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HomeMy WebLinkAbout162-08 RESOLUTIONRESOLUTION NO. 162-08 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A LETTER OF AGREEMENT WITH THE UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION (UATDF) TO COST - SHARE THE PREPARATION OF AN ECONOMIC DEVELOPMENT STRATEGIC PLAN IN AN AMOUNT NOT TO EXCEED $75,000.00. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby authorizes the Mayor to execute a Letter of Agreement with the University of Arkansas Technology Development Foundation (UATDF) to cost -share the preparation of an Economic Development Strategic Plan in an amount not to exceed $75,000.00.K/TR ''. •e41s.. 0,4 %.6;31% % ^V;• P1. :FAYETTEVILLE: -;e57 s'1R3 ma''ykA NSP J�' „1” T0$ ��.‘`. PASSED and APPROVED this 19th day of August, 2008. APPROVED: By: ATTEST: By: SONDRA E. SMIT City Clerk/Treasurer LETTER OF AGREEMENT FOR ECONOMIC DEVELOPMENT SERVICES WHEREAS the University of Arkansas and the City share a longstanding interest to promote the economic vitality of Fayetteville and, WHEREAS volatile sales tax revenues pose a serious threat to sustaining quality of life programs funded by the City and, WHEREAS the University created the University of Arkansas Technology Development Foundation, a separate 501 c. 3. Organization to assist it in its economic development mission and efforts and, WHEREAS the University and the City have determined that an economic development strategic plan is essential to providing long-term fiscal sustainability and, WHEREAS the preparation of an economic development strategic plan by the University of Arkansas Technology Development Foundation will offer an opportunity to engage contractors to work with the public, City Council, University Administration, and key stakeholders to define the economic future of Fayetteville and, WHEREAS the University of Arkansas Technology Development Foundation shall enter into a contract for the economic development strategic plan, It is hereby agreed that the parties cost share the economic development strategic plan and the City share not exceed 50% of the project cost or $75,000.00 whichever is less. Entered into this day of August, 2008 For the City of Fayetteville: For the University of Arkansas Technology UQdc€L r LA&u Jrdf/rn City of ayettevill Staff Review -orm Gary Dumas Submitted By City Council Agenda Items and Contracts, Leases or Agreements 8/19/2008 City Council Meeting Date Agenda Items Only Division Action Required: Operations cz tees goo /6eR 6F At itch' Department Approve resolution authorizing the Mayor to execute a letter of agreement with the University of Arkansas Technolog Development Foundation (UATDF) for contract services related to the development of an Economic Development Strategy for Fayetteville $75,000 Cost of this request Account Number Project Number Budgeted Item xx $ 75,000.00 Category / Project Budget Funds Used to Date 75,000.00 Remaining Balance Budget Adjustment Attached Program Category / Project Name Program / Project Category Name Fund Name Gary Dumas Department Director 8/6/2008 Date City Attorney( a� to aa 0. . 8 -3 -or Finance and Internal Service Director Date Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: Received in City/� Clerk's Office - _ o4 Received in Mayor's Office • Comments: Revised April 16, 2007 1ayeievit1e ARKANSAS OPERATIONS DIRECTOR To: City Council From: Gary Dumas, Director of Operations Date: August 5, 2008 RE• Approving a Letter of Agreement Establishing Economic Development Partnership with University of Arkansas through the Technology Development Foundation (UATDF) Backgrou nd At the City Council's March 18th meeting the Council appropriated revenue to partner with UATDF to undertake an Economic Development program and strategy. This request is a follow- up of that action seeking the approval of a letter of agreement with UATDF. This agreement will allow the UATDF to in -turn enter into a contract with the selected consultant. At the March 18th agenda the need for this Economic Development program and strategy was discussed and approved. That discussion focused on the following: The City of Fayetteville like all Arkansas cities derives its primary source of general fund operating revenue from sales tax collections. During 2007 sales tax revenue for Fayetteville declined approximately 2.76% below 2006 collections. This helped