City of North Port - File #: 19-0003

• File #: 19-0003
• Version: 1
• Type: Presentation
• Status: Agenda Ready
• File created: 1/3/2019
• In control: City Commission Regular Meeting
• On agenda: 1/8/2019
• Final action: 1/8/2019
• Title: Presentation by Rich Suggs - Partnership for Creative Economies, Inc.

Date	Ver.	Action By	Action	Result
1/8/2019	1	City Commission Regular Meeting	consensus

TO:                                           Honorable Mayor & Members of the North Port Commission

FROM:                      Peter D. Lear, CPA, CGMA, City Manager

TITLE:                                          Presentation by Rich Suggs - Partnership for Creative Economies, Inc.

Recommended Action

Discussion and direction regarding presentation by Mr. Rich Suggs.

Background Information

At the December 11, 2018 Regular Commission Meeting Mr. Rich Suggs presented a proposal to Commission related to Economic Development. The Commission directed the City Manager and City Attorney to review the lawfulness of the proposal and have Mr. Suggs bring back a more detailed presentation at the January 8^th regular meeting.  There were conversations related to the use of city funds for this effort, validity and merit of the Economic Development Corporation (EDC) and the relationship of the EDC with North Port.

The City Attorney has not had an opportunity to review this proposal prior to the agenda being posted.  The City Manager and City Attorney met regarding the legality of the City spending funds on an Economic Development Organization.  Based on a high level discussion without the details, this is an allowed expenditure.

Strategic Plan

Support a vibrant and diversified economy to create local jobs and attract private investments.

Financial Impact

Dependent on Commission direction.

Procurement

Attachments:

1.                     Partnership for Creative Economies Inc

Prepared by:                                            Peter Lear

Department Director:                       Peter Lear