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HomeMy Public PortalAboutAB 14-07 VCEDC Strategic Plan Financial Support McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 14-07 Meeting Date January 9, 2014 AGENDA ITEM INFORMATION Department Approvals Initials Originator SUBJECT: or Supporter Mayor / Council VCEDC Financial Support Request City Manager Clerk Treasurer Supporter Community Development Originator Police Department Public Works Golf Course Parks and Recreation COST IMPACT: $2,500 Airport FUNDING 10-41-150-325 Library SOURCE: Information Systems TIMELINE: n/a Grant Coordinator SUMMARY STATEMENT: The Valley County Economic Development Council (VCEDC) is a regional economic development council that has been working together and includes voting members from the Chamber of Commerce Representative from the Cascade, Donnelly and McCall chamber or business community, city council representative from each of the three incorporated communities: Cascade, Donnelly, McCall, a County Commissioner, representing unincorporated Valley County, and two at-large (non-government) members appointed by the council. The group meets monthly in the different communities to discuss economic development efforts. For example, a sub-committee of the group is holding a new Business Plan contest and another group is working on regional power generation. Mayor Bailey has requested that the McCall City Council provide financial support for the Valley County Economic Development Council, Inc. in the amount of $2,500. The money will support the application for Federal 501(c)(3) tax-exempt organization and miscellaneous administrative expenses to support the economic development organization until sufficient dollars are raised from donations and other funding sources. This expenditure would come from the Council budget for Economic Development Support which has $15,604 for FY14. RECOMMENDED ACTION: Approve $2,500 for administrative support for the Valley County Economic Development Council. RECORD OF COUNCIL ACTION MEETING DATE ACTION