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113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 190-18
File Number: 2018-0412
CHAMBER OF COMMERCE AMENDMENT NO. 2:
A RESOLUTION TO APPROVE AMENDMENT NO. 2 TO THE CONTRACT WITH THE
FAYETTEVILLE CHAMBER OF COMMERCE FOR AN ADDITIONAL THREE (3) MONTHS OF
ECONOMIC DEVELOPMENT CONSULTING SERVICES IN AN AMOUNT NOT TO EXCEED
$45,000.00
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 approves and authorizes
Mayor Jordan to sign Amendment No. 2 to the contract with the Fayetteville Chamber of Commerce for an
additional three (3) months of economic development consulting services in an amount not to exceed
$45,000.00.
PASSED and APPROVED on 9/4/2018
Attest:
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Sondra E. Smith, City Clerk TreasureT�����Mi�r►rrry
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Page 1 Printed on 915118
_-, City of Fayetteville, Arkansas 113 West Mountain Street
Fayetteville, AR 72701
�i (479) 575-8323
Text File
-- File Number: 2018-0412
Agenda Date: 9/4/2018 Version: 1 Status: Passed
In Control: City Council Meeting File Type: Resolution
Agenda Number: A. 5
CHAMBER OF COMMERCE AMENDMENT NO. 2:
A RESOLUTION TO APPROVE AMENDMENT NO. 2 TO THE CONTRACT WITH THE
FAYETTEVILLE CHAMBER OF COMMERCE FOR AN ADDITIONAL THREE (3) MONTHS OF
ECONOMIC DEVELOPMENT CONSULTING SERVICES IN AN AMOUNT NOT TO EXCEED
$45,000.00
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 approves and authorizes Mayor
Jordan to sign Amendment No. 2 to the contract with the Fayetteville Chamber of Commerce for an additional
three (3) months of economic development consulting services in an amount not to exceed $45,000.00.
City of Fayetteville, Arkansas Page 1 Printed on 915/2018
City of Fayetteville Staff Review Form
2018-0412
Legistar File ID
9/4/2018
City Council Meeting Date - Agenda Item Only
N/A for Non -Agenda Item
Devin Howland 8/14/2018 ECONOMIC DEVELOPMENT (050)
Submitted By Submitted Date
Action Recommendation:
Division / Department
AN AMENDIVIENTTO EXTEND THE ECONOMIC DEVELOPMENT CONSULTING CONTRACT WITH THE FAYETTEVILLE
CHAMBER OF COMMERCE FOR THREE MONTHS.
Budget Impact:
1010.050.0500-5315.00
Account Number
N/A
Project Number
Budgeted Item? Yes Current Budget
Funds Obligated
Current Balance
Does item have a cost? Yes Item Cost
Budget Adjustment Attached? No Budget Adjustment
Purchase Order Number:
Change Order Number:
Original Contract Number:
Comments:
2016-0679
2
2016-0011
Remaining Budget
General Fund
Fund
N/A
Project Title
$ 541,500.00
$ 202,500.00
$ 339,000.00
$ 45,000.00
$ 294,000.00
Previous Ordinance or Resolution # 185-16
Approval Date:
V20180321
CITY OF
FAYETTEVILLE
ARKANSAS
MEETING OF SEPTEMBER 4, 2018
TO: Mayor and City Council
THRU: Don Marr, Chief of Staff
FROM: Devin Howland, Director of Economic Vitality
DATE: August 2, 2018
CITY COUNCIL MEMO
SUBJECT: AN AMENDMENT TO EXTEND THE ECONOMIC DEVELOPMENT
CONSULTING CONTRACT WITH THE FAYETTEVILLE CHAMBER OF COMMERCE FOR
THREE MONTHS
RECOMMENDATION:
Staff is recommending approval of the attached contract extension for the Fayetteville Chamber
of Commerce.
BACKGROUND:
In October of 2016, the Fayetteville City Council authorized an economic development
consulting contract with the Fayetteville Chamber of Commerce which is set to expire on
September 30, 2018. This has placed the contract's cycle on an October to September year,
rather than a calendar year. The contract allows for the option of extending services for three (3)
additional two (2) year periods. This amendment would impact all future contract extensions.
