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HomeMy WebLinkAboutEconomic Development Agreement with Virtus Enterprises for Economic Development Coordination (2)ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC THIS AGREEMENT, effective the~~ay of~ , ~ 200$, by and between the CITY of Meridian, a municipal corporation organized under the laws of the State of Tdaho, hereinafter referred to as "CITY", 33 East Idaho Avenue, Meridian, Idaho 83642, and VIRTUS Enterprises LLC doing business and hereinafter referred to as "VIRTUS", 2043 E. Redwick, Meridian, Idaho $3642, a limited liability corporation organized under the laws of the State of Idaho. Scope of Services: VIRTUS has designated a primary team to serve the needs of this Agreement. That team is identified as: Phil Stiffler, Sr. -Project Tearn Leader Josh Grant -Project Execution Specialist Phil Stiffler, Jr. -Founder and CEO, VIRTUS Enterprises, LLC Other team members shall be assigned as necessary to assist in execution support, tracking, marketing support, and communications as required. The team shall be the CITY's contact and shall be accountable to the City and the conditions of this Agreement, with primary communication responsibility falling on the Project Team Leader. Any changes to the Project Team Leader shall require the Mayor and Council consent. The CITY is aware and does contemplate that VIRTUS will hire other personnel and contract with other resources to serve the needs of this Agreement. Those decisions shall remain within the discretion of VIRTUS. VIRTUS shall perform all services, made a part of this Agreement and may receive additional duties as assigned that are consistent with the intent and objectives of this agreement. If VIRTUS believes the additional duties are outside the scope of the Agreement they must raise that issue to tlxe Mayor as soon as reasonably passible. VIRTUS shall act under the direction and at the pleasure of the Mayor and CITY Council. They shall be responsible for coordination of the CITY's economic development strategy, which includes downtown economic development in cooperation with the Meridian Development Corporation (MDC) (as it relates to commercial and industrial development). VIRTUS's work is characterized by duties associated with planning, developing, managing, and completing economic development projects and programs; coordinating with business and development interests; and partnering with the business community for funding on specific projects. They will act as liaison with CITY departments and officials; and represent the CITY where appropriate in ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC - rncr 1 of 10 economic development meetings. The Mayor will provide VIRTUS with assignments in terms of broad practice, precedents, policies, and goals. Work may be reviewed by the Mayor and/or City Council for fulfillment of program objectives and conformance with City policy and practice. The focus of the Economic Development Coordinator shall be around five (5) primary areas that have been developed over the last year incorporated by reference and attached to this Agreement: + Business Enterprise Corridors • Engagements with Existing and Emerging Meridian Businesses • Positioning for Sustainable Economic Base • Target Marketing to Attract New Value-Added Business • Tracking Data/Information The general nature of the work involved as the Economic Development Coordinator shall include, but are not limited to the following areas: weekly business visits if that can be accommodated with the Mayor's schedule, coordinating the maintenance of a website, working on the development of the marketing materials and the continued efforts with the Medical/Health Sciences corridor. ;respond to business inquiries, Economic Development partners, developers and their projects; the South Meridian and Ten Mile planning activities as they relate to Economic Development and the necessary follow-up. VIRTUS will coordinate, when appropriate, with other CITY departments such as Building, Planning and Zoning, and the City Attorney's office. Additionally VIRTUS will coordinate, when appropriate, with the Meridian Chamber of Commerce or the Boise Valley Economic Partnership. VIRTUS agrees to, and does hereby grant the CITY the rights to reproduce use and disclose for CITY purposes, all or any part of the reports, data, technical information and client information furnished to the Cl'1'Y under this contract. All information received by VIRTUS, during the course of this Agreement or the preceding Agreement between VIRTUS and the CITY shall be the intellectual property of the CITY, however obtained, and in whatever format obtained, shall be the property of the CITY. To the extent permitted by Idaho law, such information shall be confidential and therefore shall not be disclosed to third parties unless permission is first obtained from the Mayor. Upon termination of services provided under this agreement, VIRTUS shall promptly deliver all materials and equipment received by VIRTUS to the CITY. VIRTUS shall not retain any such materials or information in any farm unless VIRTUS has received written permission from the CITY. Nothing herein shall be construed to violate ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC - rAOr 2 uF 10 the Idaho Public Records Act. VIRTUS