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Agenda 11/18/2014 Item # 11A
11 /18/2014 11.A. EXECUTIVE SUMMARY Recommendation to accept the Collier County Economic Development Strategic Plan. OBJECTIVE: To present the community based economic development strategic plan to the Board in fulfillment of the deliverable specified in the scope of services in the agreement between the County Commission and the Partnership for Collier's Future Economy. CONSIDERATIONS: On December 10, 2013, the County Commission entered into an agreement with the Partnership for Collier's Future Economy (PCFE) to provide a host of economic develop services designed to grow and diversify the local economy. The primary deliverable in the initial contract year is the development of a strategic plan for economic development for our community. The final plan is now complete and is ready for presentation to the Board by the PCFE per the enclosed power point materials. Due to its volume, a complete version of the document has not been reproduced in the backup materials. It is accessible to the public at the following website link: ,AAvw.opportunitvnaples.com FISCAL IMPACT: The Board of County Commissioners and the PCFE jointly funded the costs associated with the development of the strategic plan. The total estimated cost of the project is $222,000. The County's not to exceed share of the project cost is $111,000 which includes one half of the consulting services contract costs ($71,000) and one half of the Partnership's allocated internal project management and overhead expenses ($40,000). Funding was budgeted in the Business and Economic Development Department FY 14 budget. LEGAL CONSIDERATIONS: This item has been reviewed by the County attorney, raises no legal issues at this time, and requires majority vote for acceptance. -JAK GROWTH MANAGEMENT IMPACT: This project supports the goals and objectives of the Economic Element of the adopted Collier County Growth Management Plan. RECOMMENDATION: That the Board accept the Collier County Economic Development Strategic Plan. Prepared By: Bruce Register, Business and Economic Development Director Attachments: PCFE Power Point presentation Packet Page -499- 11/18/2014 11.A. COLLIER COUNTY Board of County Commissioners Item Number: 11.11.A. Item Summary: Recommendation to accept the Collier County Economic Development Strategic Plan. (Bruce Register, Office of Business and Economic Development Director) Meeting Date: 11/18/2014 Prepared By Name: BrockMaryJo Title: Executive Secretary to County Manager, County Managers Office 11 / 12/2014 8:09:31 AM Submitted by Title: Executive Secretary to County Manager, County Managers Office Name: BrockMaryJo 11/12/2014 8:09:32 AM Approved By Name: OchsLeo Title: County Manager, County Managers Office Date: l I /l 2/2014 11: 5 9:08 AM Packet Page -500- r ear r TE 6. d low i cT� e; ear R-- m 0 01 0 CL CDL 0 Packet Page -501- 11/18/2014 11.A. Lu U W O x�.. 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