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HomeMy WebLinkAbout201-15 RESOLUTION113 West Mountain Street Fayetteville, Alt 72701 (479)575-8323 Resolution: 201-15 File Number: 2015-0493 BOYETTE STRATEGIC ADVISORS: A RESOLUTION TO APPROVE A CONTRACT WITH BOYETTE STRATEGIC ADVISORS IN AN AMOUNT NOT TO EXCEED $89,210.00 TO FACILITATE AND PREPARE AN UPDATE TO THE CITY'S ECONOMIC DEVELOPMENT STRATEGIC PLAN, AND TO APPROVE A BUDGET ADJUSTMENT 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 approves a contract, a copy of which is attached to this Resolution, with Boyette Strategic Advisors in an amount not to exceed $89,210.00 to facilitate and prepare an update to the City's Economic Development Strategic Plan. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, copy of which is attached to this Resolution. PASSED and APPROVED on 11/3/2015 `,���istt� rarrrrri OA - Attest: " / `� • ``► Sondra E. Smith, City Clerk Treasurer Page I Primed on 11/4/15 City of Fayetteville, Arkansas 113 West Mountain Street y Fayetteville, Ali 72701 (479) 575-8323 Text File File Number: 2013-0493 Agenda Date: 11/3/2015 Version: 1 Status: Passed in Control: City Council Meeting File Type: Resolution Agenda Number: C. 3 BOYETTE STRATEGIC ADVISORS: A RESOLUTION TO APPROVE A CONTRACT WITH BOYETTE STRATEGIC ADVISORS IN AN AMOUNT NOT TO EXCEED $89,210.00 TO FACILITATE AND PREPARE AN UPDATE TO THE CITY'S ECONOMIC DEVELOPMENT STRATEGIC PLAN, AND TO APPROVE A BUDGET ADJUSTMENT 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 approves a contract, a copy of which is attached to this Resolution, with Boyette Strategic Advisors in an amount not to exceed $89,210.00 to facilitate and prepare an update to the City's Economic Development Strategic Plan. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. f. City of FayeHeville, ArkanSas Page 1 Printed on 111412015 City of Fayetteville Staff Review Form 2015-0493 Legiistar File ID 11/3/2015 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Jeremy Pate 9/16/2015 Development Services / Development Services Department Submitted By Submitted Date Division / Department Action Recommendation: A resolution to approve a contract with Boyette Strategic Advisors to perform consulting services in the preparation of an update to the City's Economic Development Strategic Plan, and to approve a budget adjustment. Budget Impact; 1010.6600.5315.00 Account Number 15031-1 Project Number Budgeted Item? No Current Budget Funds Obligated Current Balance Does item have a cost? Yes Budget Adjustment Attached? Yes Item Cost Budget Adjustment Remaining Budget General Fund Fund Contract Services Project Title $ 89,210.00 $ 89,210.00 $ V20140710 Previous Ordinance or Resolution # Original Contract Number: Comments: Approval Date: Nbft CITY OF s . aee�e ARKANSAS MEETING OF NOVEMBER 03, 2015 TO: Mayor Lioneld Jordan Fayetteville City Council THRU: Don Marr, Chief of Staff CITY COUNCIL AGENDA MENTO FROM: Jeremy Pate, Development Services Director-r DATE: September 16, 2015 SUBJECT: Economic Development Strategic Plan RECOMMENDATION: Staff recommends approval of a contract with Boyette Strategic Advisors to facilitate and prepare an update to the City's Economic Development Strategic Plan, as described in the attached scope of services. BACKGROUND: The City's economic development goals, focus areas and target industries are currently driven largely by strategic plan objectives that were created in 2008-2009, when two studies were conducted for Fayetteville related to our economic development strategy. In 2008 Eva Klein & Associates produced a strategic framework commissioned as a joint project between the University and City. This study was conducted on the precipice of the economic recession, and was in direct response. to falling revenue, d evelopmentthou sing issues and a national economy in turmoil. In 2009 Mayor Jordan led a collaborative visioning process facilitated by Bliss Browne of Imagine Chicago called Fayetteville Forward; this process focused on a variety of topics around which the City and volunteers could spur eventual action in target areas such as transportation, local foods, inclusion, a creative economy, public education, a green economy, job growth, and so forth. The Fayetteville Chamber of Commerce was selected by the City Council through a competitive bidding process in 2009 to perform economic development consulting services. The City defined specific focus areas, work tasks and deliverables for the Chamber to achieve as part of the contract using the information gained from the two studies. Those services are still be provided today. DISCUSSION: Recent discussions with Council members, both during economic development updates over the past two years and at City Council input sessions called by the Mayor, indicate there is a desire for the City to update its Strategic Plan as it relates to economic development. The Mayor agrees with this direction, and prepared an RFP calling for proposals to conduct a strategic plan update. After shorilisting and interviewing candidates, the selection committee has recommended Boyette Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701