Vote: adopted

Item Text

29. REVISION TO POLICY A1513 FOR NON-PROFIT CORPORATIONS ECONOMIC DEVELOPMENT FUNDING Approve Revision No. 1 to Administrative Policy A1513 for Non-Profit Corporations Economic Development Funding. These revisions include adding a provision that requires non-profit corporations seeking economic development funding to execute a written agreement with the County no later than November 30 of the funding year. With the approval of the Office of Management and Budget, the Contract Administrator will be allowed to waive this provision under exceptional circumstances. The policy revision will be effective July 1, 2009. Policy A-1513 was adopted by the Board of Supervisors on June 18, 2008. The purpose of the policy is to define the procedures that non-profit corporations must follow when requesting economic development funding, and to define the contracting and contract monitoring processes. Inclusion of the deadline for contract execution will allow the Board of Supervisors to maintain greater control over the budget for economic development grants and ensure the Board receives timely information on the implementation of economic development activities. (C-20-09-047-6-00)