to create a shortfall for the general fund of approximately $1.02 million. Sales tax revenue for 2008 was budgeted for 2% growth above 2007 collections and the split between operations and capital usage was modified from 50-50 to 60% operations and 40% capital. That 2% growth, if achieved and modification of the split to 60-40 will make an additional $1.72 million available for general fund operations. Even with this change in .funding practices cost cutting measures for the 2008 budget were still necessary to balance revenue and expenses. It has become apparent during the past 18 months that the purchasing dynamics of the region have changed and that the significant sales tax growth that Fayetteville has experienced during the past decade will not return. For the next few years, adjustments in expenses and/or revenues will allow the government to remain fairly stable. However, decreases in expenses will mean a reduction in services, and an increase in millage will affect every property owner. The City is not in crisis. But it appears evident that within the next 2 to 6 years those adequate resources may not be available to continue to provide the level of services our citizens deserve and have come to expect. Keep in mind also that many of these services are the ones that are unique to Fayetteville and separate us from our regional competitors. 113 West Mountain Fayetteville. Arkansas 72701 Office phone - 479-575-8330 Fax - 479-575-8257 E-mail - gdmnas@cifayMlcville.arus It is not the strongest of the species that survive, or the most intelligent, but the one most responsive to change. --- Author unknown. commonly misauribuled to Charles Darwin Discussion The University of Arkansas and the City of Fayetteville coexist in a cooperative and mutually bene ficial relationship. The University has embarked on its vision of emerging as a nationally competitive, student -centered research university serving Arkansas and the world, lifting into the ranks of the nation's top 50 public research universities. The state of Arlcansas needs a top -tier public research university if it is to become competitive in the "New Economy," which is based on knowledge generation and advanced technology. According to the "New Economy Index" published in 2001 by the Milken Institute, the state of Arkansas ranks 50th overall in the 12 educational and economic measures required for success in the new economic era. (In the "2007 State New Economy Index" by The Information Technology and Innovation Foundation and the Ewing Marion Kauffman Foundation, Arkansas ranks 47`h) The state cannot move forward without a top-ranked public research university, which directly affects a majority of those 12 educational and economic measures. The University of Arkansas is poised to become that top -tier public research university. The states that will prosper most in the new century are those that nurture knowledge- based and high-tech business and industry while creating a quality of life that attracts and keeps talented people in the state. These efforts of the University to lift itself to the top tier of public research universities, while benefiting the entire state, will be centered in Fayetteville. Necessary elements of the University's success will be: • the ability of the local government to provide the quality of life amenities that will attract and retain the best educators, scientists, researchers, and students and • the ability of the local government to provide an atmosphere that nurtures an entrepreneurial spirit to move research into the marketplace and job creation. For that reason the University of Arkansas through the Technology Development Foundation (UATDF) has agreed to partner with the City to begin a process of developing a roadmap to fiscal sustainability for the local government. The City of Fayetteville's ability or lack of ability to fund a stable government and quality of life amenities will greatly help or hinder the mission of the University and the University's success in becoming a top -tier public research university will help the City achieve fiscal stability. The UATDF has agreed to provide up to 50% or $75,000 for phase one of an economic development strategic plan for the community. This first phase is envisioned to be a community-based visioning process, building consensus and perspective, utilizing consultant services for this