Supporting Document (5226031d...)

Item 18
cincoyNpii
REPORT
*
*
Meeting Date:
General Plan Element: 
General Plan Goal:
ACTION
June 23, 2026 
Economic Vitality
Foster economic and employment opportunities
Approve annual agreement with Greater Phoenix Economic Council. Adopt Resolution No. 13712 
authorizing General Funds in the amount of $122,915 for provision of regional economic 
development services and Approve Contract No. 2026-116-COS with the Greater Phoenix Economic 
Council.
BACKGROUND
Greater Phoenix Economic Council (GPEC) is Scottsdale's regional economic development partner 
for business attraction, market intelligence, and national and international marketing.
Since 1990, Scottsdale has participated in GPEC alongside Maricopa and Pinal Counties, 22 other 
communities, and more than 160 private-sector investors. The partnership gives Scottsdale access 
to regional business prospect leads, research, marketing support, foreign direct investment 
strategy, and input into GPEC's annual Action Plan.
For FY2027, Scottsdale's membership cost is $122,915, based on the Arizona Office of Economic 
Opportunity 2025 population estirnate of 251,000 and a per capita rate of $0.4897.
Over the past five years, GPEC has assisted 232 business locates in Greater Phoenix, including 18 in 
Scottsdale. Those Scottsdale projects represent 1,757 jobs, $430.7 million in capital investment, 
$349.3 million in new consumer spending, and $25.97 million in new direct revenue. GPEC 
estimates Scottsdale's five-year return on investment at 43:1.
The agreement allows Scottsdale to continue leveraging regional cooperation, business attraction 
resources, and broader market reach to support quality job growth and strategic economic 
development.
ANALYSIS & ASSESSMENT
Recent Staff Action
The City of Scottsdale is an active participant with GPEC and attends monthly meetings of the GPEC 
Board of Directors, Economic Development Directors, and various Ambassador meetings and
Action Taken
Blueink Bundle ID: UwdlNH6oS2

City Council Report | Annual contract with GPEC for economic development services
events. In addition, the Economic Development Department partners with GPEC on market 
intelligence visits, business attraction missions and collaborates on client visits along with the 
Arizona Commerce Authority.
Community Involvement
The local and regional business community remains an active participant and proponent of GPEC. 
The City of Scottsdale nominates two representatives of the business community to serve as 
members of the GPEC Board of Directors.
RESOURCE IMPACTS 
Available Funding
City investment in GPEC for the FY2027 fiscal year is $122,915. This full amount is included in the 
Economic Development FY 2026/27 budget.
STAFF RECOMMENDATION 
Recommended Approach
Adopt Resolution No. 13712, authorizing General Funds in the amount of $122,915 for provision of 
regional economic development services and approve Contract No. 2026-116-COS with the Greater 
Phoenix Economic Council.
RESPONSIBLE DEPARTMENT(S)
Economic Development
STAFF CONTACTS
Kevin Burke, Senior Director Economic Development & tourism, 480.312.2533, 
kburke@scottsdaleaz.eov
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Blueink Bundle ID; UwdlNH6oS2

City Council Report | Annual contract with GPEC for economic development services
APPROVED BY
ScotSclk
6/8/26 11:35 MST
Scott Selin, Budget Director 
Date
(For Financial Policies Compliance and Budget Appropriation) 
480-312-2603, sselin@scottsdaleaz.gov
Ksi/kSurli
6/8/26 12:16 MST
Kevin Burke, Senior Director Economic Development & Tourism Date 
480-312-2533, kburke(5)scottsdaleaz.gov
Judy Doyle, Deputy City Manager 
480-312-2691, idovle(5)scottsdaleaz.gov
6/9/26 13:46 MST
Date
6/8/26 11:02 MST
Greg Caton, City Manager 
480-312-2850, gcaton@scottsdaleaz.gov
Date
ATTACHMENTS
1. Resolution No. 13712
2. Contract No. 2026-116-COS
Page 3 of 3
Blueink Bundle ID: UwdlNH6oS2