DISCUSSION:
The three-month extension being proposed would align the contract with the City's budget cycle,
aligning the contracts performance metrics with the Department of Economic Vitality's
performance metrics. Furthermore, the extension would enable the economic development
updates to align with the calendar year beginning in 2019, providing a mid -year update and end
of year update to the City Council.
BUDGET/STAFF IMPACT:
The amendment has no impact to the Department of Economic Vitality's budget.
Attachments:
Fayetteville Chamber of Commerce Contract Amendment
Startup Junkie Consulting Contract Amendment
Mailing Address:
113 W. Mountain Street www.fayetteville-ar.gov
Fayetteville, AR 72701
AMENDMENT NO.2 TO THE CONTRACT FOR
ECONOMIC DEVELOPMENT CONSULTING SERVICES
BETWEEN
THE CITY OF FAYETTEVILLE, ARKANSAS
AND
THE FAYETTEVILLE CHAMBER OF COMMERCE
WHEREAS, on October 4, 2016, the City of Fayetteville, Arkansas ("City") and the Fayetteville
Chamber of Commerce ("Chamber") entered into a contract for Economic Development
Consulting Services (the "Contract") to be provided through September 30, 2018, and;
WHEREAS, on December 21, 2017, the parties executed Amendment No. 1 to the Contract
revising the scope of services; and
WHEREAS, the parties desire to extend the amended Contract by three months to allow future
contract terms to match the City's fiscal year.
NOW, THEREFORE, BE IT KNOWN TO ALL:
That the City and the Chamber, on this day of 2018, hereby agree:
A. That the Contract for Economic Development Consulting Services dated October
4, 2016, as amended on December 21, 2017, is hereby extended by an additional three months and
shall now expire on December 31, 2018.
B. That the City will pay the amount of $45,000.00 for the extension period.
C. This amendment does not alter, amend or abridge any of the rights, obligations, or
duties of the parties not expressly addressed herein.
IN WITNESS WHEREOF, the parties hereto have caused their signatures to be set by
their authorized representative effective the date set forth herein above.
FAYETT 4 I E CHAMBER OF COMMERCE
QBy: �� Date:
J. t en CIA, President and CEO
Witness: Date: g �' t e
CITY OF R9YETT4WILLE, ARKANSAS
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ATTEST:
6,04djw . Dater q 4 -
Sondra E. Smith, City Clerk -Treasurer
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AMENDMENT NO 1 TO THE CONTRACT FOR
ECONOMIC DEVELOPMENT CONSULTING SERVICES
BETWEEN
THE CITY OF FAYETTEVILLE, ARKANSAS
AND
THE FAYETTEVILLE CHAMBER OF COMMERCE
WHEREAS, on October 4, 2016, the City of Fayetteville, Arkansas ("City") and the Fayetteville
Chamber of Commerce ("Chamber") entered into a contract for Economic Development
Consulting Services (the "Contract") to be provided through September 30, 2018, and;
WHEREAS, the parties desire to amend this agreement as set forth below.
NOW, THEREFORE, BE IT KNOWN TO ALL:
That the City and the Chamber, on this A day ofa�r, 2017, hereby agree:
A. That the Schedule of Deliverables and Performance Measures referenced in Section
3(a) and the third bulleted paragraph of Section 4 of the original Contract shall be replaced by the
Revised Schedule of Deliverables and Performance Measures attached to this Amendment as
"Exhibit A" and incorporated herein.
B. The parties agree and understand that this Amendment is supplemental to their
Contract for Economic Development Consulting Services dated October 4, 2016, and that it does
not alter, amend or abridge any of the rights, obligations, or duties of the parties not expressly
addressed herein.
IN WITNESS WHEREOF, the parties hereto have caused their signatures to be set by
their authorized representative effective the date set forth herein above.
FA
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J.
