Loading...
Item 9CMEMORANDUM June 15, 2021 To: Shana Yelverton, City Manager From: Daniel Cortez, Director of Economic Development & Tourism Subject: Resolution No. 21-029, directing City staff to draft the framework, role, responsibilities and providing appointment of a Target Industry Recruitment Task Force with oversight from the Community Enhancement and Development Corporation Action Requested: Approval of Resolution No. 21-029, directing City staff to draft the framework, role, responsibilities and providing appointment of a Target Industry Recruitment Task Force with oversight from the Community Enhancement and Development Corporation. Background Information: The purpose of this resolution is for the City Council to direct City staff to work with the Community Enhancement and Development Corporation (CEDC) to draft the framework, role and responsibilities for a Target Industry Recruitment Task Force. Through the City Council adoption of the Southlake 2035: Economic Development Master Plan Addendum in March of 2021, established strategic goals for the Economic Development & Tourism Department. One of these strategic goals was to achieve economic prosperity through tax and employment base growth, attracting investment of private capital into our economy that grows jobs, creates opportunity, increases tax revenue. Recommendation EDA1, within the plan, directs the City to utilize relevant economic health data, evaluate Southlake's commercial centers and work with property owners to identify challenges and potential solutions to filling vacant spaces in the post -pandemic economic environment. With the development of this task force, they will be able address and engage with potential target industry businesses and corporate prospects looking to relocate to Southlake and assist the City in achieving its economic goals. With the adoption of this resolution, City staff will work with the CEDC to develop the appropriate framework, role and goals of the proposed task force. Financial Considerations: Any financial considerations will be presented to the City Council in the proposed FY 2022 budget. Strategic Link: This item specifically addresses the City's critical business outcome CB04 by optimizing the City's commercial tax base by attracting high quality new businesses to reduce the tax burden on residential taxpayers. It also supports the City's efforts in attracting & keep top -tier businesses to drive a dynamic & sustainable economic environment (C4) and enhancing the sense of community by providing excellent customer service and citizen engagement opportunities (C6). Legal Review: The proposed resolution will be reviewed by the City Attorney. Alternatives: Deny Resolution 21-029, directing City staff to draft the framework, role, responsibilities and providing appointment of a Target Industry Recruitment Task Force with oversight from the Community Enhancement and Development Corporation. Staff Recommendation: Approval of Resolution 21-029, directing City staff to draft the framework, role, responsibilities and providing appointment of a Target Industry Recruitment Task Force with oversight from the Community Enhancement and Development Corporation. Attachments: Resolution 21-029 Staff Contacts: Daniel Cortez (817) 748-8039 RESOLUTION NO. 21-029 A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS THE CITY COUNCIL IS DIRECTING CITY STAFF TO WORK WITH THE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION TO DEVELOP A FRAMEWORK FOR A TARGET INDUSTRY RECRUITMENT TASK FORCE AND DEFINING THE ROLE AND RESPONSIBILITIES OF SUCH A TASK FORCE AND PROVIDING THE APPOINTMENT FOR REPRESENTATIVES TO SERVE ON THE TASK FORCE. WHEREAS, the City of Southlake, Texas ("City") wishes to optimize the City's commercial tax base by attracting high quality new businesses to reduce the tax burden on residential taxpayers; and WHEREAS, the formation of a Target Industry Recruitment Task Force would assist with the attraction of target industries resulting in the retaining of high -quality jobs, developing vibrant communities, and improving the quality of life in the community; and WHEREAS, the City Council will consider a framework, role and responsibilities of a Target Industry Recruitment Task Force with a recommendation of the Community Enhancement and Development Corporation; and WHEREAS, the City Council will appoint members to this Target Industry Recruitment Task Force similarly as it appoints members of the public to various boards, commissions and committees; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: SECTION 1. All the findings in the preamble are found to be true and correct and the City Council does hereby incorporate said findings into the body of this resolution as if copied in its entirety. SECTION 2. The City Council is directing City staff to develop a framework, role and responsibilities and providing appointment of a Target Industry Recruitment Task Force with oversight of the Community Enhancement and Development Corporation. SECTION 3. The following representatives are appointed to serve as task force members for the terms to be established and until their successors have been duly appointed and qualified by Council. Target Industry Recruitment Task Force Appointees PASSED, APPROVED AND ADOPTED THIS 15TH DAY OF JUNE, 2021. ATTEST: Amy Shelley, TRMC City Secretary John Huffman, Mayor APPROVED AS TO FORM: City Attorney