activity. There has been some discussion concerning an attempt to accomplish this consensus and perspective building using internal or local resources. The purpose of using outside consultant services is to gain from their prior experience and knowledge, and to gain a 113 West Mountain Fayetteville- Arkansas 72701 Office phone - 479-575-8330 Fax - 479-575-8257 E-mail - gdumas@ci.fayettcvillc.ar.us It is not the strongest of the species that survive, or the most'intelligent, but the one most responsive to change. --- Author unknown. commonly misa(rribuled to Charles Darwin new point of view of our local issues. Yes it is true that we all know Fayetteville, and we have our own opinions about what Fayetteville needs. What outside services will bring is the facilitation of a constructive discussion bringing that diverse knowledge and diverse opinion into a consolidated statement with which all sides can identify and move toward the achievement of our common objective — a sustainable, successful Fayetteville economy. That is not a task that will easily be achieved. As with all communities there are great divides of opinion. Preparing the Council and the community for an uncertain future and developing a guide to encourage job and economic growth necessary to maintain and even expand upon the quality of life amenities enjoyed in Fayetteville is perhaps the most important and pressing task at hand. The UATDF and the City have solicited, interviewed, and selected an Economic Development specialist, Eva Klein and Associates (EKA) to undertake this important task. The Scope of Work developed with FICA, the City and the UATDF is attached for your review Recommendation Approve resolution authorizing the Mayor to execute the letter of agreement with UATDF. 113 West Mountain Fayetteville, Arkansas 72701 Omce phone - 479-575-8330 Fax - 479-575-8257 E-mail - gdumaseci.tayetteville.ar.us It is not the strongest of the species that survive, or the most intelligent, but the one most responsive to change. --- Author unknown. commonly misattributed to Charles Darwin RESOLUTION NO. A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A LETTER OF AGREEMENT WITH THE UNIVERSITY OF ARKANSAS TECHNOLOGY DEVELOPMENT FOUNDATION (UATDF) TO COST -SHARE THE PREPARATION OF AN ECONOMIC DEVELOPMENT STRATEGIC PLAN IN AN AMOUNT NOT TO EXCEED $75,000.00. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby authorizes the Mayor to execute a Letter of Agreement with the University of Arkansas Technology Development Foundation (UATDF) to cost - share the preparation of an Economic Development Strategic Plan in an amount not to exceed $75,000.00. PASSED and APPROVED this 19th day of August, 2008. APPROVED: ATTEST: By: By: DAN COODY, Mayor SONDRA E. SMITH, City Clerk/Treasurer LETTER OF AGREEMENT FOR ECONOMIC DEVELOPMENT SERVICES WHEREAS the University of Arkansas and the City share a longstanding interest to promote the economic vitality of Fayetteville and, WHEREAS volatile sales tax revenues pose a serious threat to sustaining quality of life programs funded by the City and, WHEREAS the University created the University of Arkansas Technology Development Foundation, a separate 501 c. 3. Organization to assist it in its economic development mission and efforts and, WHEREAS the University and the City have determined that an economic development strategic plan is essential to providing long-term fiscal sustainability and, WHEREAS the preparation of an economic development strategic plan by the University of Arkansas Technology Development Foundation will offer an opportunity to engage contractors to work with the public, City Council, University Administration, and key stakeholders to define the economic future of Fayetteville and, WHEREAS the University of Arkansas Technology Development Foundation shall enter into a contract for the economic development strategic plan, It is hereby agreed that the parties cost share the economic development strategic plan and the City share not exceed 50% of the project cost or $75,000.00 whichever is less. Entered into this ,r day of August, 2008 For the City of Fayetteville: For the University of Arkansas Technology Development Foundation E EX/A KLEIN ASSOCIATESR trategies for the Global Knowledge Economy 503 Seneca Road Great Falls, Virginia 22066 USA PH: 703.406.6100 F: 703.406.6101 evakleinassociales.com evaldeln@evakleinassoaates.com