retains all rights to proprietary information received due to their existing relationship with AspireOn, Inc., Meridian Development Corporation (MDC), or other contracted partners. VIRTUS shall retain exclusive right to that information. This Agreement does not prohibit VIRTUS from engaging in other business agreements with other public ar private entiities for matters unrelated to Economic Development. The City reserves the right to limit or exclude VIRTUS from entering into other Economic Development agreements during the term of this Agreement with other public entities. An agreement with the MDC is exempt from this prohibition. This Agreement in no way limits or prohibits the right. of Virtus to contract with and perform Virtus services (other than Outsourced Economic Development functions) for entities in the Treasure Valley, even if Virtus is required to have contact and interaction with said entities as part of performing the duties outlined herein. VIRTUS may act as the spokesperson for the CITY in furtherance of this Agreement, but shall coordinate that effort with the Mayor's office. The CITY shall reserve the right to be the lead and spokesperson on any CITY related matter. Furthermore, the CITY shall approve and may provide the letterhead and business cards necessary for the furtherance of this Agreement to VIRTUS. If the City provides the business cards and letterhead it shall be at the CITY's expense. 2. Time of Performance: This agreement shall become effective upon execution by both parties, and shall expire on September 30, 2008 unless earlier terminated or extended. 3. Indemnification and Insurance: VIRTUS shall indemnify and save and hold harmless CITY from and far any and all losses, claims, actions, judgments for damages, or injury to persons or property and losses and expenses caused or incurred by VIRTUS, its servants, agents, employees, guests, and business invitees, and not caused by or arising out of the tortious conduct of CITY ar its employees. VIRTUS will provide services to the CITY and shall be liable for all acts of their employees while upon the premises of the CITY. Additionally, VIRTUS shall maintain Workers Compensation Insurance, in the statutory limits as required bylaw. VIRTUS shall provide the CITY with a Certificate of Insurance, or other proof of insurance evidencing VIRTUS's compliance with the requirements of this paragraph and file such proof of insurance with the CITY. In the event the insurance minimums are changed, VIRTUS shall immediately submit proof of compliance with the changed limits. Evidence of all insurance shall be submitted to the CITY Clerk with a copy to Meridian CITY Accounting, 33 East Idaho Avenue, Meridian, Idalio 83642. The CITY will further indemnify VIRTUS for any losses, claims, actions, or acts by the CITY, its agents or employees, taken in furtherance or related to the information provided from ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT B1;TWEEN TIIE CITY OP MERIDIAN AND VIRTUS ENTERPRISES, LLC - rAGE 3 of 10 VIRTUS. VIRTUS shall not be liable to the CITY and the CITY shall hold VIRTUS harmless for acts or omissions related to Economic Development efforts done prior to the effective date of this Agreement. 4. Independent Contractor: In all matters pertaining to this agreement, VIRTUS shall be acting as an independent contractor, and neither VIRTUS nor any officer, employee or agent of VIRTUS will be deemed an employee of CITY. VIRTUS shall maintain offices separate from the CITY. VIRTUS may have access and use of CITY conference rooms for meetings in furtherance of this Agreement. Any contacts that originate with the CITY in regards to Economic Development will be transmitted and communicated to VIRTUS in the most efficient and expeditious manner. 5. Reporting Relationships: VIRTUS shall be compensated far their consulting services pursuant to and specified in attached Exhibit "A." For the purposes of contact for compliance with this Agreement. VIRTUS m.ay deal exclusively wi.th~ Mayor Tammy DeWeerd City of Meridian 33 E. Idaho Meridian, ID 83642 At the Mayor's direction any information maybe simultaneously transmitted to the Mayor's staff. 6. Reporting: VIRTUS agrees to prepare and furnish a monthly activity report for payment of services by the CITY. The report shall consist of information that can be disseminated to the public and show the progress towards each of the five (5) primary areas described in paragraph 1. The first report shall be due at the end of 7anuary, 2007 and at the end of each subsequent month thereafter. VIRTUS further agrees to meet, at a minimum of, every other week with the Mayor to discuss progress and activities perfurtned. Iti general the status report far this meeting will include details regarding: contacts made; inquiries regarding -new or expanding business, fielding of the original call, number of calls to collect information, material/packet sent, follow-up on status, etc. VIRTUS further agrees to provide a quarterly summary presentation. to the City Council in a public meeting of progress and accomplishments related to the fulfillment of the terms of this Agreement. ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC -PAGE 4 OF I O Compensation: VIRTUS will receive a retainer of $7650.00 per calendar month far all services within the Scope of Services and accompanying attachments and incorporated herein by reference. If expectations are not being met by either party then the parties may Meet and Confer as contemplated by this Agreement. VIRTUS shall be responsible to provide a summary activity report of services provided an a monthly basis as described in paragraph 6. VIRTUS will be paid monthly. If this Agreement is entered into or terminated within a calendar month VIRTUS shall be entitled to a pro-rated portion of payment for that month. It is contemplated by the parties that VIRTUS may incur necessary expenses in the performance of their duties under the terms of this agreement. It is agreed upon by the parties that such day-to-day expenses include, but are not limited to, office supplies, general copying, and postage; business related types of expenses are included in the monthly retainer. The CITY will reimburse for previously authorized color copying and mailing of marketing materials. The CITY may also consider reimbursement for extraordinary expenses. This shall include but is not limited to large scale copying for mass mailings, development and printing of new marketing materials, conducting large scale seminars or workshops, travel outside of Ada or Canyon County for activities of such magnitude that they could not have been included in this Scope, but further the Economic Development intent of this Agreement. Any such request for reimbursement of extraordinary expenses, including but not limited to travel outside of Ada or Canyon County, and the associated registrations, fees, or costs of attending seminars, institutes, or conferences shall be brought separately for consideration before the City Council for specific authorization prior to incurring the expense. All appropriate receipts must be provided for reimbursement after approval. S. Notices: A~xy and all notices required tv be given by either of the parties hereto, unless otherwise stated in this agreement, shall be in writing and be deemed communicated when mailed in the United States mail, addressed as follows: City of Meridian 33 E. Idaho Avenue Meridian, Idaho 83642 ATTN: MAYOR'S OFFICE VIRTUS 2043 E. Redwick Meridian, Idaho 83642 ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC - PnGE 5 of I O Either party may change their address for the purpose of this paragraph by giving written notice of such change to the other in the manner herein provided. 9. Attorney Fees: Should any litigation be commenced between the parties hereto concerning this Agreement, the prevailing party shall be entitled, in addition to any other relief as maybe granted, to court costs and reasonable attorneys' fees as determined by a Court of competent jurisdiction. This provision shall be deemed to be a separate contract between the parties and shall survive any default, termination or forfeiture of this Agreement. 10. Time is of the Essence: The parties hereto acknowledge and agree that time is strictly of the essence with respect to each and every term, condition and provision hereof, and that the failure to tirncly pcrforrn any of the obligations hereunder shall constitute a breach of, and a default under, this Agreement by the party so failing to perform. 11. Assignment: It is expressly agreed and understood by the parties hereto, that VIRTUS shall not have the right to assign, transfer, hypothecate or sell any of its rights under this Agreement except upon the prior express written consent of CITY. 12. Discrimination Prohibited: In performing the Services required herein, VIRTUS shall not discriminate against any person on the basis ofrace, color, religion, sex, national origin or auzcestry, age or disability. 13. Reports and Information: At such times and in such forms as the CITY may require, there shall be furnished to the CITY such statements, records, reports, data and information as the CITY may request pertaining to matters covered by this Agreement. 14. Audits and Inspections: At any time during normal business hours and as often as the CITY may deem necessary, there shall be made available to the CITY for examination all of VIRTUS'S records with respect to all matters covered by this Agreement. VIRTUS shall permit the CITY to audit, examine, and make excerpts or transcripts from such records and to make audits of all contracts, invoices, materials, and other data relating to all matters covered by this Agreement. 1 S. Publication, Reproduction and Use of Material: The CITY shall have unrestricted authority to publish, disclose and otherwise use, in while ~r in part, any reports, data or other materials prepared under this Agreement that are property of the CITY. VIRTUS does use material prepared and copyrighted for ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC -PAGE 6 GF 1 O their use in furtherance of this Agreement and contain proprietary information that derives separate individual economic value to VIRTUS. Those documents may not be reproduced without the express written consent of VIRTUS. Documents that are restricted by this condition must be clearly marked and identified by VIRTUS to claim this exclusion. Said proprietary materials shall remain the property of VIRTUS and utilization of such proprietary materials by the CITY outside of this Agreement or ongoing beyond the term of this Agreement would require a separate licensing agreement to be entered into by the parties. 16. Compliance with Laws: In performing the scope of services required hereunder, VIRTUS shall comply with all applicable laws, ordinances, and codes of Federal, State, and local governments. 17. Changes: The CITY may, from time to time, request changes in the Scope of Services to be performed hereunder- Such changes, including any increase or decrease in the amount of VIRTUS' S compensation, which are mutually agreed upon by and between the CITY and VIRTUS, shall be incorporated in written amendments to this Agreement. 18. Renewal: No less than one hundred and twenty (120) days prior to the end of this Agreement VIRTUS may notify the CITY of their desire to enter into a new agreement with the CITY. Failing to do so is not a bar to a new agreement, but maybe considered by the CITY in their decision. The CITY may request information regarding any requested changes to the proposed Agreement upon renewal including but not limited to Scope of Work and Compensation. The Notice of desire to enter into a new agreement and the CITY's request for information regarding changes to the agreement does not bind either party to a final agreement. It is contemplated by both parties to this Agreement that the intent of the Notice and Request are merely for exploratory purposes and both parties will have to enter into formal negotiations and consensus prior to the entering into a new Agreement. 19. Termination: For Cause: If, through any cause, VIRTUS, its officers, employees, or agents fai15 to full 11 ixx a timely and pruper manner its ubligatiun5 under this Agreement, violates any of the covenants, agreements, or stipulations of this Agreement, falsifies any record or document required to be prepared under this agreement, engages in fraud, dishonesty, or any other act of misconduct in the performance of this contract, the CITY may immediately terminate this agreement with notice to VIRTUS. An accounting pursuant to this agreement can then occur to assure that proper payments or credits are accomplished. ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC - rnGE 7 or 10 Without Cause: If the Mayor and the City Council determine that terrninatian of this Agreement is in the best interest of CITY, the CITY shall thereupon have the right to terminate this Agreement by giving written notice to VIRTUS of such termination and specifying the effective date thereof at least thirty (30) days before the effective date of such termination. The City Council may also unanimously, without the consent of the Mayor, terminate this agreement without cause subject these provisions. VIRTUS may also terminate this agreement at any time by giving at least thirty (30) days notice to CITY. If the termination is within a calendar month the period of time shall extend to the end of the month beyond the thirty days. In the event of any termination of this Agreement, all finished or unfinished documents, data, and reports prepared by VIRTUS under this Agreement shall, at the option of the CITY, become the CITY's property, and VIRTUS shall be entitled to receive just and equitable compensation for any work satisfactorily complete hereunder. This shall include apro-rated portion of the contract to the end of the termination period. Notwithstanding the above, VIRTUS shall not be relieved of liability to the CITY for damages sustained by the CITY by virtue of any breach of this Agreement by VIRTUS, and the CITY may withhold any payments to VIRTUS for the purposes of set-off until such time as the exact amount of damages due the CITY from VIRTUS is determined. This provision shall survive the termination of this agreement and shall not relieve VIRTUS of its liability to the CITY for damages. 20. Construction and Severability: If any part of this Agreement is held to be invalid or unenforceable, such holding will not affect the validity or enforceability of any other part of this Agreement so long as the remainder of the Agreement is reasonably capable of completion. 21. Entire Agreement: This Agreement contains the entire agreement of the parties and supersedes any and all other agreements or understandings, oral of written, whether previous to the execution hereof or conteniporaueous herewith. The parties also understand that VIRTUS has an existing Agreement with the MDC that is authorized by the CITY. The CITY may contract with VIRTUS to perform other functions not included in the Scope of Services of this Agreement. Any such contemporaneous agreements shall also be in writing and maybe substantially similar to this Agreement. ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT . BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC PAGE 8 OF I O 22. Applicable Law: This Agreement shall be governed by and construed and enforced in accordance with the laws of the Statc of Idaho, and the ordinances of the CITY of Meridian. 23. Meet and Confer: The parties to the Agreement hereby agree to meet and confer regarding any disputes that may arise in the course of this Agreement and to seek consensus. This provision shall not apply if the CITY wishes to terminate this Agreement for cause. If consensus cannot be reached then the parties have not waived any available remedies available by law or this Agreement, up to and including termination of this Agreement. 