Agenda Information Sheet
DEPARTMENT: Development Services/Economic Development Division
CM/ ACM: Jon Fortune
Date: August 16, 2016
SUBJECT
Title
Receive a report, hold a discussion, and give staff direction regarding Ordinance No. 2015-074, relating to the Economic Development Partnership Board and its members' qualifications and tenure.
Body
BACKGROUND
The City of Denton and Denton Chamber of Commerce first entered into an economic development partnership agreement in 1986. At that time, the City initially created its Office of Economic Development, and the Denton Chamber created the position of Vice President for Economic Development. Since then, the City has funded the operating budget of the Chamber's economic development program from both General Fund and Utility Fund, and the Chamber solicits private sector funding to support other activities.
In 2003, an economic development retreat was held; it was facilitated by TIP Strategies and included representatives from the City, Chamber, University of North Texas, Texas Woman's University, North Central Texas College, Denton Independent School District, and Denton County. A commitment to proactive economic development and a financial partnership resulted from that meeting, and one of TIP's recommendations was forming a board to oversee economic development activities - thus the creation of the Economic Development Partnership (EDP) Board. TIP's recommendations were reported to City Council at the May 20, 2003, meeting. The Council adopted the ordinance creating the EDP Board in August 2003 and appointed its charter members in September. The first meeting of the EDP Board took place in October 2003.
The original ordinance (2003-258) established the EDP Board with seven voting members (two City Council members, two Chamber Board of Directors members, two members from the top 20 City of Denton ad valorem or sales tax payers, and the President of UNT) and the Denton City Manager and Chamber President as e...
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