HomeMy WebLinkAbout80-92 RESOLUTION•
•
RESOLUTION NO.
•
80-90
A RESOLUTION APPROVING THE FAYETTEVILLE
ECONOMIC DEVELOPMENT PLAN FOR 1992.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the Hoard of Directors hereby approves the
Fayetteville Economic Development Plan for 1992. A copy of the
Fayetteville Economic Development Plan for 1992 is attached hereto
marked Exhibit "A" and made a part hereof.
PASSED AND APPROVED this _th day of May, 1992.
ATTEST:
City Cleft
APPROVED:
•
•
Fayetteville Economic Development
Paan for 1992
(F.E.D.P.)
Mission Statement:
Primary emphasis of F.E.D.P. will be the expansion of existing
business and recruiting of new business to Fayetteville while
maintaining and improving our quality of life.
CRITICAL OBJECTIVES:
I. Support and Retain Existing Businesses in Fayetteville
Action Plan
A. Conduct annual ''business reeds" survey.
B . Begin annual award to recognize outstanding business of the
year, in conjunction with the annual Chamber meeting.
C. Promote community awareness seminars conveying local business
needs and concerns,
11. Attract New/Complementary Businesses to Fayetteville
Action Plan
A. Establish marketing plan.
B . Identify "key target" businesses to solicit.
C. Work with University of Arkansas Genesis Program in
development of new business opportunities.
III. Support Expanded Educational Opportunities Including Secondary
Schools, Junior Colleges, University, and Trade/Technical Schools to
increase Available Semi -Skilled and Skilled Labor
Action Plan
A. Survey businesses for labor needs.
B . identify types of available training.
C. Promote expansion of educational systems.
IV. Explore Avenues to Expand and Increase the Overall Tax Base to
Provide for Additional Revenues to the City of Fayetteville
Action Plan
A. Identify existing sources of tax revenues (by dollar volume and
% of total).
13. Research "new" sources of tax revenues.
C. Ask the city to conduct a "needs assessment" survey to
determine cost versus tax dollar resources for future
development,
V. Provide Adequate, Trained Staff to Meet Critical Objectives
Action Plan
A. Hire economic development director.
B. Provide annual budget to meet objectives for coming year.
C. Provide adequate office space and support staff to accomplish
objectives.
VI. Review and Update Annually All Critical Objectives
Action Plan
A. Incorporate and prioritize new critical objectives
B. Report on success of prior years' critical objectives
18.1311
FNBF
FA 1TTE .TILLE
cl
THE CITY OF FAYETTEVILLE, ARKANSAS
N
0
CT
9
Z
W
Mr. Steven M. Ward
President/CEO
FAYETTEVILLE CHAMBER OF COMMERCE
P.O. Box 4216
Fayetteville, Arkansas 72702-4216
RE: Notice of Intent to Renew
Dear Mr. Ward:
CITl / CHAMBER
IIJTEN='T TO REtJEV /
AG2EEM EtJT
io--4-G4
S (, '7-V)
October 4, 1994
,i7o-9�
The City of Fayetteville entered into a co-operative
"Agreement" with the Fayetteville Chamber. of Commerce on
-=---September 17, 1991. The terms of the aforementioned contract.
dictate that the city has the option to renew yearly for three (3)
additional one (1) year terms. Notice of intent to renew is to be
given by letter ninety (90) days prior to the end of the contract
term.
This letter will serve as our notice of intent to renew this
contract in 1995, subject to the. City Council's approval of the
yearly City budget. Should you have any questions, or if I can be
of any further assistance to you, please do not hesitate to call.
Sincerely,
F ed Hanna
Mayor
FH/kaf
L1OLO
113 WEST MOUNTAIN 72701 501-521-7700
FAX 501-575-8257
CITY / CNAMf3 R
FA.TTTEVILLE
AG- EMEoJT
- - - i o -4-q4
THE CITY OF FAYETTEVILLE, ARKANSAS
D' 'v)
October 4, 1994
a-
0
9
Z
W
Mr. Steven M. Ward
President/CEO
FAYETTEVILLE CHAMBER OF COMMERCE
P.O. Box 4216
Fayetteville, Arkansas 72702-4216
RE: Notice of Intent to Renew
Dear Mr. Ward:
f/'�,1NO- 9��
fw/
The City of Fayetteville entered into a co-operative
"Agreement" with the Fayetteville Chamber. of Commerce on
September 17, 1991. The terms of the aforementioned contract
dictate that the city has the option to renew yearly for three (3)
additional one (1) year terms. Notice of intent to renew is to be
given by letter ninety (90) days prior to the end of the contract
term.
This letter will serve as our notice of intent to renew this
contract in 1995, subject to the. City Council's approval of the
yearly City budget. Should you have any questions, or if I can be
of any further assistance to you, please do not hesitate to call.
Sincerely,
F ed Hanna
Mayor
FH/kaf
CriQ2
LIO(a
113 WEST MOUNTAIN 72701 501-521-7700
FAX 501-575-8257