LEGISLATIVE RESEARCH CENTER
File #: 24-1416    Name:
Type: Consent Item Status: Agenda Ready
File created: 10/9/2024 In control: Broken Arrow Economic Development Authority
On agenda: 11/5/2024 Final action:
Title: Acknowledgement of submittal of the September 2024 Broken Arrow Economic Development Corporation's Monthly Report
Attachments: 1. 09.2024 EDC Invoice, 2. EDC September 2024 Report
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Broken Arrow Economic Development Authority

Meeting of: 11-05-2024

 

Title:

title

Acknowledgement of submittal of the September 2024 Broken Arrow Economic Development Corporation’s Monthly Report

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Background:

The Broken Arrow Economic Development Authority contracts with the Broken Arrow Economic Development Corporation in the amount of $425,000.00 annually with the goal to encourage and facilitate economic development within and near the City of Broken Arrow by attracting new industry and commercial businesses to the Broken Arrow area, and to promote the economic health and expansion of existing industry and commercial businesses within the City.  Per the Economic Development Agreement, each month BAEDC shall submit a Monthly Activity Report detailing services and activities that accurately state the progress made in implementing the terms, conditions and scope of work required by the Contract.  Attached is the Monthly Activity Report for September 2024. 

 

Cost:                                                                $35,416.66 per month

Funding Source:                     Fund 887

Requested By:                      Jennifer Rush, Economic Development Manager

Approved By:                      City Manager’s Office

Attachments:                                          BAEDC Monthly Activity Report

 

Recommendation:

recommend

Acknowledge the September 2024 Broken Arrow Economic Development Corporation’s Monthly Report.

end