August 11, 2008 TO: Planning Leadership Committee Fayetteville Economic Development Strategy VIA: Mr. Phillip S. Stafford, UATDF Dave Whitmire, UATDF Gary Dumas, City of Fayetteville Susan Thomas, City of Fayetteville Casey Mileham, UATDF cc Diane Lupke, Lupke Associates Anita B. Morrison, Bay Area Economics Dr. Kathryn Baker Smith, Eva Klein & Associates/Guilford Technical Community College FROM: Eva Klein y/J, SUBJECT: Scope of Work for Phase I -r With this memo, I enclose the proposal of Eva Klein & Associates (EKA) to provide Phase I of Fayetteville's initiative to develop an Economic Development Strategy / Plan. The enclosed proposal is based on various scope discussions EKA has had with representatives of the Planning Leadership Committee during the last two months—in which different levels of effort and different ways to define first and second phases were considered. This final version of Phase I is close to the "ULI model" that you originally envisioned, in that our team's on- site time in Fayetteville is scheduled for one single concentrated four-day visit. However, we have added the data collection and analysis tasks that we have been discussing—to precede that visit. The culmination of Phase 1, in this scope, will be EKA's written documentation of the outcomes of the analytical tasks and the Day 4 Closing Workshop, defined as an "Economic Development Strategy Framework." The actual economic development strategies and tactics would be the subject of Phase II, as you originally conceived. Please let me know if you have questions. Our team looks forward to working with Fayetteville on this important project. Best regards. EKA Proposed Scope and Work Program University of Arkansas Technology Development Foundation and City of Fayetteville Economic Development Strategy—Phase I Economic Development Strategy Framework August 11, 2008 GOALS AND OBJECTIVES Fayetteville's leadership is seeking to create a new economic development strategy for Fayetteville and to achieve buy -in and commitment to that strategy—so that it will have o high probability of implementation. The City of Fayetteville is the primary focus, but the leadership acknowledges that some regional strategy elements are sensible to consider, if/as they are necessary to Fayetteville's success. Throughout this scope discussion, references to "Fayetteville" are meant to also include regional elements wherever appropriate and applicable, even if not specified. As a result of our scope development dialogue, the phases of planning are defined as follows: • Phase I: Economic Development Strategy—The Framework. Phase 1 is defined to include initial collection and analyses of data; a single visit event to include an Opening Workshop and presentation; stakeholder interviews; consultant work session; and a Closing Workshop in which the future directions, or the Economic Development Strategy Framework, will be developed with stakeholders. The deliverable will be written documentation of this Framework. • Phase II: Economic Development Strategy—The Roadmap. Phase II is defined as the development of an Economic Development Strategy / Plan—including main strategies and primary tactics for implementation, including roles and responsibilities of various organizations in a multi-year implementation plan; resource / investment requirements; refinement of targets relating to goals, etc. This is a proposal for Phase I. The consultant team's objectives and task outline for Phase I are as follows: • Collect, organize, and analyze background statistical data and existing strategic plans and other documents that relate to current and future economic development in Fayetteville • Prepare for and conduct a four-day team visit to Fayetteville that will include workshops and interviews • Prepare the final deliverable. WORK PROGRAM Summary This protect is organized into 4 Tasks: Task 1—Statistical Data and Reports—Demographic, Economic, Industry, Education, Workforce Task 2—Review of Existing Plans and Strategies Task 3 -Consultant Team Visit (Workshops and Stakeholder Interviews) Task 4—Deliverable—Economic Development Strategy Framework Each task is described below. Revised / Final August 11, 2008 Page 1 of 9 EIA KLEIN pc ASSOCIATESg KK Task Descriptions Task 1—Statistical Data and Reports—Demographic, Economic, Industry, Education, Workforce Objective: Establish comprehensive, current baseline of relevant statistics about Fayetteville and its region Tasks: 1.A Collect, organize, and analyze statistical, demographic, economic, industry, and other quantitative data pertinent to recent trends, current situation, and future protections (where applicable) of key parameters for Fayetteville and the two -county region, including but not limited to: • Employment trends by industry • Commuting patterns • Business creation trends—births, deaths, etc. • Population trends, population by age cohorts • Education attainment • Income trends by households, etc. • Patterns of growth • • Workforce information, including industry, occupation, and wage statistics 1.B Request and review any special studies or reports, for example, on tax revenue protections, industry forecasts, or workforce needs, to augment our search of existing, standard data sources. 1.0 Prepare a bibliography of data and documents and compile an analytical summary Task 2—Review of Existing Plans and Strategies Objective: Achieve understanding of ongoing strategies and current plans of major stakeholder organizations, as an additional important element of the baseline for planning Tasks: 2.A Note: For example, we are aware that the University's ARTP strategy and the Green Valley sustainability initiative already are important strategic initiatives to which there is commitment. Collect and review existing/most current strategic plans or business plans of agencies and institutions relevant to economic development, including but not limited to: • Fayetteville Economic Development Council • University of Arkansas -Fayetteville / UA Technology Development Foundation • NW Arkansas Community College • NW Arkansas Council • Fayetteville Public Schools (and other local public school systems) • Local chambers of commerce and other business organizations, if any others • State of Arkansas • Major corporate members of the community 2.6 Develop preliminary conclusions about the role in, and impact on, Fayetteville's vision and future strategy that might derive from existing/ongoing plans of stakeholder organizations. Revised / Final August 11, 2008 Page 2 of 9 • EVA KLEIN ASSOCIATESg EKA Task 3—Consultant Team Visit to Fayetteville Objective: Prepare for and conduct a four-day consultant team visit to Fayetteville, as the main event of Phase 1—to collect qualitative interview data and to facilitate a Workshop with stakeholders to develop the Economic Development Strategy Framework. Tasks: 3.A Work with the Planning Leadership Committee to plan, organize, schedule, and prepare for the visit, including detailed agenda, presentation materials, interview protocols, etc. 3.6 Conduct the 4 -day visit: • Day 0: Team travel in to Fayetteville and final preparations • Day 1—Morning: Conduct an Opening Workshop with a large invited audience that will include our presentation on the Knowledge Economy and initial discussion of the rationale for a new economic development strategy for Fayetteville (up to half-day) • Day 1—Afternoon: Conduct interviews with individuals and groups who broadly represent the stakeholders—both constituents in the community and the "actors" in Fayetteville's economic development strategy • Day 2—All Day: Continue interviews • Day 3: Conduct a consultant team internal work session to organize and analyze the findings of the interviews and to prepare for the Day 4 Closing Workshop • Day 4: Facilitate a full-day (or nearly full-day) Closing Workshop (or "Summit" or other title) with large group of participants to present the findings (as a preliminary SWOT) and to lead discussion toward development of the Economic Development Strategy Framework • Day 4: Travel out Note: For budgeting, this is four days on site, including arrival on the prior day and travel out on the fourth day. The number of interviews (individual and group) will be determined based on available time of four consultants for part of Day 1 and all of Day 2 and assuming that one consultant can do five (5) individual interviews per full day and two consultants together can do four (4) group interviews per full day. Task 4—Deliverable—Framework for Economic Development Strategy Objective: Document the outcomes of the Day 4 Workshop (incorporating SWOT analysis) and prepare the Economic Development Framework that will guide development of the Strategy / Plan in Phase II. Tasks: 4.A Integrate and analyze all the data derived from Tasks 1 through 3 and prepare the draft of the deliverable of Phase I, to include: • The completed SWOT Analysis • The Economic Development Strategy Framework (as derived in the Day 4 Closing Workshop) 4.6. Review the draft of the final deliverable in a meeting with the Protect Leadership Committee (Meeting to be attended by E. Klein only). 4.0 Produce the final deliverable. Revised / Final August 11, 2008 Page 3 of 9 €/A KLEIN ASSOCIATES EKA TEAM The Phase I core team was selected for complementarity of their skills—as generalists in economic development but also with some specific areas of special expertise, as follows: • Eva Klein—University-Centered Economic Development Strategies • Diane Lupke—Community-Based and Regional Economic Development Strategies • Anita B. Morrison—Economic and Development Market Analyses and Urban / Regional Strategy Development • Dr. Kathryn Baker Smith—Community College and Technical Education and Workforce Development All four consultants will participate in the visit and development of the analyses and the deliverable. DELIVERABLES Interim Work Products Interim work products will include: • Bibliography of Data, Documents, Plans, and Reports ■ Interview Plan (Interviewee Selection, Interview Protocols) • Detailed Schedule / Agendas ■ Presentation Materials for Opening Workshop (Day 1) • Presentation Materials for Closing Workshop (Day 4) Final Deliverables The Phase I deliverable will be: • Economic Development Strategy Framework (including SWOT Analysis)—review draft ■ Economic Development Strategy Framework (including SWOT Analysis)—final The most important deliverable, of course, is not a written deliverable. It is achievement of much -enhanced enthusiasm among key constituencies for the work of developing an Economic Development Strategy / Plan, as Phase II. BUSINESS TERMS Form of Contract Given the inevitable difficulties of predicting the outcomes of a strategic planning process with multiple constituencies, in which achieving consensus is perhaps more important than writing a document, we recommend a "time and materials" contract, based on this initial scope, budget assumptions, and cost estimate, with a not -to -exceed amount established initially. Then, if/as the situation warrants, changes to scope—either additions or reductions of team members or tasks or days on site, with associated changes in costs, can be executed as amendments to the agreement by mutual agreement of the parties. Revised / Final August 11, 2008 Page of EVA KLEIN ASSOCIATES EEA Schedule Assuming authorization to proceed by August 29, 2008, the Phase I schedule would be as follows: Fayetteville Economic Development Strategy Phase I --Framework for Economic Development Strategy Schedule Overview Aug -08 Sep -08 Oct -0B Nov -08 Dec -08 ag1.KA1R Month 1 Month 2 Month 3 Month 4 Month 5 0 Scope Refinements; Conrad Development (City and UATDF; with EKA); Authorization to Proceed WA IalReview of Statistical Data/Reports--Demographic, Economic, Industry, Education, Workforce 2 Review of Ealing Plans and Strategies—Local 8 Regional Organizations . 3A Planning 8 Preporotion for Four -Day Team Visit to Fayetteville .. 33 Four -Day Team Visit to Fayettevilleel 4A Prepare Deliverable: Economic Development Framework (induding SWOT Analysis)—Review Draft 1[4.11 4.B with Project Committee to Review/Discuss Draft of Deliverable tMeeting 4.0 Prepare Final Deliverable MI A= Interim or Final Deliverable • = Meeting E nl Note: This schedule assumes a contrail in place and authorization for EKA needed for Tasks 1 and 2 and 3.A (visit preparation). Target for completion to proceed by August would be early December, 29, 2008. A full 6 to 8 weeks is depending upon when th Professional Fees Based on the foregoing scope, tasks, and assumptions, fees are estimated in the following table. Revised / Final August 11, 2008 Page of EVA KLEIN ASSOCIATESP, EKA Fayetteville Phase I—Framework Estimate of Hours Economic for Economic and Fees—August Development Strategy Development Strategy 11, 2008 Task # Task Assumptions/Comments Est. Hrs $Est Fees Task 1 Statistical Data and Reports— Demographic, Economic, Industry, Education, Workforce Collect, organize, and analyze data from existing sources; no original primary data collection is assumed. Planning Leadership Committee will assist in data collection. 