OF COMMERCE
President and CEO
Date:
Witness: Date: 1 3�ll
CITY OF FAYETTEVILLE, ARKANSAS
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By
ALion"eldJord aydr
ATTEST:
Date:
j Sondra E. Smith, City, CIerk-Treasurer
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CONTRACT FOR
ECONOMIC DEVELOPMENT CONSULTING SERVICES
BETWEEN
THE CITY OF FAYETTEVILLE, ARKANSAS
AND
THE FAYETTEVILLE CHAMBER OF COMMERCE
WHEREAS, the City of Fayetteville, Arkansas wishes to contract for Economic Development
Consulting Services, and;
WHEREAS, the Fayetteville, Arkansas Chamber of Commerce wishes to provide certain
Economic Development Consulting Services to the City of Fayetteville, Arkansas, and;
WHEREAS, the Fayetteville, Arkansas Chamber of Commerce has been selected to perform
Economic Development Consulting Services for the City of Fayetteville utilizing the competitive
Request for Proposal selection process (via RFP 16-05, Economic Development Consulting
Services — Business Retention and Expansion), and;
WHEREAS, the City Council of Fayetteville; Arkansas has approved a contract for Economic
Development Consulting Services with the Fayetteville; Arkansas Chamber of Commerce,
NOW THEREFORE:
In consideration of the mutual promises contained in this Agreement and other good and
valuable consideration,
1: Agreement is made this !} 'Nay of Q Q 1 2016 by and between the City of
Fayetteville, Arkansas located at 113 W, Mountain, Fayetteville, Arkansas 72701 and the
Fayetteville, Arkansas Chamber of Commerce located at 21 West Mountain Street, Suite
300, Fayetteville, Arkansas 72701. Term: This Agreement shall be for a two year period,
for a term ending September 30, 2018. This contract may be canceled by either party
with thirty days written notice.
2. Renewals:_ This agreement may only be renewed by approval of the City Council and
with mutual agreement of the Chamber of Commerce. The City may exercise an option
to renew the contract for three (3) additional two (2) year terms with approval of both
parties.
3. Attachments: The Contract documents which comprise the contract between the City
of Fayetteville and the Fayetteville Chamber of Commerce consist of this Contract and
the following documents attached hereto, and made a part hereof:
Economic Development Consulting Services Contract
Page 1 of 4
a.) Exhibit A - Schedule Detail for Deliverables and Performance Measures
* The City of Fayetteville shall coordinate with the Fayetteville Chamber of Commerce
for modifications to this schedule. Any modifications to Exhibit A shall not reduce the
quality or quantity of the services to be provided pursuant to this, contract, as
determined by the Mayor or his/her designee. Any modifications shall be agreed upon
by both the City and Fayetteville Chamber of Commerce; however, any changes
affecting price shall have prior approval by the Fayetteville City Council. In the event
Exhibit A is revised and price is not modified, such revised document shall be provided
to the City Council at the next regularly scheduled update.
4. Services to be Provided: During the terms of this Agreement, the
Fayetteville Chamber of Commerce shall;
• Serve as the first point of contact as the City's contractor for Business Retention and
Expansion services for economic development as defined in the Fayetteville First
Economic Development Strategic Plan and maintain good relations with the
Arkansas Economic Development Commission and other economic development
partners locally, nationally and internationally;
• Maintain clear and open communication with the City on all economic. development
services and activities provided under the scope of this contract; and clearly
articulate when communicating on behalf of the Chamber of Commerce versus City -
contracted initiatives to create clear accountability;
• Provide all deliverables and performance measures outlined in the attached Exhibit
A
5. Fees and Expenses: The City of Fayetteville agrees the consulting fee shall be paid
upon invoice as follows:
Consultation Services shall be invoiced for each quarter in the amount of $.45,000 per
quarter. Total fees for consultation services shall not exceed $360,000, from the date of
contract. The Fayetteville Chamber of Commerce shall track, log and report hours and
expenses directly related to this Agreement along with invoice for payment for each
month. Invoices shall be itemized.
6. Notices: Any notice required to be given under this Agreement to either party to the
other shall be sufficient if addressed and mailed, certified mail, postage paid, delivery,
fax (receipt confirmed), or overnight courier.
7. Ap lip mole Law: This Agreement shall be governed by and construed in accord with the
laws of the State of Arkansas.
8. Entire Agreement: This Agreement sets forth the entire agreement and
understanding between the parties on the subject matter of this Agreement. Neither
party shall be bound by any conditions, definitions, representations or warranties with
Economic Development Consulting Services Contract
Page 2 of 4
respect to the subject matter of this Agreement other than those as expressly provided
herein.
Amendments and Waivers: Changes, modifications, or amendments in cost or fees to
this contract shall not be allowed without a prior formal contract amendment approved
by the Mayor and the City Council in advance of the change in cost or fees. No
modification of this Agreement shall be binding unless made in writing and executed by
both parties. No waiver by either party or any breach or obligation of the other party
under this Agreement shall constitute a waiver of any other prior or subsequent breach
or obligation.
