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HomeMy WebLinkAboutReso. 1987-374 - Approving the 1987-88 Industrial Promotion Agreement Between the City of Redding and the Economic Development Corporation, and Authorizing the Mayor to Sign Same w• • • RESOLUTION NO. 7•'7 f A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE 1987-88 INDUSTRIAL PROMOTION AGREEMENT BETWEEN THE CITY OF REDDING AND THE ECONOMIC DEVELOPMENT CORPORATION, AND AUTHORIZING THE MAYOR TO SIGN SAME . IT IS HEREBY RESOLVED by the City Council of the City of Redding as follows: 1 . That the City Council of the City of Redding hereby approves the Industrial Promotion Agreement between the City of Redding and the Economic Development Corporation, a true copy of which is attached hereto and incorporated herein; and 2 . That the Mayor of the City of Redding is hereby authorized and directed to sign said Agreement and all necessary documents in connection therewith on behalf of the City of Redding, and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding on the aforesaid documents , when appropriate . I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 15th day of December , 1987 , and was duly adopted at said meeting by the following vote : AYES : COUNCIL MEMBERS : Carter , Fulton , Gard , Johannessen , & Dahl NOES : COUNCIL MEMBERS : None ABSENT : COUNCIL MEMBERS: None ABSTAIN : COUNCIL MEMBERS : None , MIKE DAHL, Mayor City of Redding ATTEST: FORM PPROVED : v-�acace-agate VETHEL A. NICHOLS , City Clerk RA DALL A. HAYS , City Attorney • ECONOMIC . DEVELOPMENT ORPORATION CSHASTA OUNTY AGREEMENT THIS AGREEMENT made and entered into this day of December, 1987, by and between the CITY OF REDDING, a Municipal Corporation and general law city, hereinafter referred to as "CITY," and the ECONOMIC DEVELOPMENT CORPORATION, a non-profit corporation duly organized and existing under and by virtue of the laws of the State of California, hereinafter referred to as "EDC": WITNESSET• H: WHEREAS, the City Council of the City of Redding is empowered to appro- priate and expend money from City funds for industrial promotion in the Redding area; and WHEREAS, the EDC is particularly well equipped to administer a program for industrial promotion; and WHEREAS, the proposed Marketing Program by the EDC is an extension of EDC's business recruitment project, which began in 1980, and will be a continuation of the City of Redding's and Shasta County's commitment to promote the area for new business growth; and WHEREAS, this new partnership of EDC, the City of Redding and Shasta County will provide a productive and coordinated program for job creation and business development; NOW, THEREFORE, IT IS HEREBY MUTUALLY AGREED by and between the parties hereto as follows: ,— 737.'Auditorium,Drive+ Suite)D}- Redding;, 96001:.-•916/225-53007 • BUDGET SUMMARY 1 . EDC does hereby agree during the term hereof to perform the task of industrial promotion as outlined in the Executive Summary attached hereto and incorporated herein by reference. 2. To offset the EDC's costs and expenses incurred in said indus- trial promotion, City agrees to pay EDC for the fiscal year 1987-88 the total sum of Fifty Thousand Dollars ($50,000.00), payable in installments, for the services, including salary and benefits, estimated below, upon submission of invoices thereof: (a) FOUR INDUSTRIAL OR PRODUCT RELATED SHOWS $19,500.00 Estimated two persons per show. All transporta- tion and lodging arrangements are made and the expenses covered by the EDC. Other expenses for shows include round trip shipping of promotional materials, booth space rental, electric outlets, booth furnishings, etc. EDC has participated in three product related shows to date ( California State Fair-Sacramento, L.A. County Fair-Pomona, and U.S. National R.V. Show-Louisville,Kentucky. (b) PAID ADVERTISING 5,000.00 Future Ad placements are pending. Past examples include the May '87 issues of the San Francisco Focus and Los Angeles Magazine, and the August/ September '87 issue of Western Outdoors. (c) DIRECT MAIL CAMPAIGNS, VISITATIONS, REFERRALS 6,500.00 AND INQUIRIES Travel and/or per diem where deemed necessary for highly regarded prospects, stationery and postage and telephone. (d) AMBASSADOR PROGRAM 4,100.00 Purchase of additional Ambassador kits for local community and business leaders to market area industrial and business opportunities to pros- pective clients. BUDGET SUMMARY CONTINUED (e) BROCHURES/FLYERS - "SHASTA COUNTRY" 14,500.00 Development of promotional literature as part of a regional economic development campaign. This strategy will focus on developing a theme promo- ting the Shasta Cascade Region, integrating tourism, industrial, commercial and agricultural development. The City of Redding serves as the