RESOLUTION NO. 13712
A RESOLUTION OF THE COUNCIL OF THE CITY OF SCOTTSDALE,
MARICOPA COUNTY, ARIZONA, AUTHORIZING EXECUTION OF CONTRACT
NO. 2026-116-COS WITH THE GREATER PHOENIX ECONOMIC COUNCIL
(GPEC) FOR REGIONAL ECONOMIC DEVELOPMENT MARKETING
SERVICES IN THE AMOUNT OF $122,915.
WHEREAS, City of Scottsdale, Arizona (the “City”) and the Greater Phoenix Economic 
Council (“GPEC”) desire to enter into Contract No. 2026-116-COS for GPEC to provide Regional 
Economic Development Marketing Services to the City in FY 2026/27.
WHEREAS, City desires to provide $122,915 in general funds to GPEC for fiscal year 
2026/27 so that GPEC can administer regional economic development marketing programs for 
the City pursuant to the terms of the contract.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Scottsdale, Maricopa 
County, Arizona, as follows:
Section 1. The Mayor is hereby authorized and directed to execute Contract No. 2026- 
116-COS on behalf of the City.
PASSED AND ADOPTED by the Council of the City of Scottsdale, Maricopa County, 
Arizona, on this_____day of_____________________, 2026.
ATTEST:
CITY OF SCOTTSDALE, an Arizona 
municipal corporation
Ben Lane, City Clerk
APPROVED AS TO FORM: 
<'
Lisa Borowsky, Mayor
Luis E. Santaella, City Attorney 
By: William Hylen 
Deputy City Attorney
19231947
Page 1 of 1
ATTACHMENT 1

AGREEMENT BETWEEN
THE GREATER PHOENIX ECONOMIC COUNCIL AND THE CITY OF
SCOTTSDALE
The City Council of the CITY OF SCOTTSDALE, 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. 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, 2026 - June 30, 2027 ("FY2027").
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.
C.
2. Leveraging public and private allies and resources to locate qualified prospects, 
improve overall competitiveness, and sustain organizational vitality.
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 shall 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 shall 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 and Expansion 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 summary of the Action Plan is attached hereto as
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ATTACHMENT 2
Contract No. 2026-116-COS

Exhibit A ("GPEC Action Plan"). GPEC shall inform the City 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 activities described in the Action Plan as required by 
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: 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 31,2026.
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. 
Either of the preceding conditions will constitute an event of default for which the 
City may terminate this Agreement pursuant to paragraph IV(J) below.
n.
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 City determines the lead to be 
appropriate for the community. If the City responds, 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;
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Contract No. 2026-116-COS

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 databases 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 may, at its sole option, deliver to GPEC copies of any City-approved 
economic development strategies, 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.
in. 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 the prospect's corporate 
location.
B. 
COMMUNICATION PROCESS RELATED TO BUSINESS RETENTION AND 
EXPANSION:
1. GPEC and the City agree that that expansion of existing businesses within 
Scottsdale is first and foremost a local issue, and that GPEC will support the 
City's efforts to retain and expand existing businesses through coordinating
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Contract No. 2026-116-COS

regional support and providing research on key retention and expansion 
projects upon request of the City.
C.
COMPENSATION:
1. 
The City agrees to pay $122,915 for services to be provided by GPEC 
pursuant to the Agreement during the fiscal year ending on June 30, 2027, 
as set forth in this Agreement. This amount is based on $.4897 per capita, 
based upon the 2025 Arizona Office of Economic Opportunity population 
estimate, which listed the City as having a population of 251,000. 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; and
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 1(E) above no later than December 31,2026, 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 Fulfillment") attached hereto, are to be submitted to 
the address listed under paragraph IV(P).
D.
COOPERATION:
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 FY2027. 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 FY2028 
contract.
3. 
The City agrees to work with GPEC during FY2027 to develop a revised public 
sector funding plan, including a regional allocation formula, for FY2028, if 
determined by the parties to be necessary or appropriate.
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Contract No. 2026-116-COS

TV. 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 contract 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 immediately 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 Scottsdale 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 agrees that any such obligation may 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 of noeffect.
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 no GPEC employee, director or agent shall be considered 
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. 
INDEMNIFIC ATION AND HOLD HARMLESS: During the term of this Contract, 
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, including 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, 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 and with GPEC's knowledge and consent.
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 shalll give to GPEC a reasonable opportunity to defend the same at its own 
expense and with counsel reasonably satisfactory to the indemnified party.
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
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Contract No. 2026-116-COS

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 one (I) calendar day written notice to GPEC, 
terminate this Agreement 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.
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 placed 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 
My work covered by this Agreement, provided that the foregoing provisions 
shall not apply to Agreements or subcontracts for standard commercial supplies 
or new materials.
I.
4. Upon request by the City, GPEC shall provide City with information and data 
concerning action taJcen 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.
COMPLIANCE WITH FEDERAL AND STATE LAWS: GPEC understands and 
acknowledges the applicability of the American with Disabilities Act, the Immigration
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Contract No. 2026-116-COS

Reform and Control Act of 1986, the Drug Free Workplace Act of 1989, A.R.S. § 34- 
301, "Employment of Aliens on Public Works Prohibited," and A.R.S. § 34-302, as 
amended, "Residence Requirements for Employees," and agrees to comply therewith in 
performing under any resultant agreement and to permit City inspection of its records 
to verify such compliance. GPEC will include the terms of this provision in all contracts 
and subcontracts for work performed for the City under this Agreement, including 
supervision and oversight.
1. 
Under the provisions of A.R.S. §41-4401, GPEC warrants to the City that GPEC
and all its subcontractors performing work for the City will comply with all 
Federal Immigration laws and regulations that relate to their employees and that 
GPEC and all its subcontractors performing work for the City now comply with 
the E-Verify Program under A.R.S. §23-214(A).
2. 
A breach of this warranty by GPEC or any of its subcontractors performing 
work for the City will be considered a material breach of this Agreement and 
may subject GPEC or any subcontractor performing work for the City to 
penalties up to and including termination of this Agreement or any subcontract.
3. 
The City retains the legal right to inspect the papers of any employee of GPEC 
or any subcontractor who performs work for the City under this Agreement to 
ensure that GPEC or any subcontractor performing such work is complying 
with the warranty given above.
4. 
The City may conduct random verification of the employment records of GPEC 
and any of its subcontractors performing work for the City to ensure compliance 
with this warranty.
5. 
The City will not consider GPEC or any of its subcontractors performing work 
for the City under this Agreement in material breach of this Agreement if GPEC 
and any subcontractors performing work for the City under this Agreement 
establish that they have complied with the employment verification provisions 
prescribed by 8 USCA §1324(a) and the Federal Immigration and Nationality 
Act and the E-Verify requirements prescribed by A.R.S. §23-214(A). The "E- 
Verify Program" means the employment verification pilot program as jointly 
administered by the United States Department of Homeland Security and the 
Social Security Administration or any of its successor programs.
6. 
GPEC agrees to include the provisions of this section in any contract GPEC 
enters into with any and all of its subcontractors who provide services to the 
City under this Agreement. "Services" are defined as furnishing labor, time or 
effort in the State of Arizona by a contractor or subcontractor for the City. 
Services include construction or maintenance of any structure, building or 
transportation facility or improvement to real property for the City. GPEC will 
take appropriate steps to assure that all subcontractors performing work for the 
City comply with the E-Verify Program. The City may consider GPEC's failure 
to assure compliance by all its subcontractors performing work for the City with 
the E- Verify Program a material breach of this Agreement.
7. 
GPEC acknowledges that, pursuant to the Americans with Disabilities Act
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Contract No. 2026-116-COS