10. Performance Measyres: The Fayetteville Chamber of Commerce shall provide the
deliverables as outlined in the attached Exhibit A, which serves to implement the
adopted Fayetteville First Economic Development Strategic Plan. Performance measures
are included for each item and will be used to evaluate the work performed throughout
the entire term of the contract.
11. Contract Administration: The Mayor or his/her Designated Representative shall be
the Contract Administrator for this contract. The Fayetteville Chamber of Commerce
President and CEO or his/her Designated Representative shall be the primary contact for
all matters pertaining to this contract. While it is understood that many facts pertaining
to projects must be held in the strictest confidence, the Fayetteville Chamber of
Commerce President and CEO will insure that the Mayor is kept abreast of details and
progress made pertaining to Economic Development prospects considering development
in Fayetteville to the greatest extent possible.
12. Freedom of Information Act-, City contracts and documents prepared while
performing city contractual work are subject to the Arkansas Freedom of Information
Act. If a Freedom of Information Act request is presented to the City of Fayetteville, the
Fayetteville Chamber of Commerce will do everything possible to provide the
documents in a prompt and timely manner as prescribed in the Arkansas Freedom of
Information Act (A.C.A. §25-19-101 et, seq.), exempting those records that, "if disclosed
would give advantage to competitors or bidders," as described in Section (b)(9)(A) Only
legally authorized photocopying costs pursuant to the FOIA may be assessed for this
compliance.
Economic Development Consulting Services Contract
Page 3 of 4
IN WITNESS WHEREOF, the parties have executed this Agreement.
Fayetteville Chamber of Commerce
By. f. Date: _. L . .
a
J. Stee t Clark, PrAident and CEO
Witness:
The City of�0yetteviIle, Arkansas
Id Jorda
Attest:
Sondra E. Smith; City Clerk/Treasurer
Economio .Development Consulting Services Contract
Pate 4 of'4
Date: 10 ` � _ E Lo
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Exhibit "A"
Contract for Economic Development Services -
Business Retention and Expansion
REVISED Schedule of Deliverables and Performance Measures
As outlined herein, the Chamber of Commerce shall provide the following services, more
generally referred to as Business Retention and Expansion or BR&E services:
One. Create a robust retention and expansion program for the business community, with
a more focused strategy for the target sectors of legacy industry, regional
headquarters and startup/entrepreneurial businesses;
Two. Determine property availability, data and building needs for targeted business
sectors;
Three. Develop a focused retail development strategy based on a thorough inventory and
analysis of the city's existing retail base and gaps;
Four. Coordinate with NWA Council and others to ensure workforce and training needs
can be met, with a thorough understanding of existing and future industry and
targeted sector needs; coordinate with area educational providers and business
sectors to ensure appropriate skilled trade programs and training are available;
Five. Support programs and initiatives that improve the outstanding lifestyle quality in
Fayetteville. Promote, foster, and seek development opportunities that help create
an environment and amenities that attract the new millennial worker and/or
business owners.
Six. Collaborate with the City for communication with the public
Seven. Report Outcomes
One: Create a robust business retention and expansion (BR&E) program
1. At a minimum the following deliverables shall be included for each of the action items
identified in the BR&E program:
a. Goals for the number of businesses to be visited each year within the identified
business sectors, coordinating closely with the Northwest Arkansas Council so as
to not duplicate regional economic development services and business visits
related to employer retention and expansion, workforce development and
education efforts. The city expects at least 100 businesses to be visited annually
through the contract period, based on employment numbers, sales impact,
relationship to target sectors, or other criteria. Annually,
b. The development of a survey or questionnaire to be used during interviews with
existing businesses with results tabulated in a regularly updated and shared
reporting document
c. The development of a process for addressing any business needs or challenges
that were identified during the visit and survey;
d. Use of a shared spreadsheet for timely tracking of visits, employer input,
business challenges or needs, and other data identified as needed for tracking
purposes;
e. A summary report of the accomplishments of the program that year, including
the information above, as well as the number of new expansion projects, jobs
created or saved, average wages (when disclosed) and investment related to the
program(s);
f. Demonstrate efforts to acquire and track the following:
i. An increased number of net new businesses established in the city over
time;
ii. An increase in annual sales from businesses located in the city over time;
iii. An increase in the percentage of residents employed overtime;
iv. An increase in the number of net new jobs overtime;
v. A decrease in the unemployment rate of residents overtime;
vi. Various business sector employee wages, and how they increase or
decrease as jobs are gained/lost.
vii. An increase in the number of inquiries from prospective companies over
time; and
viii. An increase in net new retail and accommodation establishments over
time.