regional commercial, industrial, transportation, health care, retirement and governmental head- quarters. (f) VIDEOTAPE (follow-up and promotional) 400.00 Cost includes reprinting of existing videotapes, postage paid packages to prospective clients who are invited to view the video as part of EDC's promotional literature, etc. TOTAL: $50L000.o0 3. EDC covenants and agrees to submit a summary statement of its costs and expenditures in the performance of its contractural responsibilities herein to City at quarterly intervals during the fiscal year, and further agrees to keep a full and complete account of its use of all funds received from City and to make such account available to City at any time and all reasonable times, upon request. 4. EDC does hereby agree to hold the City of Redding, its officers, agents and employees, harmless from any and all actions, causes of action, claims, demands, costs, loss of services, expenses and compensation, on account of or in any way growing out of the City's expenditure of said funds to EDC for the industrial promotion outlined above. • 5. The term of this Agreement shall be for the period of one (1 ) year beginning July 1 , 1987, and terminating June 30, 1988. 6. No member of the City Council or of any Board, and no officer or employee of the City shall be or become, directly or indirectly, financially interested in this contract or the work or business provided herein to be performed by EDC. 7. It has been determined that this matter is not subject to the provisions of CEQA. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year first above written. CITY OF REDDING BY: MIKE DAHL, Mayor ECONOMIC DEVELOPMENT CORPORATION BY: BY: ATTEST: ETHEL A. NICHOLS, City Clerk FORM APPROVED: RANDALL A. HAYS, City Attorney EXECUTIVE SUMMARY "SHASTA COUNTY MARKETING PROGRAM: A STRATEGY WITH BUSINESS AND GOVERNMENT TO CREATE NEW JOBS FOR OUR RESIDENTS" I. BACKGROUND The proposed Marketing Program is a continuation and combination of two local industrial recruitment efforts. The proposed Marketing Program is an extension of EDC's business recruitment project which began in 1980. The Marketing Program will also be a continuation of a commitment by the City of Redding and Shasta County to promote the area for new business growth. This partnership of EDC, Redding and Shasta County will provide a comp- rehensive program for job creation and business development. II. BUDGET Please see the attached budget summary which delineates the program costs with participants. III. FOUNDATION OF THE MARKETING PROGRAM The foundation will be a combination of the traditional elements of a commercial marketing campaign: personal, print, and visual marketing techniques; staff follow-up and technical assistance; professional sales and closing techniques. IV. PRIMARY MARKETING TECHNIQUES The highest priority of the various marketing techniques will be the "personal" approach in developing and closing prospects: 1 ) product or industry shows, 2) visitations, 3) local ambassadors, 4) companies that come in "contact" with expanding businesses and 5) communicating with the local development community for leads and marketing assistance. Follow-up assistance will primarily include personal assistance in site location research; business financing; and introductions to local employ- ment and training programs and the development community (real estate, contractors, planning and regulatory agencies, etc.) . Targeting of the Market Program will be divided into four major areas: 1 ) business retention, 2) business expansion, 3) start-ups, and 4) location of new business. Emphasis will be placed on manufacturing and companies which complement existing industry. • EXECUTIVE SUMMARY CONTINUED V. GOALS 2,000 companies and/or individuals contacted through the various direct mail campaigns. Four major product or industry shows will be attended representing Shasta County's benefits for industrial locations. 12 company visitations to Shasta County by qualified business prospects. 200 new or retained jobs from EDC's recruitment process and local business assistance programs. Target marketing research and follow-up of at least the following categories: a. retirement b. lumber and wood products (SIC 24) c. furniture and fixtures (SIC 25) d. health services e. tourism f. printing, publishing and allied industries (SIC 27) g. industries now serving local manufacturers h. government i, food and kindred products (SIC 20) j. miscellaneous plastics products (SIC 30) k. non-electrical machinery (SIC 35) 1. electrical and electronic machinery, equipment & supplies (SIC 36) m, transportation equipment and defense (SIC 37) n. measuring, analyzing and controlling instruments (SIC 38) o. housing p. chemicals and allied products (SIC 28) q. aviation