106 $21,816 Task 2 Review of Plans and Existing Strategies Planning documents. Leadership Committee will assist in collection of 44 $10,030 Task 3 Team Visit (Opening Workshop; Stakeholder Interviews; Consultant Work Session; and Closing Workshop) Includes ■ • • ■ • • 4 days Conduct the Knowledge half-day• Total of mix of individual developed One day findings Person -days) Closing consultants) Related Travel in on site for four (4) an initial workshop, including Economy and ED 4 consultants) six (6) person -days of and group interviews with the Project Leadership of consultant work on-site; and prepare material Workshop (full-day or preparation time is on prior day; travel consultants strategy consultant for the nearly _ out is a time (details Committee) develop Closing hill on the to: presentation planning day applied to interview Workshop x 4 fourth on (up to to be (4 day 259 $60,307 t Task 4 Economic Development Strategy Framework (including SWOT Analysis) Integration of Tasks 1 through Workshop, with Development designed to provide strategic planning. Committee (to the StrategyFramework" quantitative 3, and consltant the Scope review the and the outcomes team planning includes draft) qualitative information from of Task 4 Closing input, as the "Economic deliverable. This will be "agenda" for Phase II ED a Review Meeting with the for 1 consultant (1 person -day). 191 $47,957 Summary/Totals 600 $140,110 Summary / Totals (Rounded) 600 $140,000 Protect Monagement and Interim Communications now is allocated to the four main tasks. Expenses Travel Travel is estimated for the following number of person -trips: Task 3.B Visit 4 (Klein, Lupke, Morrison, Smith) Task 4.B Review Meeting 1 (Klein) All travel -related expenses will be billed as actually incurred, without mark-up. Air fares will be booked at the lowest fare available at the time of booking for a reasonable itinerary on the required dates. We would be happy to achieve government or university rates at area hotels if the City or University can arrange this. Revised / Final August 11, 2008 Page 6 of 9 EVA KLEIN ASSOCIATESE EKA Administrative Expenses Administrative expenses should be modest, unless we produce many copies of materials for distribution, which can be estimated based on typical copy and document production charges that are the same as FEDEX-Kinko's. Any major duplicating/printing undertaken will be additional expense and agreed upon in advance. Expense Estimate Summary Travel $ 8,000 Travel—Contingency $ 1,000 Administrative $ 1,000 Total Estimated Expenses $10,000 With estimated expenses included, the total estimated budget is $150,000. Invoices and Payments EKA will invoice monthly for fees and expenses incurred in the month lust ended. Invoices will include: • Total hours incurred • Total professional fees ■ Expenses for travel (with Travel Expense Reports and receipts, if desired) ■ Administrative expenses (e.g. LD telephone, fax, printing/duplication—color copies, overnight deliveries, etc., without back-up). Payment is due 30 days from the invoice date (net 30). Payments may be made via check or electronic funds transfer. Penalties and interest may be applied for payments received later than 30 days. Confidentiality and Proprietary Materials All materials provided by client participants to EKA will be treated with suitable confidentiality by EKA, its employees and subcontractors. Work products created in this study will be owned by the University of Arkansas Technology Development Foundation or the City of Fayetteville. EKA and/or its subcontractors will retain ownership of any proprietary data, methods, or materials which it may use in the course of producing work for Fayetteville. Revised / Final August 11, 2008 Page 7 of 9 E/A KLEIN ASSOCIATESe EKA EXHIBIT 1 NOTES ON STAKEHOLDER INTERVIEWS Interview Scheduling Assumptions Interviews are incredibly important to any strategic process, especially one that requires achievement of broad participation and buy -in. But they also are extremely time-consuming and thus expensive, including: ■ Preparation: Organization, selection of interviewees, scheduling; preparation of interview protocols ■ Interviews: Days on site to conduct the interviews • Analysis: Conversion of voluminous notes into distilled findings. The following is provided for the Planning Leadership Committee's consideration of time and costs: 1. All four consultants will conduct interviews for approximately 1.5 days each (about 6 person - days). The actual schedule will be developed based on scheduling of the Workshops. 