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HomeMy Public PortalAboutAB 16-187 VCEDC Funding RequestMcCall CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 16-187 Meeting Date August 11, 2016 AGENDA ITEM INFORMATION  SUBJECT: Valley County Economic Development Council (VCEDC) – Regional Economic Development Coordinator Position Funding Request Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager / Originator   Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT: N/A Parks and Recreation    FUNDING SOURCE: N/A Airport      Library    TIMELINE: N/A Information Systems      Grant Coordinator    SUMMARY STATEMENT: Sherry Maupin from the VCEDC will present this request for consideration of the Council. The VCEDC has obtained a grant from the Department of Commerce to fund a Regional Economic Development Coordinator position. The grant provides $27,500 in funding for support of this position. Staff also understands that the County has obligated $15,000 in FY17 to support this position, the McCall Area Chamber has provided $2,500, and $20,000 in funds is available from the ABC Contest. The VCEDC expects that grant funding will be available from Department of Commerce in future years as long as the group is able to continue demonstrating success with its efforts. The committee is also seeking additional commitment in funds (beginning in FY17) to help support this position and/or for other funding needs to support the work of the position. The VCEDC has developed a calculation method based on market value within cities in the county and within Valley County itself to propose the following to each city as a future funding source: Valley County - $10,667.37 (the County has provided $15,000 in FY17) City of McCall - $9,835.08 City of Donnelly - $146.83 City of Cascade - $871.33 Ms. Maupin will present the goals and objectives for this position to the Council and will also speak to the request being made for funding as outlined above. During a previous budget meeting, the Council requested that staff carry forward $8,000 in existing economic development funds to the FY17 budget to match an additional $8,000 providing a total of $16,000 in available economic development funds in FY17. Staff recommends that the Council consider the request from the VCEDC among other economic development opportunities to make a determination for application of funding by the end of this FY. City staff will also provide a recommended use for economic development funds which can be considered among the existing options. Attached are the potential donations and the scope of work.  RECOMMENDED ACTION: For general discussion and direction of the Council. No action necessary.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION