Agenda

Back to Calendar Return

City Council Regular Meeting

Meeting Date:

09/14/2021

BACKGROUND

Resolution 21-R-79 approves an Agreement for Provisions of Professional Services between the City of Schertz and the City of Schertz Economic Development Corporation (“Service Agreement”). The Service Agreement outlines the specific services that the City of Schertz will provide to the SEDC. Services include personnel, financial reporting, budgeting, office space, fleet services, IT services, etc. The Service Agreement also enables the SEDC to receive several services at a discounted rate through the City. These include rates for software, financial services, auditing services, etc. The agreement also includes a requirement for the City Manager and/or his designee to represent the SEDC at the area chamber of commerce.

COMMUNITY BENEFIT
Approval of the resolution enables the City of Schertz and SEDC to work together by sharing staff and services which helps improve operational efficiency and reduce costs.

FISCAL IMPACT
Under the agreement, a total of $506,984 will be transferred from the SEDC to the City of Schertz. The payments will be made in two equal payments on October 1, 2021 and April 1, 2022.

SUMMARY OF RECOMMENDED ACTION
The SEDC Board approved recommendation for approval by City Council of this agreement during their May 27, 2021 meeting. A motion was made by Ms. Morrill. Seconded by Mr. Carrasco. Motion passed unanimously. Staff recommends approval CC Resolution No. 21-R-79.

Attachments
Resolution 21-R-79
agreement