Narrative of Resolution:
title
TO AUTHORIZE THE COUNTY MANAGER TO EXECUTE A CONTRACT WITH THE PARTNERSHIP FOR ECONOMIC DEVELOPMENT IN SULLIVAN COUNTY, INC.
end
body
If Resolution requires expenditure of County Funds, provide the following information:
Amount to be authorized by Resolution: $100,000
Are funds already budgeted? Yes
Specify Compliance with Procurement Procedures:
Click or tap here to enter text.
TO AUTHORIZE THE COUNTY MANAGER TO EXECUTE A CONTRACT WITH THE PARTNERSHIP FOR ECONOMIC DEVELOPMENT IN SULLIVAN COUNTY, INC
WHEREAS, the County of Sullivan ("County") and the Partnership for Economic Development (Partnership); have enjoyed a long relationship and
WHEREAS, the Partnership works closely with the Industrial Development Agency to attract economic development projects in Sullivan County; and
WHEREAS, the current contract between the Partnership and the County expired on December 31, 2023; and
WHEREAS, the parties mutually desire to continue their relationship in which the partnership will continue to promote Sullivan County as a destination for current and potential employers to be establish or expand their current involvement in Sullivan County.
NOW, THEREFORE, BE IT RESOLVED, that the County of Sullivan shall enter into a four (4) year Contractual relationship with the Partnership which will carry a price term of one hundred thousand dollars ($100,000) for the years 2024, 2025, and 2026 and one hundred and twenty five thousand dollars ($125,000) for year 2027 to be paid from the County to the Partnership in exchange for the partnership continuing to market Sullivan County as a business destination to potential investors; and
BE IT FURTHER RESOLVED, that the Contract shall be for a period of four (4) years, January 1, 2024 through December 31, 2027; and
BE IT FURTHER RESOLVED: that payments provided for herein from the County of Sullivan shall be tendered in quarterly advances for each year of said contract; and
BE IT FURTHER RESOLV...
Click here for full text