Overhaul of Kansas City incentive policies

[bspecht]

Bough taking action here.

Authorizing the City Manager to execute a sole source professional services contract in an amount not to exceed $135,000.00 with Angelou Economics for the creation of a comprehensive economic development policy and strategic plan; and authorizing the City Manager to enter into an agreement with Kansas City Chamber of Commerce to provide outside funding to the City for the contract with Angelou Economics.

WHEREAS, Kansas City has a variety of economic development tools, agencies, programs, and needs; and

WHEREAS, the City is in need of a comprehensive, codified economic development strategy to ensure intentional and equitable growth throughout the City; and

WHEREAS, Angelou Economics are an expert in public sector economic development, having completed over 650 community economic development strategies, including work in Missouri; and

WHEREAS, Angelou Economics has provided a cost estimate of $135,000.00 to complete a comprehensive economic development strategy and financial report, over an estimated five months; and

WHEREAS, the Kansas City Chamber of Commerce has offered to contribute approximately $30,000.00 towards a City agreement with Angelou Economics; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the City Manager is authorized to negotiate and execute a sole source professional services contract with Angelou Economics, for a total contract amount not to exceed $135,00.00, for the creation of comprehensive economic development policy and strategic plan to be paid from funds appropriated in Account 24-1000-101700-B.

Section 2. That the City Manager is further authorized to enter into an agreement with the Kansas City Chamber of Commerce to provide outside funding to the City for the contract with Angelou Economics.

https://clerk.kcmo.gov/LegislationDetai ... FullText=1

[Cratedigger]

Austin based firm