24. Approval Required: This Agreement shall not become binding until signed by VIRTUS, approved by the City Cau~xcil, signed by the Mayor and attested by the City Clerk of Meridian. The parties agree that the effective date of this Agreement shall be from December 21, 2006. Dated this day of ~ , 200 VIRTUS Enterprises; LLC er, S ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC - rncE 9 pF 10 Dated this ~ day of , 200 CITY OF MRRTT7TAN BY: ~-~~ ~'~`" TAMMY DE EERD, MAYOR Dated this day of , 200 Attest: ,~, ~~`~ ~ ~'~y, ,may TF ~_ O SEAL YC HOLMAN., CITY CLERK ~ '`~ ECONOMIC DEVELOPMENT COORDINATOR AGREEMENT BETWEEN THE CITY OF MERIDIAN AND VIRTUS ENTERPRISES, LLC -PAGE 10 of 10 ~~ERIDIAN; Economic Excellence Mission The City of Meridian's mission is to be a premier place to live, work, and raise a family. We are committed to strategic execution for "Economic Excellence" in order to fulfill and sustain this mission by being recognized as a community that is: "Built for Business.....Designed for Living." Vision Our focus is on transforming Meridian into a 21st Century City positioned to support existing, emerging, and new businesses. We are positioning our economic landscape in 2008 to maximize business opportunities while providing an environment conducive to attracting and retaining a motivated workforce. Strategies & Objectives for Economic Excellence Page 1 of 8 Directed Strategic Goals fior Economic Excellence (Update operating plan activities through 10/1/08) To gain balance between primary (value-added) and secondary employers and industry sectors Business Enterprise Corridors/Development ykEngagements with Existing & Emerging Meridian Businesses Positioning for Sustainable Economic Base *Target Marketing to Attract Value-Added Business Tracking Data/Information We envision our community enhanced with technology rich and diversified industries which have above average wage jobs. Meridian's focus on these strategic goals and activities will be instrumental in Meridian's evolution over the next ten years. Meridian's ongoing Economic Excellence will grow and prosper through: 1. Diversified and targeted business/industry growth (value added jobs in Meridian) 2. Infrastructure planning, strategic resource planning, and necessary execution 3. A continued commitment to a high quality of life 4. Expansion of an educated workforce 5. Commitment to the public safety and welfare of the citizens Meridian's vision as a city that is "Built for Business and Designed for Living" is real and ongoing. Strategies 8~ Objectives for Economic Excellence Page 2 of 8 Business Enterprise Corridors Strategies: - Develop, coordinate, and implement marketing plans with stakeholders - Active targeted recruitment execution - Marketing plan/materials development and enhancement - Ongoing clarification and definition of focused industry clusters relative to corridor development - Assist with working on infrastructure needs to support corridors - Enhanced communication, collaboration, and messaging - Participation, engagements, and presentations to "tell the BEC's story for Meridian" Objectives: 1. Continue ongoing collaborative engagements with entities, developers, and stakeholders to ensure optimum integration of appropriate message. 2. Coordinate and enhance the branding /story with the Mayor's Office to optimize utilization of a selected PR firm to define game plan for proactive messaging by 6/15/2008 (maintain momentum and buzz). 3. Refine and implement a coordinated marketing strategy with stakeholders (Pinebridge, Portico, ISU, Hospital, and others) for the Health Sciences/Technology Corridor. Inclusive of strategic planning with key players to identify at least five targeted firms for recruitment by 6/15/2008. 4. Support and collaboratively assist MDC and related parties to focus on the Downtown Corridor marketing execution. 5. Develop integrated strategy for continued local, regional, and national exposure for the Ten Mile Corridor by 8/1/08. 6. Review results of the Northwest Corridor study by NNU and revise into draft plan for review by the Mayor by 7/15/2008 Strategies & Objectives for Economic Excellence Page 3 of 8 7. In conjunction with related parities and marketing/PR representatives, develop additional marketing tools and presentation package outlining various corridors by 8/1 /2008. Engagement with Existing and Emerging Meridian Businesses Strate_. iq es: - Facilitate and engage meetings with Meridian businesses - Engage participation from Meridian businesses in Economic Excellence efforts - Research and identify related resources for supporting Economic Excellence - Plan ongoing Economic Excellence meetings with Meridian businesses - Participate in supporting group activities (Chamber, BVEP, etc) Objectives: 1. Continue 10 business engagements per month (targeting 6 with Mayor if her schedule allows) 2. Planned quarterly Chamber Economic Excellence workshops (help drive topics for messaging and assist with sponsorship presentation design) 3. Maintain professional support to businesses -minimum of 4 follow- up contacts per month (detail in monthly activity report) 4. Continue visiting at least one larger employer per month for purpose of identifying related entities they view as potential to recruit to Meridian (detail contact in monthly activity