Title
Outside Agency Agreement: Greater Yuma Economic Development Corporation
Summary Recommendation
Authorize the execution of an agreement with Greater Yuma Economic Development Corporation (GYEDC) providing for Fiscal Year 2018-2019 funding in the amount of $232,000 and setting the City's reporting and performance standards for GYEDC. The outside agency agreement is renewable for three additional one-year terms upon approval of the City of Yuma's annual budget and in the amount City Council determines to fund GYEDC. (Administration/Economic Develoment) (Jeff Burt)