Agreement

City of Glendale — Regular Meeting (2021-06-08)

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AGREEMENT BETWEEN 
THE GREATER PHOENIX ECONOMIC COUNCIL 
AND THE CITY OF GLENDALE 
City Contract No. ____________ 
 
The City Council of the CITY OF GLENDALE, a municipal corporation (the “City”), has approved 
participation in and support of the regional economic development program of the GREATER PHOENIX 
ECONOMIC COUNCIL (“GPEC”), an Arizona non-profit corporation (collectively, the “Parties”). The purpose of 
this agreement (“Agreement”) is to set forth the regional economic development program that GPEC agrees to 
undertake, the support that the City agrees to provide, the respective roles of GPEC and the City and the payments of 
the City to GPEC for the fiscal year July 1, 2021 - June 30, 2022 (“FY2022”). 
 
NOW, THEREFORE, in consideration of the mutual promises contained herein, the CITY and GPEC agree 
as follows: 
 
I. 
RESPONSIBILITIES OF GPEC 
 
A. 
MISSION:   Attract and grow quality businesses and advocate for Greater Phoenix’s competitiveness.  
 
B. 
GOALS: GPEC is guided by and strategically focused on two specific long-range goals: 
 
1. 
Marketing the region to generate qualified business/industry prospects in targeted economic 
clusters. 
 
2. 
Leveraging public and private allies and resources to locate qualified prospects, improve 
overall competitiveness, and sustain organizational vitality. 
 
C. 
RETENTION AND EXPANSION POLICY:  
 
1. 
GPEC’s primary role is developing the Greater Phoenix region’s market intelligence 
strategy for high wage, base industry clusters in coordination with representatives of GPEC 
member communities. 
 
2. 
Retention and expansion of existing businesses within GPEC member communities is 
primarily a local issue.   
 
3. 
GPEC will support its member communities’ efforts to retain and expand existing 
businesses through coordinating regional support and providing research on key retention 
and expansion projects. 
 
4. 
GPEC will advise its member communities when an existing company contacts GPEC 
regarding a retention or expansion issue, subject to any legal or contractual non-disclosure 
obligations. 
 
D. 
ACTION PLAN AND BUDGET:  In accordance with the Mission, Goals and Retention Policy set forth 
above and subject to the availability of adequate funding, GPEC shall implement the Action Plan 
and Budget adopted by GPEC's Board of Directors, a copy of which has been delivered to the City, 
receipt of which is hereby acknowledged.  A copy of the Action Plan is attached hereto as Exhibit 
A (“GPEC Action Plan”).  The City shall be informed of any changes in the adopted Action Plan 
which will materially affect or alter the priorities established therein.  Such notification will be in 
writing and will be made prior to implementation of such changes.  Notwithstanding the foregoing, 
the City acknowledges and agrees that GPEC may, in its reasonable judgment in accordance with its 
own practices and procedures, substitute, change, reschedule, cancel or defer certain events or

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activities described in the Action Plan as required by a result of changing market conditions, funding 
availability, unforeseen expenses or other circumstances beyond GPEC's reasonable control.  GPEC 
shall solicit the input of the City on the formulation of future marketing strategies and advertisements.   
The Action Plan will be revised to reflect any agreed upon changes to the Action Plan.   
 
E. 
PERFORMANCE TARGETS: 
 
1. 
Specific performance targets, established by GPEC’s Executive Committee and Board of 
Directors, are attached hereto as Exhibit B (“GPEC Performance Measures”) and shall be 
used to evaluate and report progress on GPEC’s implementation of the Action Plan.  In the 
event of changing market conditions, funding availability, unforeseen expenses or other 
circumstances beyond GPEC's reasonable control, these performance targets may be revised 
with the City’s prior written approval, or with the prior written approval of a majority of the 
designated members of GPEC’s Economic Development Directors Team (“EDDT”).  GPEC 
will provide monthly reports to the City discussing in detail its progress in implementing the 
Action Plan as well as reporting the numerical results for each performance measurement set 
forth in Exhibit B.  GPEC shall provide a copy of its annual external audit for the preceding 
fiscal year to the City no later than December 31, 2021.  
 
2. 
In the case of any benchmark which is not met, GPEC will meet with the EDDT to provide 
an explanation of the relevant factors and circumstances and discuss the approach to be taken 
in order to achieve the target(s).  Failure to meet a performance target will not, by itself, 
constitute an event of default hereunder unless GPEC (i) fails to inform the City of such 
event or (ii) fails to meet with EDDT to present a plan for improving its performance during 
the balance of the term of the Agreement will constitute an event of default for which the 
City may terminate this Agreement pursuant to paragraph IV.J. below. 
 
II. 
RESPONSIBILITIES OF THE CITY 
 
A. 
STAFF SUPPORT OF GPEC EFFORTS: The City shall provide staff support to GPEC's economic 
development efforts as follows: 
 
1. 
The City shall respond to leads or prospects referred by GPEC in a professional manner 
within the time frame specified by the lead or prospect if the City desires to compete and if 
the lead is appropriate for the City.  When available, the City agrees to provide its response 
in the format developed jointly by EDDT and GPEC; 
 
2. 
The City shall provide appropriate local hospitality, tours and briefings for prospects visiting 
sites in the City; 
 
3. 
The City shall provide an official economic development representative to represent the City 
on the EDDT, which advises GPEC’s President and CEO; 
 
4. 
The City shall cooperate in the implementation of GPEC/EDDT process improvement 
recommendations including the use of common presentation formats, exchange of 
information on prospects with GPEC's staff, the use of shared data systems, land and building 
data bases and private sector real estate industry interfaces; 
 
5. 
The City shall use its best efforts to respond to special requests by GPEC for particularized 
information about the City within three business days after the receipt of such request; 
 
6. 
In order to enable GPEC to be more sensitive to the City's requirements, the City shall, at its 
sole option, deliver to GPEC copies of any City approved economic development strategies,

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work plan, programs and evaluation criteria.  GPEC shall not disclose the same to the other 
participants in GPEC or their representatives; 
 
7. 
The City shall utilize its best good faith efforts to cause an economic development 
professional representing the City to attend all marketing events and other functions to which 
the City has committed itself; and 
 
8. 
The City agrees to work with GPEC to improve the City’s competitiveness and market 
readiness to support the growth and expansion of the targeted industries as identified for the 
City in Exhibit C (“Targeted Industries”). 
 
B. 
RECOGNITION OF GPEC: The City agrees to recognize GPEC as the City's officially designated 
regional economic development organization for marketing the Greater Phoenix region. 
 
III. 
ADDITIONAL AGREEMENTS OF THE PARTIES 
 
A. 
PARTICIPATION IN MARKETING EVENTS AND PROVISION OF TECHNICAL ASSISTANCE: 
Representative(s) of the City shall be entitled to participate in GPEC's marketing events provided 
that such participation shall not be at GPEC's expense. When requested and appropriate, GPEC will 
use its best efforts to provide technical assistance and support to City economic development staff 
for business location prospects identified and qualified by the City and assist the City with 
presentations to the prospect in the City or their corporate location. 
 
B. 
COMPENSATION: 
 
1. 
The City agrees to pay $119,846 for services to be provided by GPEC pursuant to the 
Agreement during the fiscal year ending on June 30, 2022, as set forth in this Agreement.  
This amount is based on approximately $.4897 per capita, based upon the 2020 Office of 
Economic Opportunity population estimate, which listed the City as having a population of 
244,733.  The payment by the City may, upon the mutual and discretionary approval of the 
board of directors of GPEC and the City Council, be increased or decreased from time to 
time during the term hereof in accordance with the increases or decreases of general 
application in the per capita payments to GPEC by other municipalities which support 
GPEC. 
 
2. 
Funding of this Agreement shall be subject to the annual appropriations of funds for this 
activity by the City Council pursuant to the required budget process of the City. 
 
3. 
Nothing herein shall preclude the City from contracting separately with GPEC for services 
to be provided in addition to those to be provided hereunder, upon terms and conditions to 
be negotiated by the City and GPEC. 
 
4. 
GPEC shall submit invoices for payment on a quarterly basis. The foregoing 
notwithstanding, if GPEC has not provided the City with the audit required pursuant to 
paragraph I.E. above no later than December 31, 2021, no payments shall be made hereunder 
until the City receives the audit report.  Invoices and monthly activity reports, substantially 
in the form of Exhibit D (“Reporting Mechanism for Contract Fulfullment”) attached hereto, 
are to be submitted to the address listed under paragraph IV.P.  
 
 
 
 
C. 
COOPERATION:

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1. 
The parties acknowledge that GPEC is a cooperative organization effort among GPEC and 
its member communities.  Accordingly, the City and GPEC covenant and agree to work 
together in a productive and harmonious manner, to cooperate in furthering GPEC’s goals 
for FY2022.  The City and GPEC further covenant and agree to comply with the Regional 
Cooperation Protocol, attached hereto as Exhibit F, in all material respects. 
 
2. 
The City agrees to work with GPEC, as necessary or appropriate, to revise the performance 
measures, and/or benchmarks, and/or goals for the FY2023 contract. 
 
3. 
The City agrees to work with GPEC during FY2022 to develop a revised public sector 
funding plan, including a regional allocation formula for FY2023, if determined to be 
necessary or appropriate.   
 
IV.  
GENERAL PROVISIONS 
 
A. 
COVENANT AGAINST CONTINGENT FEES:  GPEC warrants that no person or selling agent has been 
employed or retained to solicit or secure this Agreement upon an agreement or understanding for a 
commission, percentage, brokerage, or contingent fee.  For a breach or violation of this warranty, the 
City shall have the right to terminate this Agreement without liability or, in its discretion, to deduct 
the commission, brokerage or contingent fee from its payment to GPEC. 
 
B. 
PAYMENT DEDUCTION OFFSET PROVISION: GPEC recognizes the provisions of the City Code of 
the City of Glendale which require and demand that no payment be made to any contractor as long 
as there is any outstanding obligation due to the City, and directs that any such obligation be offset 
against payment due to GPEC. 
 
C. 
ASSIGNMENT PROHIBITED: No party to this agreement may assign any right or obligation pursuant 
to this Agreement.  Any attempted or purported assignment of any right or obligation pursuant to 
this Agreement shall be void and no effect. 
 
D. 
INDEPENDENT CONTRACTOR; NO AGENCY: Nothing contained in this Agreement creates any 
partnership, joint venture or agency relationship between the City and GPEC.  At all times during 
the term of this Agreement, GPEC shall be an independent contractor and shall not be an employee 
of City.  City shall have the right to control GPEC only insofar as to the results of GPEC's services 
rendered pursuant to this Agreement.  GPEC shall have no authority, express or implied, to act on 
behalf of City in any capacity whatsoever as an agent.  GPEC shall have no authority, express or 
implied, pursuant to this Agreement to bind City to any obligation whatsoever. 
 
E. 
INDEMNIFICATION AND HOLD HARMLESS: 
 
 
1. 
During the term of this Agreement, GPEC shall indemnify, defend, hold, protect and save 
harmless the City and any and all of its Council members, officers and employees from and 
against any and all actions, suits, proceedings, claims and demands, loss, liens, costs, 
expense and liability of any kind and nature whatsoever, for injury to or death of persons, or 
damage to property, including property owned by City, brought, made, filed against, 
imposed upon or sustained by the City, its officers, or employees in and arising from or 
attributable to or caused directly or indirectly by the negligence, wrongful acts, omissions or 
from operations conducted by GPEC, its directors, officers, agents or employees acting on 
behalf of GPEC. 
 
2. 
Any party entitled to indemnity shall notify GPEC in writing of the existence of any claim, 
demand or other matter to which GPEC's indemnification obligations would apply, and shall 
give to GPEC a reasonable opportunity to defend the same at its own expense and with 
counsel reasonably satisfactory to the indemnified party.

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3. 
Nothing in this Subsection E shall be deemed to provide indemnification to any indemnified 
party with respect to any liabilities arising from the fraud, negligence, omissions or willful 
misconduct of such indemnified party.   
 
F. 
INSURANCE:  GPEC shall procure and maintain for the duration of this Agreement, at GPEC's own 
cost and expense, insurance against claims for injuries to persons or damages to property which may 
arise from or in connection with this Agreement by GPEC, its agents, representatives, employees or 
contractors, in accordance with the Insurance Requirements set forth in Exhibit E (“Insurance 
Requirements”), attached hereto.  The City acknowledges that it has received and reviewed evidence 
of GPEC’s insurance coverage in effect as of the execution of this Agreement. 
 
G. 
GRATUITIES.  The City may, by written notice to GPEC, terminate the right of GPEC to proceed 
under this Agreement upon one (1) calendar day notice, if it is found that gratuities in the form of 
entertainment, gifts, or otherwise were offered or given by GPEC, or any agent or representative of 
GPEC, to any officer or employee of the City with a view toward securing a contract or securing 
favorable treatment with respect to the awarding or amending, or the making of any determinations 
with respect to the performance of such contract; provided that the existence of the facts upon which 
the City makes such findings shall be an issue and may be reviewed in any competent court.  In the 
event of such termination, the City shall be entitled to pursue all legal and equitable remedies against 
GPEC available to the City. Activities by an officer or employee of the City while engaged in official 
business with GPEC, including travel shall not be deemed a gratuity. 
 
H. 
EQUAL EMPLOYMENT OPPORTUNITY.  During the performance of this Agreement, GPEC agrees 
as follows: 
 
1. 
GPEC will not discriminate against any employee or applicant for employment because of 
race, color, religion, gender, sexual orientation, national origin, age or disability.  GPEC 
shall take affirmative action to ensure that applicants are employed, and that employees are 
treated during employment without regard to their race, color, religion, gender, sexual 
orientation, national origin, age or disability.  Such action shall include, but not be limited 
to, the following:  employment, upgrading, demotion or transfer, recruitment or recruitment 
advertising, layoff or termination, rates of pay or other forms of compensation, and selection 
for training, including apprenticeship.  GPEC agrees to post in conspicuous places, available 
to employees and applicants for employment, notices setting forth the provisions of this 
nondiscrimination clause. 
 
2. 
GPEC will, in all solicitations or advertisements for employees place by or on behalf of 
GPEC, state that all qualified applicants will receive consideration for employment without 
regard to race, color, religion, gender, sexual orientation, national origin, age or disability. 
 
3. 
GPEC will cause the foregoing provisions to be inserted in all subcontracts for any work 
covered by this Agreement, provided that the foregoing provisions shall not apply to 
agreements or subcontracts for standard commercial supplies or new materials.   
 
4. 
Upon request by the City, GPEC shall provide City with information and data concerning 
action taken and results obtained in regard to GPEC's Equal Employment Opportunity efforts 
performed during the term of this Agreement.  Such reports shall be accomplished upon 
forms furnished by the City or in such other format as the City shall prescribe. 
 
I. 
COMPLIANCE WITH FEDERAL AND STATE LAWS REQUIRED.  GPEC understands and 
acknowledges the applicability of the Immigration Reform and Control Act of 1986 and the Drug 
Free Workplace Act of 1989 and agrees to comply therewith in performing under any resultant 
agreement and to permit City inspection of its records to verify such compliance.

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1. 
GPEC, and on behalf of any subcontractor GPEC has engaged to perform work for the City 
under this Agreement, warrants, to the extent applicable under A.R.S. § 41-4401, compliance 
with all applicable federal immigration laws and regulations that relate to its employees as 
well as compliance with A.R.S. § 23-214(A) which requires registration and participation 
with the E-Verify Program.   
 
 
2. 
GPEC understands and acknowledges that any breach of warranty under subsection I(1) 
above is considered a material breach of this Agreement and is subject to penalties up to and 
including termination of this Agreement. 
 
3. 
The City retains the legal right to inspect the papers of GPEC or any subcontractor who 
performs work for the City under this Agreement to ensure that GPEC or any such 
subcontractor is compliant with the warranty under subsection I(1) above.  
 
4. 
City may conduct random inspections, and upon request of the City, GPEC shall provide 
copies of papers and records demonstrating continued compliance with the warranty under 
subsection I(1) above.  GPEC agrees to keep papers and records available for inspection by 
the City during normal business hours and will cooperate with City in the City’s exercise of 
its statutory duties and not deny access to GPEC’s business premises or applicable papers or 
records for the purposes of enforcement of this subsection.  
 
5. 
GPEC agrees to incorporate into any subcontracts in performance of work under this 
Agreement the same obligations imposed upon itself and expressly accrue those obligations 
directly to the benefit of the City.  GPEC also agrees to require any such subcontractor to 
incorporate into each of its own subcontracts in performance of work under this Agreement 
the same obligations above and expressly accrue those obligations to the benefit of the City. 
 
6. 
GPEC’s warranty and obligations under this entire subsection I to the City is continuing 
throughout the term of this Agreement or until such time as the City determines, in its sole 
discretion, that Arizona law has been modified in that compliance is no longer a requirement. 
 
7. 
The “E-Verify Program” above means the employment verification program administered 
by the United States Department of Homeland Security, the Social Security Administration, 
or any successor program. 
 
8. 
GPEC certifies, under A.R.S. §§ 35-391 et seq., and 35-393 et seq., that it does not have 
“scrutinized” business operations, as defined in the preceding statutory sections, in the 
countries of Sudan or Iran. 
 
9. 
GPEC certifies that it is not currently engaged in and agrees for the duration of the 
Agreement not to engage in a boycott of Israel as defined in A.R.S. § 35-393. 
 
 
J. 
TERMINATION.  City shall have the right to terminate this Agreement if GPEC shall fail to duly 
perform, observe or comply with any covenant, condition or agreement on its part under this 
Agreement and such failure continues for a period of 30 days (or such shorter period as may be 
expressly provided herein) after the date on which written notice requiring the failure to be remedied 
shall have been given to GPEC by the City; provided, however, that if such performance, observation 
or compliance requires work to be done, action to be taken or conditions to be remedied which, by 
their nature, cannot reasonably be accomplished within 30 days, no event of default shall be deemed 
to have occurred or to exist if, and so long as, GPEC shall commence such action within that period 
and diligently and continuously prosecute the same to completion within 90 days or such longer 
period as the City may approve in writing.  The foregoing notwithstanding, in the event of

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circumstances which render GPEC incapable of providing the services required to be performed 
hereunder, including, but not limited to, insolvency or an award of monetary damages against GPEC 
in excess of its available insurance coverage and assets, the City may immediately and without 
further notice terminate this Agreement. 
 
K. 
RESPONSIBILITY FOR COMPLIANCE WITH LEGAL REQUIREMENTS. GPEC's performance 
hereunder shall be in material compliance with all applicable federal, state and local health, 
environmental, and safety laws, regulations, standards, and ordinances in effect during the 
performance of this Agreement. 
 
L. 
INSTITUTION OF LEGAL ACTIONS.  Any legal actions instituted pursuant to this Agreement must be 
filed in the county of Maricopa, State of Arizona, or in the Federal District Court in the District of 
Arizona.  In any legal action, the prevailing party in such action will be entitled to reimbursement by 
the other party for all costs and expenses of such action, including reasonable attorneys' fees as may 
be fixed by the Court. 
 
M. 
APPLICABLE LAW.  Any and all disputes arising under any Agreement to be awarded hereunder or 
out of the proposals herein called for, which cannot be administratively resolved, shall be tried 
according to the laws of the State of Arizona, and GPEC shall agree that the venue for any such 
action shall be in the State of Arizona.  
 
N. 
CONTINUATION DURING DISPUTES.  GPEC agrees that, notwithstanding the existence of any 
dispute between the parties, each party shall continue to perform the obligations required of it during 
the continuation of any such dispute, unless enjoined or prohibited by an Arizona court of competent 
jurisdiction. 
 
O. 
CITY REVIEW OF GPEC RECORDS.  GPEC must keep all Agreement records separate and make 
them available for audit by City personnel upon request. 
 
P. 
NOTICES. 
 
 
1. 
Any notice, consent or other communication required or permitted under this Agreement 
shall be in writing and shall be deemed received at the time it is personally delivered, on the 
day it is sent by facsimile transmission, on the second day after its deposit with any 
commercial air courier or express service or, if mailed, three (3) days after the notice is 
deposited in the United States mail addressed as follows: 
 
If to City: 
 
Brian Friedman 
Economic Development Director 
City of Glendale 
5850 West Glendale Avenue 
Glendale, Arizona  85301 
Phone: (623) 930-2984 
 
 
 
with a copy to:  
Michael Bailey 
City Attorney 
 
 
 
 
 
City of Glendale 
 
 
 
 
 
5850 West Glendale Avenue 
 
 
 
 
 
Glendale, Arizona  85301

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If to GPEC: 
 
Chris Camacho 
President and Chief Executive Officer 
Greater Phoenix Economic Council 
Two North Central Avenue, Suite 2500 
Phoenix, Arizona 85004-4469 
Phone: (602) 256-7700 
FAX: (602) 256-7744  
 
2. 
Any time period stated in a notice shall be computed from the time the notice is deemed 
received.  Either party may change its mailing address or the person to receive notice by 
notifying the other party as provided in this subsection. 
 
Q. 
TRANSACTIONAL CONFLICT OF INTEREST.  All parties hereto acknowledge that this Agreement is 
subject to cancellation by the City pursuant to the provisions of Section 38-511, Arizona Revised 
Statutes. 
 
R. 
NONLIABILITY OF OFFICIALS AND EMPLOYEES.  No member, official or employee of the City will 
be personally liable to GPEC, or any successor in interest, in the event of any default or breach by 
the City or for any amount which may become due to GPEC or successor, or on any obligation under 
the terms of this Agreement.  No member, official or employee of GPEC will be personally liable to 
the City, or any successor in interest, in the event of any default or breach by the GPEC or for any 
amount which may become due to the City or successor, or on any obligation under the terms of this 
Agreement.   
 
S. 
NO WAIVER.  Except as otherwise expressly provided in this Agreement, any failure or delay by any 
party in asserting any of its rights or remedies as to any default, will not operate as a waiver of any 
default, or of any such rights or remedies, or deprive any such party of its right to institute and 
maintain any actions or proceedings which it may deem necessary to protect, assert or enforce any 
such rights or remedies.  
 
T. 
SEVERABILITY.  If any provision of this Agreement shall be found invalid or unenforceable by a 
court of competent jurisdiction, the remaining provisions of this Agreement will not be affected 
thereby and shall be valid and enforceable to the fullest extent permitted by law, provided that the 
fundamental purposes of this Agreement are not defeated by such severability. 
 
U. 
CAPTIONS.  The captions contained in this Agreement are merely a reference and are not to be used 
to construe or limit the text. 
 
V. 
NO THIRD PARTY BENEFICIARIES.  No creditor of either party or other individual or entity shall 
have any rights, whether as a third-party beneficiary or otherwise, by reason of any provision of this 
Agreement. 
 
W.  
DISCLOSURE OF CONFIDENTIAL INFORMATION IF REQUIRED BY LAW. This agreement allows the 
Parties to share Confidential Information, as defined below, to each other under the following terms. 
In the opinion of the Parties: (1) the Confidential Information is the proprietary property of at least 
one of the Parties and is strictly confidential and privileged pursuant to, among other laws, A.R.S. 
§§ 44-401, et seq., (2) the release of the Confidential Information provided could cause harm to at 
least one of the Parties’ competitive position, (3) the Confidential Information is potentially personal 
and private, and (4) the Confidential Information is exempt from disclosure under the Arizona Public 
Records and Open Meeting Laws, A.R.S. § 39-121, et seq.  The Agreement does not license, assign, 
or convey any intellectual property or proprietary rights from any Party to any other Party. The party 
that shares any Confidential Information will mark all such material as Confidential Information and

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will briefly share with the other party the basis of its opinion that the Confidential Information meets 
the four requirements described above in this paragraph.  In the event the party receiving any material 
marked as Confidential Information does not believe that the material meets the four requirements 
described above in this paragraph, the receiving party will inform the sharing party of the receiving 
party’s belief and the sharing party may request the return of the material marked as Confidential 
Information, at the sharing party’s discretion.  
 
 
"Confidential Information" means non-public information, know-how, or trade secrets in any form, 
that: 
 
1. 
Are designated as being confidential; or 
2. 
A reasonable person knows or reasonably should understand to be confidential. 
 
 
The City must comply with and may be subject to certain disclosure requirements under the Arizona 
public records law (A.R.S. § 39-101, et seq.). The City may disclose Confidential Information if 
required to comply with a court order or other government demand that has the force of law. Prior to 
disclosure, the City must: 
 
1. 
Seek the highest level of protection available; or 
2. 
Give GPEC reasonable prior notice of the request for records and identified responsive 
documents to allow them to seek a protective order (unless such notice is not permitted under 
law) and to take any other steps to provide the highest level of protection to the Confidential 
Information. 
 
X. 
ENTIRE AGREEMENT, WAIVERS AND AMENDMENTS. 
 
 
1. 
This Agreement may be executed in up to three (3) duplicate originals, each of which is 
deemed to be an original.  This Agreement, including nine (9) pages of text and the below-
listed exhibits which are incorporated herein by this reference, constitutes the entire 
understanding and agreement of the parties. 
  
 
        
 
 
Exhibit A – GPEC Action Plan 
Exhibit B – GPEC Performance Measures 
Exhibit C – Targeted Industries 
Exhibit D – Reporting Mechanism for Contract Fulfillment 
Exhibit E – Insurance Requirements 
Exhibit F – Regional Cooperation Protocol 
           
2. 
This Agreement integrates all of the terms and conditions mentioned herein or incidental 
hereto, and supersedes all negotiations or previous agreements between the parties with 
respect to all or any part of the subject matter hereof. 
 
3. 
All waivers of the provisions of this Agreement must be in writing and signed by the 
appropriate authorities of the City or GPEC, and all amendments hereto must be in writing 
and signed by the appropriate authorities of the parties hereto.

Action Plan
Fiscal Year 2022
Greater Phoenix Economic Council

Greater Phoenix Economic Council
1
To attract and grow 
quality businesses, 
and advocate for 
Greater Phoenix’s 
competitiveness.
Our Mission:

A letter from Chris Camacho
- Chris Camacho
President & CEO, Greater Phoenix Economic Council 
President & CEO
Greater Phoenix Economic Council 
Action Plan FY22
2
Over the past year, our 
organization, our community 
and the world has been 
through one of the greatest 
ordeals it has ever faced with 
the COVID-19 pandemic. Yet 
GPEC rose to the challenge 
and was named the top 
economic development 
organization in the U.S. by 
the International Economic 
Development Council. We 
developed resources and 
programs to support small 
businesses as they navigated 
new federal programs. We 
supported our partners in 
diversity and equity initiatives. 
We focused on educating our 
region on issues important to 
the community through our 
Regional Reports. Through it 
all, our prospect pipeline has 
rebounded from the economic 
downturn and is more robust 
than ever.
The organization is committed 
to continuing that momentum 
going forward in the final year 
of our three-year Strategic 
Plan. We will amplify our 
brand regionally, nationally 
and globally. We will build on 
our data science capabilities 
to create new and innovative 
ways to attract businesses 
and convey our message to 
our stakeholders. And we will 
develop strategies and policies 
to build a resilient economy. 
Through these efforts GPEC 
impacts the community one 
business, one job, one life at a 
time because we are Greater 
Phoenix, Greater Together.
“Through it all, our prospect 
pipeline has rebounded from 
the economic downturn and 
is more robust than ever.”

A SNAPSHOT OF FY21
Photos Courtesy: @earlybirdphx, @equalityarizona, Mayo Clinic Arizona, @phxskyharbor
Greater Phoenix Economic Council
3

Action Plan FY22
4
GPEC’s FY20-22 Strategic Plan 
establishes a framework where GPEC 
will drive the transformation of Greater 
Phoenix into the place where all 
businesses and residents can create 
their own success through programs 
that target equity, innovation and quality 
jobs. This will be accomplished through 
two overarching goals that drive the 
organization forward:
Goal #1
Redefine regional economic 
resilience and competitiveness 
to meet 21st century 
challenges and opportunities
Goal #2
Demonstrate what it 
means to be a best-in-class 
economic development 
organization
Strategic
Plan Goals
FY22 is the final year of GPEC’s 
current strategic plan. The tactics and 
milestones outlined in the FY22 Action 
Plan build on the activities of the 
previous two fiscal years to propel the 
organization towards the completion 
of these goals.

Elevate our organizational and 
regional brand locally, nationally 
and globally
Greater Phoenix is rapidly gaining recognition as a top tier market to do business, in part due 
to the elevation of the region’s brand. In FY21 GPEC was named the #1 economic development 
organization in the U.S. In FY22 GPEC will build on this success to strengthen the region’s position by 
using data-driven messaging to effectively tell our story both locally and globally. The organization 
will increase recognition of our brand by developing strategies for brand maintenance and 
improving our website presence. And we will enhance communication with our stakeholders through 
analytics and marketing automation tactics.
	•
Communicate the Greater Phoenix value 
proposition regionally, nationally and globally.
	•
Continue to build on the recent refresh to 
increase the perception of the GPEC brand. 
	•
Improve GPEC’s website presence. 
	•
Enhance ongoing communication with GPEC 
stakeholders through marketing automation to 
cultivate leads.
	•
Develop processes and a cadence to identify 
significant data releases that GPEC can use to 
tell the regional story and strengthen  
its position. 
	•
Construct strategies and methods to support 
brand maintenance. 
	•
Build on the current website to ensure  
greater accessibility and usability by GPEC’s 
target audiences. 
	•
Increase the use of analytics into marketing 
automation campaigns.
Strategic Plan Objectives:
Elevate the brand identity using new 
forms of media to deepen our reach into 
targeted markets
Create an enhanced and efficient 
stakeholder engagement model
Tactics:
Milestones:
Tactics & Milestones
GOAL #01
Greater Phoenix Economic Council
5

Attract and grow quality 
businesses through established 
programs and new models
As we come out of a year of economic uncertainty, Greater Phoenix is well 
positioned to attract new projects to the region going forward. GPEC will generate 
prospects and locates by focusing on a combination of core and emerging business 
attraction strategies, conducting outreach to key brokers and multipliers while also 
executing direct company targeting campaigns. The organization will also leverage 
TSMC and Intel’s recent investments in Greater Phoenix to aggressively target the 
microelectronics industry.
	•
Conduct outreach to key brokers  
and site selectors. 
	•
Nurture contacts cultivated in the 
California omnichannel campaign 
launched in FY21 to directly generate 
prospects and leads.  
	•
Implement the region’s Foreign Direct 
Investment (FDI) Plan. 
	•
Engage with local venture capital and 
investment firms to demonstrate the 
value of GPEC services. 
	•
Develop touch points with prospects 
and leads in the microelectronics and 
applications ecosystems.
	•
Develop and maintain relationships with 
referral sources through in person and 
virtual engagement. 
	•
Increase leads and prospects  
from California. 
	•
Execute the priority strategies in the  
FDI Plan. 
	•
Build relationships with the investment 
community to increase connectivity to 
capital in the market. 
	•
Increase jobs and prospects  
within the microelectronics and 
applications ecosystem.
Strategic Plan Objectives:
Expand tools and processes to create new 
top-line metrics that increase outcome-
driven collaboration and coordination
Utilize market and industry 
intelligence to drive economic 
diversification and resilience
Tactics:
Milestones:
GOAL #02
Action Plan FY22
6

Drive the region forward through 
enhanced research and data 
analytics capabilities
Quality data is the basis for informed business decisions. Over the past two fiscal years, GPEC has 
architected a data science strategy to enhance the organization’s analytic capabilities. In FY22, 
the organization will continue to build on these efforts by honing our tools and data visualizations 
to increase regional knowledge with our stakeholders and prospects. The organization will also 
evaluate the region’s targeted industries to position the region for future growth and highlight our 
value proposition.
	•
Demonstrate Greater Phoenix’s value 
proposition in targeted industries. 
	•
Analyze Greater Phoenix’s current target 
industries and examine trends in emerging 
sectors to position the region for future growth.
	•
Optimize the organization’s tools, databases 
and resources.
	•
Expand data visualization infrastructure to 
provide better industry knowledge to our leads 
and prospects.
	•
Evaluate existing use cases to ensure the 
right industries are being targeted and create 
dynamic use cases to better demonstrate 
Greater Phoenix’s value proposition. 
	•
Conduct a study to identify targeted industries 
to align with the development of the 
organization’s next strategic plan. 
	•
Create market intelligence and insight reports 
highlighting current and future industry trends. 
	•
Develop new tools that highlight the region’s 
value, including business intelligence tools that 
engage GPEC’s network.
	•
Increase access to GPEC’s central data 
repository for investors and communities to 
increase regional knowledge.
Strategic Plan Objectives:
Promote initiatives that 
reinforce the region as a 
place to test, launch and 
advance innovation
Utilize market and industry 
intelligence to drive 
economic diversification 
and resilience  
Deepen internal 
expertise and upgrade 
research and analytic 
capacity
Tactics:
Milestones:
GOAL #03
Greater Phoenix Economic Council
7

Promote stakeholder 
engagement through 
meaningful content
GPEC cannot be successful without our investors and member communities whose unparalleled 
commitment to the region supports the organization. To increase stakeholder engagement and 
foster meaningful connections, we will continue with our dynamic Ambassador programming and 
cultivate strong relationships with our certified Ambassadors. The organization will raise the profile of 
the region through dynamic Regional Reports. Finally, GPEC will increase connections between our 
investors and locates by highlighting the region’s assets to new companies in the market.
	•
Increase stakeholder engagement and 
foster meaningful connections. 
	•
Raise the profile of the region and 
organization by developing nationally 
leading content.
	•
Cultivate strong relationships with 
certified Ambassadors.
	•
Better connect GPEC investors with 
locates and prospects.
	•
Continue to build on the organization’s 
sound financial position.
	•
Create education forward  
Ambassador programming. 
	•
Curate Regional Reports on dynamic topics 
related to current events.
	•
Develop pathways for engagement with 
certified Ambassadors by building on the 
cohort model. 
	•
Develop collateral highlighting the region’s 
educational, utility and other industry assets. 
	•
Explore new resources for organizational 
funding and retain current funding.
Strategic Plan Objectives:
Increase and diversify GPEC’s financial 
resources in alignment with regional priorities
Create an enhanced and efficient 
stakeholder engagement model
Tactics:
Milestones:
GOAL #04
Action Plan FY22
8

Build a resilient economy through 
comprehensive planning that focuses 
on inclusion, diversity and equity 
Building an equitable economy has never been more important. In FY22, the organization will 
focus on tracking indicators critical to equity and inclusion to ensure Greater Phoenix grows in a 
sustainable manner. GPEC will also take a deeper look at its competitor markets to understand 
emerging trends and support policy that ensures the region stays competitive. Finally, the 
organization will conduct its biennial mission to Washington, D.C. to educate the federal delegation 
on issues relevant to the region. 
	•
Intentionally evaluate Greater Phoenix 
competitive position relative to other states 
through detailed research. 
	•
Advocate for the region’s competitiveness. 
	•
Focus on issues of equity, inclusion and 
resiliency to ensure Greater Phoenix grows in a 
sustainable manner. 
	•
Modernize the innovation ecosystem at GPEC 
and in Greater Phoenix. 
	•
Support the economic development  
strategies of local communities to build a 
more resilient region. 
	•
Educate the federal delegation on issues 
important to Greater Phoenix.
	•
Synthesize the results of competitor market 
analyses to inform staff on emerging trends.
	•
Develop and support policy modernization 
programs that will ensure the region 
stays competitive. 
	•
Educate on the issues of environmental 
sustainability related to industries of the future. 
	•
Track indicators critical to equity and inclusion; 
convene and partner with local leadership to 
promote equity and inclusion. 
	•
Partner with organizations to advance 
healthcare innovation and the creation of new 
innovation centers. 
	•
Engage with GPEC communities regularly 
through the Community Partnership Program, 
market tours, and meetings with the Economic 
Development Directors Team to provide 
research and business development support. 
	•
Conduct the biennial Washington, D.C. mission.
Strategic Plan Objectives:
Promote initiatives that reinforce the region 
as a place to test, launch and advance 
innovation
Change the paradigm among community 
and civic leadership to one that prioritizes 
education, job access and intentional 
long-term investment into drivers of 
competitiveness
Develop regional resilience programs
Tactics:
Milestones:
GOAL #05
Greater Phoenix Economic Council
9

Be a leader in economic development 
through relentless commitment to 
organizational culture and The GPEC Way
GPEC has been recognized for its leadership in the economic development profession, including 
being named the top organization in the U.S. by the International Economic Development Council. 
In order to maintain that position, the organization will recruit and retain staff that are well respected 
in the industry and increase knowledge between departments. Externally, GPEC will lead the 
profession by serving in national leadership roles that advance economic development.
	•
Increase knowledge management 
between departments. 
	•
Support professional development 
opportunities for staff with a focus on 
leadership. 
	•
Seek and maintain national leadership 
roles to support the advancement of 
modern economic policies. 
	•
Assess best practices for the 
organization. 
	•
Mitigate organizational risk through 
improved data management.
	•
Enhance and refine playbooks for each 
department. 
	•
Recruit and retain staff with an 
established presence in Greater Phoenix 
and nationally. 
	•
Continue to be involved in nationally 
leading organizations. 
	•
Maintain its position as one of the 
nation’s top EDOs. 
	•
Continue to support technology 
improvements to enable staff to operate 
at the highest levels.
Strategic Plan Objectives:
Earn regional and national 
recognition as a leader in 
effective regional governance
Cultivate a world-class talent 
organization that exemplifies 
The GPEC Way
Tactics:
Milestones:
GOAL #06
Action Plan FY22
10

FY22 Metrics
 
Contract
Target
Stretch
Payroll (in Millions)
$384.37 
$427.08 
$469.78 
Jobs
7,176
7,973
8,770
- High Wage Jobs
4,232
4,702
5,172
Average High Wage Salary
$61,226 
$68,029 
$74,832 
Qualified Prospects
239
266
293
- Qualified International Prospects
38
42
46
GPEC Assists
10
12
14
GPEC calculated the metrics for FY22 based on historical performance 
and recent trends in office and industrial prospect activity. Prospect 
metrics have returned to pre-pandemic levels.
FY22 Metrics
Greater Phoenix Economic Council
11

Budget Overview
Income
Approved  
FY22
Approved 
FY21
YOY 
Var. $
YOY 
Var. %
City/County Contract Revenue
$2,793,743 
$2,753,988 
$39,755 
1%
Pledge Revenue
$3,147,120 
$2,662,875 
$484,245 
18%
New Pledges
$350,000 
$175,000 
$175,000 
100%
In-Kind Contributions
$140,500 
$126,750 
$13,750 
11%
Special Events & Programs
$181,400 
$181,400 
$0 
-
Sponsorship Income
$51,293 
$0 
$51,293 
-
Grant Income
$225,062 
$769,783 
($544,721)
(71%)
Other Income
$1,000 
$1,320 
($320)
(24%)
 Total Income 
$6,890,118 
$6,671,116 
$219,002 
3%
Expenses 
Approved  
FY22
Approved 
FY21
YOY 
Var. $
YOY 
Var. %
Business Development
$458,522 
$502,217 
($43,695)
-9%
Marketing & Communications
$480,510 
$625,157 
($144,647)
-23%
Research & Analytics
$243,324 
$234,646 
$8,678 
4%
Engagement 
$157,868 
$158,023 
($155)
0%
Strategy & Regional Initiatives
$410,330 
$323,620 
$86,710 
27%
Operations
$467,279 
$427,773 
$39,506 
9%
Personnel
$4,212,671 
$3,657,356 
$555,315 
15%
Facilities
$530,133 
$681,090 
($150,957)
-22%
Special Events & Programs 
$404,842 
$394,563 
$10,279 
3%
Total Expenses
$7,365,479 
$7,004,445 
$361,035 
5%
Net Income/(Loss)
($475,361)
($333,329)
($142,033)
43%
Action Plan FY22
12

• Acronis SCS
	• Alliance Bank of Arizona
	• American Airlines
	• Arizona Coyotes
	• Arizona Diamondbacks
	• Arizona Republic / LOCALiQ
	• Bank of America
	• Banner Health
	• BBVA
	• Benchmark Electronics, Inc.
	• Brookfield Residential 
	• CBRE
	• Chicanos Por La Causa
	• Clayco
	• Cousins Properties
	• Creighton University
	• Desert Financial  
Credit Union
	• Dignity Health
	• DMB Associates
	• Empire Southwest
	• Ernst & Young
	• Goodmans Interior 
Structures
	• Goodwill of Central Arizona
	• Grand Canyon University
	• Haydon Building Corp.
	• Helios Education 
Foundation
	• Hensel Phelps
	• Honeywell
	• HonorHealth
	• Insight Enterprises
	• Intel Corporation
	• JE Dunn Construction
	• Johnson Carlier
	• Kitchell
	• Knight-Swift Transportation
	• Mayo Clinic
	• M Culinary
	• MidFirst Bank
	• Mortenson
	• MUFG
	• Oaktree Capital 
Management
	• On Q Financial
	• Perkins Coie LLP
	• Phoenix Suns
	• Pivotal Group
	• PNC Financial Services 
Group
	• Quarles & Brady
	• Rise48 Equity
	• Sherman & Howard
	• Squire Patton Boggs
	• Valley Metro
	• Versum Materials,  
Merck KGaA Company
	• Weitz Company
Directors Council 
Chairman’s Council 
Corporate Council 
Executive Council 
GPEC Investors
As of May 2021
Greater Phoenix Economic Council
13

• Adolfson & Peterson 
Construction
	• Aerotek
	• Aetna
	• Archicon L.C. Architecture
	• Arizona Israel Technology 
Alliance 
	• Baker Development
	• Bell Bank
	• Blue Cross Blue Shield of 
Arizona
	• Bridge Relocation 
Concierge
	• Bryan Cave Leighton Paisner 
LLP
	• BRYCON Construction
	• Burns & McDonnell
	• CapRock Partners
	• Celgene Corporation
	• Colliers International
	• Commonwealth
	• Cresa
	• Crescent Crown Distributing
	• Crown Realty & 
Development
	• Cushman & Wakefield
	• Davis Architecture
	• Deloitte
	• Deutsch Architecture Group
	• Dircks Moving & Logistics
	• DPR Construction
	• El Dorado Holdings
	• EmployBridge
	• Equality Health
	• Everest Holdings
	• Expedient
	• FirstBank
	• Flinn Foundation
	• Freeport McMoRan Inc.
	• Graycor Construction
	• hardison/downey 
construction
	• Hensley 
	• Hines
	• Holualoa Companies
	• Immedia
	• IntraEdge
	• Irgens
	• JLL
	• Keyser
	• Layton Construction
	• Lee & Associates
	• Lincoln Property Company
	• Meritage Homes
	• MST Solutions
	• Nationwide Realty Investors
	• Northern Trust
	• Okland Construction
	• OneAZ Credit Union
	• Opus Development 
Company
	• Page
	• Phoenix Children’s Hospital
	• Preferred Lending Partners
	• Reliance Management
	• Renaissance Companies
	• Rexco 
	• Savills-Studley
	• Silicon Valley Bank
	• Skanska USA Building
	• SmithGroup
	• Social Television  
Network (STN) 
	• Southwest Airlines
	• Southwest Gas Corporation
	• Spencer Fane LLP
	• Sunbelt Holdings
	• StrataTech Education Group
	• Terracon
	• The Plaza Companies
	• Trammell Crow Company
	• Transwestern Commercial 
Services
	• Tratt Properties
	• Tuft & Needle
	• University of Arizona 
	• USAA
	• Veregy
	• ViaWest Group
	• Wespac Construction
	• Wexford Science + 
Technology
	• Willmeng Construction
	• Wist Office Products 
	• Acronis
	• Air Products and Chemicals
	• Arizona Community 
Foundation
	• Arizona Strategies
	• Atmosphere Commercial 
Interiors
	• AvenueWest Arizona 
Corporate Housing
	• Avnet Inc.
	• BNSF Railway
	• BOK Financial
	• Caliber Companies
	• Cancer Treatment 
Centers of America
	• Carvana
	• CoStar Group
	• Cypress Office Properties
	• DSV Inventory Solutions
	• Duffy Group, Inc.
	• Equity Land Group
	• Gammage & Burnham
	• Globe Corporation
	• Horrocks Engineers
	• Industrial Storage
	• KTAR
	• Lyft
	• Mangat Group, Inc.
	• Macerich
	• Merit Partners
	• Midwestern University 
	• MSS Technologies
	• National Bank of Arizona
	• Newmark Knight Frank
	• Northrop Grumman
	• Prologis
	• RED Development
	• Ryan Companies US Inc.
	• Saint Holdings
	• Stinson LLP
	• Sunstate Equipment 
Company
	• TerraCap Management
	• Van Trust Real Estate LLC
	• Western Governors 
University
Leadership Council 
Ambassador
Action Plan FY22
14

· Maricopa County 
	· Apache Junction 
	· Avondale 
	· Buckeye 
	· Casa Grande 
	· Chandler 
	· El Mirage 
	· Fountain Hills 
	· Gila Bend 
	· Gilbert 
	· Glendale 
	· Goodyear 
	· Maricopa 
	· Mesa 
	· Peoria 
	· Phoenix 
	· Queen Creek 
	· Scottsdale 
	· Surprise 
	· Tempe 
	· Tolleson 
	· Wickenburg 
	· Youngtown
Member 
Communities:
2 N. Central Ave. Suite 2500, Phoenix, AZ 85004  ///  602.256.7700  ///  gpec.org
Tucson 
Sky Harbor
International 
Airport
Tempe
Mesa
Gilbert
Chandler
Apache
Junction
17
17
40
8
60
60
202
202
101
51
101
101
303
30
Planned Extension
202
347
Casa
Grande
Maricopa
Fountain
Hills
Scottsdale
Phoenix
Tolleson
Glendale
Youngtown
Surprise
El Mirage
Peoria
Buckeye
Avondale
Goodyear
San Diego
Los
Angeles
Las Vegas
Albuquerque
85
0
Distance in Miles
5
10
s
Wickenburg
Gila Bend
30mi. NW
of Surprise
30mi. SW
of Buckeye
60
85
8
Queen
Creek
Phoenix-Mesa
Gateway
Airport

Page 1 of 1 
 
 
EXHIBIT B 
GPEC PERFORMANCE MEASURES 
FY 2022 
 
 
 
Specific performance targets as established by the GPEC Executive Committee and 
Board of Directors: 
 
1. Payroll Generated  
$384.37M 
2. Total Number of Jobs Created  
7,176 
3. Total Number of High-Wage Jobs1  
4,232 
4. Average High-Wage Salary  
$61,226 
5. GPEC Assists2 
10 
6. Number of Qualified Prospects  
239 
7. Number of Qualified International Prospects 
38 
 
Footnotes: 
 
1. 
High Wage Jobs: High wage jobs are those that are over 130% of the Phoenix MSA Median Wage (currently $51,246). 
 
2. 
GPEC Assists: Companies that located in the region, for which GPEC provided assistance, that do not qualify as a locate 
due to project size for example; and would otherwise be listed as “non-reported locates.”

Page 1 of 3 
 
EXHIBIT C 
TARGETED INDUSTRIES 
FY2022 
 
GPEC and our member communities have identified targeted industries on a local and regional level, 
incorporating these industries into a regional economic development plan. For fiscal year 2022, GPEC 
will continue its emphasis on the following: Advanced Business Services; Aerospace & Defense; 
Emerging Technologies; Healthcare and Biomedical; Manufacturing & Logistics; Mission Critical 
Operations; and Software 
 
Member communities will target the following: 
 
Apache Junction 
Business services; standard and advanced manufacturing; regional and corporate centers; medical 
institutions and/or associated satellite operations; mining support facilities; resort/tourist-oriented 
development; expanded retail opportunities; and high-density residential 
 
Avondale 
Financial business services; manufacturing; amateur sports; tourism and hospitality; healthcare/medical 
services; emerging technology and innovation; and corporate regional headquarters 
 
Buckeye 
Advanced business services; renewable energy; high tech (data center and services); environmental 
technology/sustainability; standard and advanced manufacturing; medical and educational institutions; 
logistics/transportation/distribution; small business/incubator; aerospace/aviation; and ag-tech 
 
Casa Grande 
Advanced manufacturing; automotive technology; transportation/logistics; healthcare/medical services; 
aviation/aerospace; and hospitality/entertainment 
 
Chandler 
Advanced business services; corporate/regional headquarters; advanced manufacturing; software 
development; aerospace/aviation; automotive technology; and applied research 
 
El Mirage 
Business Services; standard and advanced manufacturing; transportation; warehousing/distribution; heavy 
industrial; food, fiber, and natural products; and aerospace aviation 
 
Fountain Hills 
Advanced business services (professional, technical, and scientific services including finance and 
insurance); healthcare, medical, bio-life sciences and wellness; medical and educational institutions; arts, 
entertainment and recreation; and retail 
 
Gila Bend 
Clean technology (manufacturing/central station generation/R&D); 
warehousing/transportation/distribution; military supply chain; tourism/hospitality; standard 
manufacturing; agriculture/agri-biotechnology; food, fiber and natural products; aerospace/aviation; and 
heavy industrial

Page 1 of 1 
 
EXHIBIT D 
FY 2022 
REPORTING MECHANISM FOR CONTRACT FULFILLMENT 
 
 
Monthly Activity Report - Month, Year  
 
              BUSINESS ATTRACTION PERFORMANCE METRICS: 
 
GPEC Progress Toward Goals 
         
 
 
                                         Annual Contract          Actual           Goal             % of 
        Targeted Opportunities                                               Goal                      YTD            YTD         Goal YTD 
 
 
KEY BUSINESS ATTRACTION ACTIVITIES AND OTHER GPEC ACTIVITIES 
GPEC continues to target high-wage industries (Advanced Business Services; Aerospace & Defense; Emerging 
Technologies; Healthcare and Biomedical; Manufacturing & Logistics; Mission Critical Operations; and Software) 
 
PAYROLL GENERATED (MILLIONS) 
NUMBER OF JOBS 
NUMBER OF HIGH-WAGE JOBS 
AVERAGE  HIGH WAGE SALARY 
QUALIFIED PROSPECTS 
QUALIFIED INTERNATIONAL PROSPECTS 
GPEC ASSISTS

Page 1 of 3 
 
EXHIBIT E 
INSURANCE REQUIREMENTS 
 
The City’s insurance requirements are minimum requirements for this Agreement and in no 
way limit the indemnity covenants contained in this Agreement. The City in no way warrants 
that the minimum limits required of GPEC are sufficient to protect GPEC from liabilities that 
might arise out of this Agreement for GPEC, its agents, representatives, employees or 
Contractors and GPEC is free to purchase such additional insurance as may be determined 
necessary. 
 
A. 
Minimum Scope and Limits of Insurance.  GPEC shall provide coverage at least as 
broad as the categories set forth below with limits of liability in amounts acceptable to 
the City.   
 
1. 
Commercial General Liability - Occurrence Form 
(Form CG 0001, ed. 10/13 or any replacements thereof) 
 
General Aggregate/ per Project  
 
 
 
 
Products-Completed Operations Aggregate  
 
Personal & Advertising Injury 
 
 
 
 
Each Occurrence 
 
 
 
 
 
 
Fire Damage (Any one fire)   
 
 
 
Directors and Officers 
Medical Expense (Any one person)   
 
 Optional 
 
2. 
Automobile Liability - Any Auto or Owned, Hired and Non-Owned Vehicles 
(Form CA 0001, ed. 10/13 or any replacement thereof) Combined Single Limit 
Per Accident for Bodily Injury and Property Damage 
 
3. 
Workers' Compensation and Employers' Liability 
Workers' Compensation 
 
 
 
 
Statutory 
Employers' Liability 
 
 
 
B.       Self-insured Retentions.  Any self-insured retentions must be declared to and approved 
by the City.  If not approved, the City may request that the insurer reduce or eliminate such 
self-insured retentions with respect to City, its officers, officials, agents, employees and 
volunteers.

Page 1 of 2 
 
Regional Cooperation Protocol Policy 
Greater Phoenix Economic Council and Economic Development Directors Team 
 
The foundation of this policy is built on trust and the spirit of regional cooperation among the entities involved.  
GPEC and the Economic Development Directors of its member communities agree and acknowledge that it is 
important that they work together as partners on projects involving the communities which GPEC represents, 
regardless of the source of the lead, as follows: 
 
1. Demonstrate a commitment to the positive promotion of the Greater Phoenix, specifically, GPEC   
member communities, as a globally competitive region. 
 
2. Maintain the highest standards of economic development prospect handling, including confidentiality, 
without jeopardizing a prospect’s trust to secure the probability of a regional locate. Partners agree to 
respect the prospect’s request for confidentiality but also agree to notify each other as to the existence of 
a project with a confidentiality requirement when able and shall make a good-faith effort to involve the 
appropriate state, regional or local partners at the earliest possible time. 
 
3. Unless otherwise restricted, agree to coordinate through GPEC for any prospect considering a project in 
Maricopa County or in any of the communities that GPEC represents, understanding that GPEC is in a 
unique position to represent and speak on regional economic development issues and on characteristics 
of the region’s economy. Likewise, GPEC acknowledges that communities are in the best position to 
speak about local incentives and efforts surrounding the local economy. 
 
4. For projects that originate with a GPEC member community, GPEC will be available for confidential 
research access, topical expertise or as a service provider, to add value to the community in securing the 
project. Additionally, GPEC will not e-track the project unless the community lead makes such a 
request to do so. 
 
5. Provide accurate and timely information in response to specific requests by all prospects. When a client 
has narrowed sites to specific GPEC member communities, GPEC will make a good faith effort to 
inform those affected EDDT members first. EDDT members agree to provide information solely on 
their own community when the information requested is site-specific (i.e., cost of land, taxes, 
development fees, utility availability and cost, zoning process timing, permit timing and local 
incentives). When site-specific information related to other GPEC communities is requested, EDDT 
members agree to (i) direct GPEC prospects back to GPEC or (ii) direct non-GPEC generated prospects 
to contact the affected communities directly, and as a courtesy, contact the affected communities. 
 
6. Agree that regardless of the lead source, public locate announcements shall be coordinated among the 
company, GPEC member community, and GPEC to reflect inclusiveness and cooperation of all partners 
(subject to any confidentiality requirements). 
 
7. GPEC and EDDTs will advocate for a robust operating budget for the state economic development 
agency, and champion sound statewide economic development programs and policies. 
 
8. Discourage the proactive offering of local, municipal financial incentives for existing jobs to companies 
with current operations in another GPEC community. 
 
9. Inform GPEC member community when a company visits or physical site visit within that community 
will occur. Economic Development Directors will be the primary point of contact for the company when 
community information is needed. 
 
10. Agree that the consideration of a future community to GPEC’s membership will be brought before

Page 2 of 2 
 
EDDT for discussion in advance of any board consideration. EDDT will make a recommendation on the 
addition of a new community to GPEC’s President and CEO. 
 