2. Legacy Industry: Develop and maintain an up-to-date directory of legacy industries
(including but not limited to manufacturers) within the City. Develop a BR&E program
with questions and data designed to meet this business sector's needs, exploring
questions related to facility retention and expansion, new equipment investment,
workforce attraction and training, and physical infrastructure needs such as rail,
broadband, transportation or utilities.
3. Regional Headquarters: Develop and maintain an up-to-date directory of businesses
headquartered in Fayetteville, whether they maintain a home office or a regional
headquarters within the City. Develop a questionnaire to explore the corporate services
sector, including healthcare, to develop good working relationships with local
management teams and to identify and establish relationships with parent
headquarters outside of Fayetteville when deemed valuable.
4. Start-up/Entrepreneurial Businesses: Work in partnership with the City's
Entrepreneurship and Innovation contractor to develop a BR&E program for
interviewing and gathering data for the start-up/entrepreneurial business sector.
Customize questions to understand how the City can best support the creation and
sustaining of start-up companies created in Fayetteville, coordinating closely with other
City -initiated entrepreneurial efforts. Support the advertising of appropriate seminars
or training for Fayetteville or NWA in coordination with other City -initiated
entrepreneurial efforts.
Two: Assess and meet Property, building and data needs of targeted business sectors
Fayetteville First identifies five targeted business sectors: Corporate Services, Entrepreneurs
and Innovators, Legacy Manufactures, Retail and Specialized Technologies. Each of these target
sectors will have varying needs, and some will have similarities.
1. Determine available properties. Create a comprehensive inventory of all sites and
buildings that are available for potential development and ensure that the AEDC sites
and buildings database are kept updated accordingly.
2. Assess site and building needs of targeted business sectors. Assess the potential site,
building, and data needs of each of the targeted sectors, determine the need to identify
additional sites and encourage the development of appropriate property in the future.
Consideration must be given to match a company's requirements to the types of service
available, which shall be assessed using measurable criteria through the BR&E surveys.
Three: Develop a focused retail development strate
1. Conduct a thorough inventory and analysis of Fayetteville's existing retail base and gaps.
Working with the Northwest Arkansas Council and/or others, identify and inventory the
existing retail base and gaps in the city.
2. Examine local and regional demographic and retail trends. Demonstrate a clear
understanding of the demographics of the city and region (to include Fort Smith as well
as Northwest Arkansas), evaluating typical factors considered by the retail sector in its
location decisions, which often include population, population growth, educational
attainment and income. A retail infographic deliverable, coordinated with the City's
Communications and Marketing team, shall reflect the results of this analysis and be
used to market Fayetteville and the region to potential retailers and retail developers,
with the goal of filling identified gaps.
Identify potential commercial properties. Identify potential commercial properties, large
to small, to be mapped and marketed to potential retailers and retail developers, where
appropriate as identified through the retail analysis. Potential redevelopment sites that
may be appropriate for retail shall also be identified and catalogued, particularly in
targeted redevelopment areas identified by the City.
4. Identify potential retail targets. Based on the outcome of the retail base and gap
analysis, as well as the commercial property inventory, identify potential specialty
retailers to focus marketing efforts.
S. Attend the designated International Council of Shopping Centers (ICSC) national and/or
Regional conventions and participate with the City of Fayetteville representatives and
regional economic development efforts at the National and Regional ICSC Show.
Coordinate with the Mayor's designated staff to determine who should attend the ICSC
convention or an applicable regional event, arrange for interviews, and coordinate with
the City's Marketing and Communications team to provide marketing or information
materials.
Four: Ensure Workforce and Training needs can be met
1. Understand existing industry and targeted business sector needs. Review and participate
in workforce analysis studies conducting for the region to gain an understanding of the
workforce availability related to the occupations required of the targeted business
sectors, potentially partnering with the NWA Council on this initiative.
2. Research and conduct a survey of regional higher educational institutions. Develop an
understanding of enrollment, degrees offered and graduates of regional institutions of
higher education that may serve Fayetteville.
