Item:
Title
Approve Fiscal Year 2020-2021 Contract with Downtown Durham, Inc. for Identified Downtown Economic Development and Business Support Services
Body
Date of BOCC Meeting: July 13, 2020
Request for Board Action:
Agenda Text
The Board is requested to authorize the County Manager to execute the attached agreement in the amount of $160,000 with Downtown Durham Inc. (DDI) for services that support business and economic development in FY 2020-2021.
The agreement and Scope of Services will continue to seek service delivery that has assisted in the ongoing redevelopment of downtown Durham and concurrent tax base growth. The attached Scope of Services outlines DDI’s responsibilities and metrics that align with the County’s Strategic Plan as well as the schedule for reporting documents. Funds for this agreement were included as part of the FY 2020-2021 Approved Budget.
Alignment with Strategic Plan: This item aligns with Goal 4: Environmental Stewardship and Community Prosperity to promote and support the community and economic vitality for all residents.
Resource Persons: Andrew Miracle, Economic Development Officer; Jay Gibson, General Manager; Nicole Thompson, CEO, Downtown Durham, Inc.
County Manager’s Recommendation: The County Manager recommends that the Board authorize the County Manager to execute the attached agreement in the amount of $160,000 with Downtown Durham, Inc. (DDI) for services that support business and economic development in FY 2020-2021.
Signature
County Manager: ____________________________