report) 5. Professional responses to Economic Excellence related inquiries (detail in monthly activity report) 6. Active participation/support to Mayor reference BVEP Business Retention Committee efforts (report monthly) 7. Communicate and collaborate with various parties regarding feasibly for an Auditorium District or consideration for a Visitors and Convention Bureau by 9/1 /OS. Strategies & Objectives for Economic Excellence Page 4 of 8 Positioning for Sustainable Economic Base Working hard to distinguish Meridian as the City to live, work, and play Strategies: - Promote and tell the story of Meridian's Economic Excellence commitment - Coordination with Chamber, State, various other agencies, and colleges on outlined plan for enhancing workforce training - Quarterly communication to appropriate parties to secure ongoing support - Work with Building and Planning Departments to facilitate quality service and coordination of activities to customers - Engage and maintain relationships with community partnerships - Work as a liaison, catalyst, and relationship builder as needed for identified value projects - Workforce and professional development focus and action plans - Coordinator/Communication with necessary departments reference Quality of Life awareness (Parks and Recreation, Police/Fire) Objectives: 1. Maintain meetings with internal departments and external entities impacting positioning 2. Continue ongoing support and collaboration with major project representatives and stakeholders on a routine basis. (reported monthly) 3. In collaboration with MDC, identify 2 potential developers for Downtown by 5/15/2008 Strategies & Objectives for Economic Excellence Page 5 of 8 4. Participate and support coordination of the Mayor's Advisory Council on Workforce and Professional Development (attend meetings and assist in direction) 5. Ongoing meetings with businesses to identify workforce needs and attention to finding solution for those needs.(reported monthly) Target Marketing to Attract New Value-Added Business Strate ies: - Participate in identifiied State and Boise Valley economic development groups/committees - Leverage opportunities for joint promotion and coordination with all stakeholders - Working with BVEP to maximize relationship - Coordinated and joint marketing efforts with existing businesses - Establish targeted marketing plan to regional markets - Concise package responses and reference sources to present to potential contacts and leads (customized as needed) Ob'ectives: 1. Continue to leverage BVEP activities to maximum benefit to Meridian (ongoing meetings) 2. Updated marketing package ready for prospect contacts to the Boise Valley by 6/15/2008 3. Continue to respond to all inquires and deliver professional follow- up with marketing materials (report monthly) 4. Continued coordination with the State and BVEP on statewide and localized GIS initiative to maximize benefit to Meridian 5. Identify (with existing businesses) targeted trade shows for joint participation possibilities by 7/1/2008 6. Define and engage ISU School of Business in market research and economic impact planning (Health Sciences/Technology Corridor) by 8/1 /2008 Strategies & Objectives for Economic Excellence Page 6 of 8 7. Complete initial enhancements and revisions to the Economic Excellence web pages (inclusive of connectivity to appropriate resources) by 8/15/2008 8. Establish identified entities to potentially have direct contact by 7/1 /2008. Planned focused and target visits to prospects as identified. 9. Finalize (map) marketing tool for assisting in "telling the story" on where things are happening in Meridian. Strong demonstration of our diversified available infrastructure/developments. Tracking Data/Information Strategies: - Routine updates and collaboration with the Mayor - Maintain a current and updated list of activities on value projects - Continued enhancement of effective and professional Economic Development Website - Track why businesses are choosing, or not choosing, Meridian or Idaho - Statistical database of information maintained (develop best source of data available for new jobs and businesses in Meridian) - Research with State and Chamber ability to develop on inventory database of businesses Objectives: 1. Continue quarterly communication and monthly activity reports 2. Continue to populate contact database in support of efforts 3. Ongoing updating and story reporting (at direction of the Mayor) in coordination with Community Communication Coordinator 4. Target two updates per month with the Mayor subject to her schedule (informal communications continued by a-mail and phone) Strategies & Objectives for Economic Excellence Page 7 of 8 5. Build inventory of marketing materials from developers for availability as appropriate to support in direct marketing. 6. Insight on issues raised - i.e. traffic and funding resources 7. Engage site selectors on what information they want on the website -what helps recruit entities to a project 8. Develop as much data as possible to -what is unique in Meridian, why Meridian, property available/targeted clusters, process for business help available, contact, current info inclusive of cost of doing business, average lease, power, gas, and wage -- link to Commerce Strategies & Objectives for Economic Excellence Page 8 of 8