11. Formalize a process to convene GPEC and Economic Development Directors of GPEC member 
communities biannually, and cooperate in the exchange of information and ideas reflecting practices, 
procedures and policies relating to prospect handling and regional economic development. 
 
12. Work collectively to maintain a high level of trust and integrity by and between GPEC and the 
Economic Development Directors of GPEC member communities, utilizing differing views as an 
opportunity to learn. 
 
13. When conducting market intelligence initiative objective, GPEC staff will coordinate with EDDT to 
ensure coordination and communication. 
 
14. When a Prospect Information Form (PIF) is issued by the state economic development agency GPEC 
will coordinate the region’s response.  All PIF submissions will be directed to GPEC’s attention and 
GPEC will assemble the response and return to the state economic development agency. 
 
15. It is understood GPEC will or may host annual executour(s) and/or other marketing familiarization 
tour(s) to promote the regional communities.  GPEC will make every attempt to provide as much 
interaction time between the executour guests and EDDTs.  It is understood EDDTS will inform GPEC 
of any upcoming executour(s) and/or other marketing familiarization tours scheduled by their office. 
 
16. Partners agree to enter into a mediation process if there is evidence that this Protocol has not been 
observed in a material respect or a professional conflict arises that cannot be settled. This mediation 
process will be convened by the EDDT Chair, who may, at his/her discretion, consult or involve 
GPEC’s President and CEO in addition to others with topical expertise central to the conflict.

Page 2 of 3 
 
C. Other Insurance Requirements.  The policies are to contain, or be endorsed to contain, the 
following provisions: 
 
1. 
Commercial General Liability 
 
a.  
The City, its officers, officials, agents, employees and volunteers are to be 
named as additional insureds with respect to liability arising out of: activities 
performed by or on behalf of GPEC, including the City's general supervision of 
GPEC; products and completed operations of GPEC; and automobiles owned, 
leased, hired or borrowed by GPEC. 
 
b.  
GPEC's insurance shall include broad form contractual liability coverage. 
 
c. 
 The City, its officers, officials, agents, employees and volunteers shall be 
additional insureds to the full limits of liability purchased by GPEC, even if those 
limits of liability are in excess of those required by this Agreement. 
 
d.  
GPEC's insurance coverage shall be primary insurance with respect to City, 
its officers, officials, agents, employees and volunteers.  Any insurance or self-
insurance maintained by City, its officers, officials, employees or volunteers shall 
be in excess of GPEC's insurance and shall not contribute to it. 
 
e.  
GPEC's insurance shall apply separately to each insured against whom 
claim is made or suit is brought, except with respect to the limits of the insurer's 
liability. 
  
 
f. 
 Coverage provided by GPEC shall not be limited to the liability assumed 
under the indemnification provisions of this Agreement. 
 
g. 
 The policies shall contain a waiver of subrogation against City, its officers, 
officials, agents, employees and volunteers for losses arising from work performed 
by GPEC for the City. 
 
2. 
Workers' Compensation and Employers' Liability Coverage.    The insurer shall 
agree to waive all rights of subrogation against City, its officers, officials, agents, 
employees and volunteers for any and all losses arising from work performed by 
the Contractor for the City. 
 
D.  
Notice of Cancellation.  Each insurance policy required by the insurance provisions of 
this Agreement shall provide the required coverage and shall not be suspended, voided, 
canceled by either party, reduced in coverage or in limits except after thirty (30) calendar 
days’ prior written notice has been sent to City at the address provided herein for the giving 
of notice.  Such notice shall be by certified mail, return receipt requested.

Page 3 of 3 
 
E.  
Acceptability of Insurers.  Insurance is to be placed with insurers duly licensed or 
approved unlicensed companies in the State of Arizona and with a "Best's" rating of not 
less than A-:VII.  City in no way warrants that the above required minimum insurer rating 
is sufficient to protect GPEC from potential insurer insolvency. 
 
F.  
Verification of Coverage.   GPEC shall furnish City with Certificates of Insurance 
(ACORD form or equivalent approved by City) and with original endorsements effecting 
coverage as required by this Agreement. The certificates and endorsements for each 
insurance policy are to be signed by a person authorized by that insurer to bind coverage 
on its behalf.  Any policy endorsements that restrict or limit coverage shall be clearly noted 
on the Certificate of Insurance. 
 
All certificates and endorsements are to be received and approved by City before work 
commences.  Each insurance policy required by this Agreement must be in effect at or prior 
to commencement of work under this Agreement and remain in effect for the duration of 
the project. 
 
All certificates of insurance required by this Agreement shall be sent directly to City at the 
address and in the manner provided in this Agreement for the giving of notice.  City's 
Agreement/Agreement number, GPEC's name and description of the Agreement shall be 
provided on the Certificates of Insurance. City reserves the right to require complete 
certified copies of all insurance policies required by this Agreement, at any time. 
 
G.   
Approval.  During the term of this Agreement, no modification may be made to any of 
GPEC's insurance policies which will reduce the nature, scope or limits of coverage which 
were in effect and approved by the City prior to execution of this Agreement.

Page 2 of 3 
 
Gilbert 
Aerospace/aviation and defense; advanced business and professional services; finance and insurance; 
healthcare and education services; information communication technology; manufacturing; clean and 
renewable technology; and related corporate/regional headquarters 
 
Glendale 
Advanced business services; aerospace, aviation and defense; healthcare and bioscience; manufacturing; 
technology and innovation 
 
Goodyear 
Advanced business services; advanced manufacturing and logistics; aerospace, aviation and defense; 
corporate and regional headquarters; entrepreneurial/start-ups; technology; healthcare and biomedical 
(treatment, medical diagnostics, research & development); and higher education 
 
Maricopa (City) 
Professional and business services; healthcare services; small business and entrepreneurship; higher 
education and education technology; agribusiness/agrisciences; and visitor/hospitality commerce 
 
Mesa 
Standard and advanced manufacturing including medical device; automotive technology and 
aerospace/aviation/defense; advanced business services; cybersecurity; information technology; 
healthcare/life sciences; mission critical operations; tourism; regional and corporate centers; and research 
& development 
 
Peoria 
Advanced business services; high technology (data centers, R&D); life sciences and healthcare 
technologies; advanced medical services; advanced and standard manufacturing; clean technologies 
research and manufacturing; entertainment and tourism 
 
Phoenix 
BioSciences/healthcare; advanced business services; advanced manufacturing; data centers; sustainable 
enterprises; emerging industries; higher education; trade and FDI; Circular economy; Food System 
Entrepreneurship and Innovation 
 
Queen Creek 
Agritainment/Destination Tourism; Healthcare; I.T./Software; Business Services; and Advanced 
Manufacturing 
 
Scottsdale 
Bio-life sciences; advanced business services; technology and innovation (including ICT and 
entrepreneurship/emerging enterprises); higher education; hospitality/visitor trade and commerce  
 
Surprise 
Advanced business services; advanced manufacturing and rail-served industry; corporate/regional 
headquarters innovation/entrepreneurship/emerging technology; medical, healthcare and life science 
technologies, services; specialty services for global companies/FDI; tourism and hospitality 
 
Tempe 
Advanced business services (financial services); high tech/software (R&D, data center and services); 
high-tech/next generation electronics; aerospace R&D/aviation; bioscience (research, drug development, 
treatment, medical diagnostics); corporate/regional headquarters; sustainability (environmental);

Page 3 of 3 
 
advanced materials/plastics; software as a service; clean tech, renewable energy and manufacturing 
 
Tolleson 
E-Commerce/fulfillment centers; resort/tourist-oriented development; expanded retail opportunities; small 
manufacturers with some related retail and offices 
 
Wickenburg 
Standard manufacturing; transportation & distribution; rail services; mining support facilities; healthcare 
and medical (emphasis on behavioral healthcare); senior industries; tourism and filmmaking (location 
shooting); resort/tourist-oriented development; equestrian entertainment; and expanded retail operations 
 
Youngtown 
Youngtown is in the throes of developing a commerce park. The park will target second-stage small 
manufacturers with some related retail and offices.