Agenda Information Sheet
DEPARTMENT: Development Services/Economic Development Division
CM/ ACM: Jon Fortune
Date: August 10, 2016
SUBJECT
Title
Receive a report, hold a discussion, and nominate a recipient for the 2016 Economic Development Partnership Board Business Award.
Body
BACKGROUND
Each year, the Economic Development Partnership (EDP) Board recognizes a local business for its contribution to the economic growth and prosperity of the Denton community with a focus on public-private partnership investment in the City of Denton. Recipient selection criteria previously adopted by the Board is utilized to aid in the nomination and selection of a recipient company. The EDP Board Chair confers the award on behalf of the EDP Board at the annual Mayor and City Council Business Awards Breakfast that is typically scheduled in the summer months of June-August.
Past Denton Economic Development Partnership Board Business Award recipients include:
• 2008 Peterbilt Motors
• 2009 Business Air
• 2010 Philip Baker and Rayzor Company
• 2011 U.S. Aviation Group
• 2012 Mayday Manufacturing
• 2013 Denton Regional Medical Center
• 2014 Tetra Pak
• 2015 Flowers Baking
PRIOR ACTION/REVIEW (Council, Boards, Commissions)
July 13, 2016 - The Economic Development Partnership Board received a staff report about the award and potential nominees for their consideration.
STRATEGIC PLAN RELATIONSHIP
The City of Denton’s Strategic Plan is an action-oriented road map that will help the City achieve its vision. The foundation for the plan is the five long-term Key Focus Areas (KFA): Organizational Excellence; Public Infrastructure; Economic Development; Safe, Livable, and Family-Friendly Community; and Sustainability and Environmental Stewardship. While individual items may support multiple KFAs, this specific City Council agenda item contributes most directly to the following KFA and goal:
Related Key Focus Area: Economic Development
Related Goal: 3.4 Encourage development, redevelopment, recruitment, and retention
EXHIBITS
Exhibit 1 - Business Recognition Award Criteria
Exhibit 2 - Nominated Company Criteria Matrix
Respectfully submitted:
Caroline Booth
Assistant Director for Economic Development
Prepared by:
Michelle Cunningham
Business Development Officer