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Agenda 09/24/2019 Item #16F 2 (Agreement w/Collier's Future Economy, Inc.)09/24/2019 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairman to sign the Agreement with the Partnership for Collier’s Future Economy, Inc., an affiliate of the Greater Naples Chamber of Commerce, in continued support of the established public-private partnership designed to advance the County’s economic development efforts. OBJECTIVE: To approve the Partnership Agreement for Fiscal Year 2020. CONSIDERATIONS: On September 10, 2013, Agenda Item 11.C., the Board approved the Office of Business & Economic Development’s FY 2014 Business Plan including a goal of developing a local economic development partnership. Since that time, staff has continued to advance that economic development goal under the Board’s direction provided at several Board meetings. On December 10, 2013, Agenda Item 10.B, the Board approved the Agreement with Partnership, a not- for-profit entity created by the Greater Naples Chamber of Commerce, to develop a detailed Community and Economic Development Strategic Plan for our community. The effort and cost sharing has resulted in the promulgation of the “Opportunity Naples Strategy,” which was accepted by the Board on November 18, 2014, Agenda Item 11A. This Agreement continues to implement that strategic plan with activities for 2020. The specific initiatives and action plans produced as part of the Opportunity Naples Strategy planning effort continue to form the basis of this Agreement, the Scope of Services, and Roles and Responsibilities o f the Partnership , which further economic development in Collier County. Earlier this year, County staff, along with staff from the Chamber of Commerce, sat down and reviewed the roles and responsibilities for the Partnership. Several updates were made to each area to modernize and bri ng in line the different economic activities, partnership collaborations, and place an emphasis on better data and reporting. The FY 20 agreement adds new responsibilities for the Partnership, including producing key data points on a monthly, quarterly and annual basis, through research and reporting on business retention and expansion visits to provide aggregate data from these visits. A new deliverable was added to provide a quarterly economic update to County Commissioners and organize an annual meeting in April providing an annual economic update. Currently, the Partnership maintains the Collier EDO website with funding provided by the County through this contract. That website will be phased out in the coming year while staff works on the design and build of a new website that seeks to consolidate and streamline the County’s economic development information into a single website using already established branding. At that point, the Collier EDO website will be phased out and remaining funding can be used for data collection initiatives. FISCAL IMPACT: The total cost to the County for the Agreement will not exceed $100,000 in FY 2020. Funding is appropriated for this expenditure in the approved Business and Economic Development Division FY 2020 budget. GROWTH MANAGEMENT IMPACT: This request is consistent with Objective 3 of the Economic Element of the Collier County Growth Management Plan which states: “Collier County will support programs which are designed to promote and encourage the recruitment of new industry as well as the expansion and retention of existing industries in order to diversify the County’s economic base.” LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved for 16.F.2 Packet Pg. 2397 09/24/2019 form and legality, and requires a majority vote for Board action. -JAK RECOMMENDATION: To approve and authorize the Chairman to sign the Agreement with Partnership for Collier’s Future Economy, Inc. (“Partnership”). Prepared by: Sean Callahan, Executive Director, Corporate Business Operations ATTACHMENT(S) 1. Agreement - Colliers Future Economy (PDF) 16.F.2 Packet Pg. 2398 09/24/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.2 Doc ID: 10165 Item Summary: Recommendation to approve and authorize the Chairman to sign the Agreement with the Partnership for Collier’s Future Economy, Inc., an affiliate of the Greater Naples Chamber of Commerce, in continued support of the established public-private partnership designed to advance the County’s economic development efforts. Meeting Date: 09/24/2019 Prepared by: Title: – County Manager's Office Name: Sean Callahan 09/13/2019 9:06 PM Submitted by: Title: County Manager – County Manager's Office Name: Leo E. Ochs 09/13/2019 9:06 PM Approved By: Review: County Manager's Office Sean Callahan Additional Reviewer Completed 09/13/2019 9:07 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 09/16/2019 8:28 AM Budget and Management Office Ed Finn Additional Reviewer Completed 09/16/2019 9:45 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/16/2019 9:51 AM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 09/16/2019 2:47 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/24/2019 9:00 AM 16.F.2 Packet Pg. 2399 16.F.2.a Packet Pg. 2400 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2401 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2402 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) was not is service or used as required; and (2) for the required 50 retention visits. As an example, if there were only 25 retention visits, the County would deduct $7,500 (or half of the $15,000 consideration for this service) from the final payment. All payment requests by the PARTNERSHIP to the COUNTY shall be submitted with a completed Program Performance Report, Exhibit C, and Exhibit D, Payment Record Chart, in a form acceptable to the COUNTY and the PARTNERSHIP, as generally outlined and set forth in Exhibit C, attached hereto and by reference made a part hereof. Payments to the PARTNERSHIP will be made within Forty-five (45) days of requests, in compliance with the Local Government Prompt Payment Act, and in accordance with the procedures specified in Exhibit B, Method of Payment and Budget Detail for Services. If the COUNTY determines, through its inspection or review, that the PARTNERSHIP has not performed or is performing less than the total agreed­ upon services, then the COUNTY shall notify the PARTNERSHIP in writing, specifying those services that it alleges have not been performed or fully performed, and the PARTNERSHIP shall have thirty (30) days from receipt thereof to submit a then-current Program Performance Report, which shall address such allegations in detail and/or shall meet with the appropriate representatives of the COUNTY to discuss resolution thereof and cure or remedy any services not fully performed. Upon failure thereof, the COUNTY shall be entitled to reduce payment otherwise due for such services not fully performed on a pro-rata basis. Performance will be measured by the defined Scope of Services set out in Exhibit A or a percentage of defined service goals completed and by such other standards as the parties may agree upon in writing. The PARTNERSHIP shall submit its first payment request and Program Performance Report for the period of October 1, 2019, through December 31, 2019, on or before January 31, 2020. The PARTNERSHIP shall submit its second payment request and Program Performance Report for the period of January 1, 2020, through March 31, 2020 on or before April 30, 2020. The PARTNERSHIP shall submit its third payment request for the period of April 1, 2020, through June 30, 2020, on or before July 31, 2020. The PARTNERSHIP shall submit its final payment request, Program Performance Report and a year-end analysis and any other required reports on or before October 10, 2020. If the PARTNERSHIP fails to comply with the requirements of this Article, the COUNTY may refuse to honor or be held liable for payment of any late request(s) for payment. ARTICLE V MAINTENANCE OF RECORDS The PARTNERSHIP shall maintain such financial records and accounts, including invoices, purchase orders and backup materials or documents deemed necessary to assure a proper accounting for all COUNTY funds for which the COUNTY is obligated to reimburse the PARTNERSHIP under the terms of this Agreement. The aforesaid records and accounts shall be made available for inspection purposes at reasonable times and upon reasonable notice during normal business hours and as often as the COUNTY may deem necessary to verify reimbursements and any other financial records or matters covered by this Agreement. The PARTNERSHIP shall also: 1.Keep and maintain public records required by the public agency to perform the service. 2.Upon request from the public agency's custodian of public records, provide the public agency with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in this chapter, or as otherwise 4 ® 16.F.2.a Packet Pg. 2403 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2404 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2405 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2406 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2407 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2408 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2409 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2410 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2411 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2412 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2413 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2414 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2415 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2416 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2417 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2418 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract) 16.F.2.a Packet Pg. 2419 Attachment: Agreement - Colliers Future Economy (10165 : Chamber Partnership Contract)