2. All the following assumes that interviewers stay stationary in assigned conference rooms and do NOT have to travel between interviews, which wastes time. 3. Based on a full day, one consultant con do five (5) individual interviews per day, scheduled as 1.25 hours each, with short amounts of time in between. Very small groups (e.g. 2 or 3 interviewees) can be handled the same way, although it.might be better to organize the schedule for at least 1.5 hours if more than one individual. A typical schedule of interviews for one consultant for a full day would be: Individuals Very Small Groups f2 or 31 8:30 - 9:45am 8:30 - 10:OOom 10:00 -, 11:15am 10:15 - 11:45am 11:30-12:45pm 11:45 - 1:O0pm (Break/Lunch) 12:45-2:OOpm (Break/Lunch) 1:00 - 2.30pm 2:00-3:15pm . 2:45-4:15pm 3:30-4:45pm 4:30 - 5:45pm Group interviews typically must be scheduled for two hours, with half an hour between. They require two interviewers and they take longer because so many more people have to express answers/views. Two interviewers can comfortably do three groups per full day, or four groups, if the schedule is pushed. Groups of 8-10 are ideal. Somewhat smaller or larger is workable. A typical schedule for group interviews for two consultants for a full day would be: 8:00 - 10:OOam 10:30 - 12:30pm 12:30 - 1:45pm (Break/Lunch) 1:45 - 3:45pm (or 2:00 - 4:OOpm) 4:15 - 6:15pm (or break up for individual interviews, e.g. 4:00 — 5:15pm) Since half of Day 1 will be for the Opening Workshop; half of Day 1 and all of Day 2 will be available for interviews. The 1.5 days (x 4 consultants) will require a plan to maximize and optimize the available interview time. • Revised / Final August 11, 2008 Page 8 of 9 EYA KLEIN ASSOCIATES FKA Interviewees The following lists provide a base of potential interviews from which the Planning Leadership Committee and the consultants will develop the actual schedule of interviews. Not all will be included. Individuals 1. Mayor Coody 2. Alderwoman Thiel 3. Alderwoman Gray 4. Alderman Cook 5. Alderwoman Allen 6. Alderman Ferrell 7. Alderman Rhoads 8. Alderman Jordan 9. Alderwoman Lucas 10. City Budget Director 11. UofA Chancellor 12. FPS Superintendent 13. Mayor McCaslin 14. Mayor Womack 15. Mayor VanHoose 16. Rogers -Lowell Chamber President 17. Bentonville -Bella Vista Chamber President 18. Springdale Chamber President 19. Steve Rust, Fayetteville, EDC 20. Dan Sanker, CaseStack and Green Valley Initiative 21. Owner/Editor of most influential media in the region Groups 1. Community Activists 2. FEDC 3. Chamber Board 4. Bankers Association 5. Developers 6. Fayetteville Council of Neighborhoods 7. Industrial Users Group (Tyson, P&G, Superior) 8. Wal-Mart Vendors 9. Utility Execs 10. Sustainability Leaders (UofA, Wal-Mart, City) 11. Senior City Staff 12. Chamber Young Professionals 13. UofA Professors 14. Public School Educators 15. UA Technology Development Foundation 16. NW Arkansas Council 17. Quorum Court Members 18. Journalists / Members of print and electronic media/press 19. Neighborhood/retail revitalization groups or CDCs Revised / Final August 11, 2008 Page 9 of 9 E/A KLEIN ASSOC{ATES? 8.20.08 Clarice Pearman - Res. 162-08 Page 1 From: Clarice Pearman To: Dumas, Gary Date: 8.20.08 3:38 PM Subject: Res. 162-08 Attachments: 162-08 UofA Technology Dvlpmnt Foundation-Itr agrmt.pdf Gary: Attached is a copy of the resolution passed by City Council, August 19, 2008. I asked Lana to get the mayor's signature as soon as possible to expedite this as you asked. This will confirm that I have given you two signed agreements by the mayor. Please be sure that the University retums one signed agreement to the City Clerk's office to attached to the resolution. Have a good day. Thanks. Clarice (8.21.08 Clarice Pearman - Res. 162-08 From: To: Date: Subject: Attachments. Pettit Clarice Pearman Dumas, Gary 8.21.08 4:10 PM Res. 162-08 162-08 UofA Technology Dvlpmnt Foundation-Itr agrmt.pdf CC: Audit Gary: Attached is a copy of the above resolution passed by City Council. This will confirm that I received the letter agreement signed by the University of Arkansas representative. I appreciate your help. Please let me know if there is anything else needed for this item. Have a good day. Thanks. Clarice