3. Convene regional educational leadership. Coordinate with the Northwest Arkansas
Council to participate in discussions with local institutions of higher education, public
school career and technical education program leaders, as well as local industry and
targeted sectors, and determine whether the workforce and training needs of the
identified target markets can be met. Work with these institutions to expand skilled
trade programs and training, and determine possible new program development in the
future to meet the needs of the targeted business sectors and existing business and
industry. Once established, create and measure performance standards to fill gaps in
the workforce and training needed.
Five: Support initiatives and programs that continue to improve the outstanding Lifestyle
gualit, i�ayetteville
1. Explore redevelopment opportunities. During the stakeholder engagement process,
many mentioned that they would like to see redevelopment along 71B (College Avenue
and South School Avenue). In line with the CityPlan 2030 goals to prioritize infill over
sprawl, to accommodate growth, and to bring more people to live, shop and play along
Fayetteville's original Main Street, redevelopment of 71B is important for the city and
should include improvement in walkability, new retail, residential and business
development. Initiate a process to create immediate, short- and long-term priorities to
explore and encourage redevelopment opportunities along 7113, as well as other areas
of the city that should be identified as priorities for redevelopment.
2. Attract and retain the workforce of today and tomorrow. With the presence of the U of
A and the lifestyle quality -the city offers, Fayetteville should be a prime location for the
millennial population, as well as the future Generation Z, and attracting and retaining
that population must be a focus related to talent. Maintaining and enhancing an
authentic culture for its residents and student population to remain in the city requires
coordination in many of the identified focus areas. Walkable neighborhoods with
commercial areas, including urban mixed-use developments, diversity, transportation
alternatives and amenities like arts, culture and restaurant choices appear in numerous
studies identifying where millennials want to be. Care for the environment and the
desire to live in communities that practice sustainable development are also prevalent.
The Chamber of Commerce will collaborate with and support the City and other City -led
entrepreneurial efforts in the creation of a millennial advisory panel that can
recommend policies, education and development practices that provide the best quality
of life amenities and environment for this diverse population.
3. Promote, foster, and seek development opportunities that help create an environment
and amenities that attract the new millennial worker and/or business owners. Work
with the development community and City to explore initiatives meeting these stated
goals.
Six; Collaborate with the City for Communication with the Public
1. The City's Economic Development web site will be used to communicate the
implementation of the Fayetteville First plan, using the City's branding and marketing.
All communication and engagement with the business community via surveys and
questionnaires will be done from a link within the City's Economic Development web
site pages and will be promoted on the City's social media channels via coordination
with the City's Communications and Marketing Team. All performance measures and
reports will be updated on a regular basis via the City's web site. The Chamber of
Commerce will work with the City's Communications and Marketing Team to ensure
that the deliverables from this contract remain up to date on the City's Economic
Development web site. Responses to requests for information and updates shall be
timely and within reason.
2. Communications from the Chamber of Commerce related to economic development
initiatives within the scope of this contract, major decisions and/or development
matters, and public -facing activities should be coordinated with the Mayor's office or his
assigned staff. This includes statements at City Council meetings, Agenda Sessions,
public presentations, press conferences, etc.
Seven: Reports and Presentations
1. Reporting results and milestones will be done as deliverables are met in the
implementation of the Fayetteville First Economic Development Strategic Plan and will
be formatted to fit within the City's Economic Development branding on the city web
site. The City's internal Economic Development team will meet regularly with the
Chamber of Commerce (at a minimum on a monthly basis) to discuss the status of
deliverables. The Mayor and/or City Council may request periodic updates and public
engagement for citizens to be kept informed of the city's economic development goals.
The Fayetteville Chamber of Commerce will be expected to attend quarterly
"collaboration meetings" with the City of Fayetteville and Entrepreneurship and
Innovation contractor. The Fayetteville Chamber of Commerce will attend weekly
conference calls with the Director of Economic Vitality.
2. The Chamber of Commerce shall provide written reports and prepare a brief
presentation to the Mayor and City Council on at least a bi-annual basis. Reports and
presentations should outline the tasks accomplished, outcomes achieved and include
statistics for each performance measure outlined herein.
3. A schedule for completion of outlined performance measures and a monthly status
report shall be submitted for each month of the contract, delivered during regular
monthly meetings with the City's internal team.
6