(ADA), programs, services and other activities provided by a public entity to 
the public, whether directly or through a contractor, must be accessible to the 
disabled public. GPEC will provide the services specified in this Agreement in 
a manner that complies with the ADA and My and all other applicable federal, 
state and local disability rights legislation. GPEC agrees not to discriminate 
against disabled persons in the provision of services, benefits or activities 
provided under this Agreement and further agrees that any violation of this 
prohibition on the part of GPEC, its employees, agents or assies will constitute 
a material breach.of this Agreement.
8. In accordance with Arizona Revised Statutes § 35-394, GPEC hereby certifies 
and agrees that GPEC does not currently and shall not for the duration of this 
Agreement use 1) the forced labor of ethnic Uyghurs in the People’s Republic of 
China, 2) any services or goods produced by the forced labor of ethnic Uyghurs 
in the People’s Republic of China, and/or 3) any suppliers, contractors or 
subcontractors that use the forced labor or any services or goods produced by the 
forced labor of ethnic Uyghurs in the People’s Republic of China. If GPEC 
becomes aware during the term of this Agreement that GPEC is not in compliance 
with this Section, then GPEC shall notify the City within five (5) business days 
after becoming aware of such noncompliance. If GPEC does not provide the City 
with written certification that GPEC has remedied such noncompliance within 
one hundred eighty (180) days after notifying the City of such noncompliance, 
this Agreement shall terminate, except that if the Agreement termihatibn date 
occurs before the end of such one hundred eighty (180) day remedy period, this 
Agreement shall terminate on such contract termination date.
J. TERMINATION: City shall have the right to terminate this Agreement if GPEC fails 
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 foregoingnotwithstanding, in the event of circumstances which render 
GPEC: incapable of providing the services required to be perfonned 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. The City may 
terminate this Agreement with 30 days’ written notice, however in the event of a 
termination for convenience, the City will remain responsible for all payments 
under section III(C).
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Contract No. 2026-116-COS

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 reinibursement 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 resolyed, 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 competentjurisdiction.
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/CONTRACT ADMINISTRATOR: 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:
Kevin Burke, Senior Director Economic Development &. 
Tourism
7447 East Indian School Rd., Suite 301 
Scottsdale, AZ 85251
Mr. Burke shall be the City's Contract Administrator for this Agreement.
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If to GPEC: 
Christine Mackay
President and Chief Executive Officer 
Greater Phoenix Economic Council 
Two North Central Avenue,, Suite 
2500 Phoenix, Arizona 85004-4469 
(602) 256-7700 
FAX: (602) 256-7744
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 paragraph.
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. 
ISRAEL BOYCOTT PROVISION: 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.
S. 
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 for 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 GPEC or for any amount which may become due to the City or successor, or for 
any obligation under the terms of this Agreement.
T. 
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.
U. 
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.
V. 
CAPTIONS: The captions contained in this Agreement are merely a,reference and 
are not to be used to construe or limit the text.
W. 
No THIRD PARTY BEj^FICIARlES: 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.
19238125
Page 10 of 12
Contract No. 2026-116-COS

X. 
ENTIRE AGREEMENT, WAIVERS AND AMENDMENTS: This Agreement 
may be executed in up to three (3) duplicate originals, each of which is deemed to 
be an original. This Agreement, including 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 Fulfilment 
Exhibit E - Insurance Requirements 
Exhibit F - Regional Cooperation Protocol
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
All wai vers 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.
Y. 
TERM AND APPROVALS: GPEC and the City agree that Agreement shall be 
effective on July 1, 2026 and shall expire on June 30, 2027. The City's Economic 
Development Director shall.approve all invoiees prior to payment.
IN WITNESS WHEREOF, the parties hereto have executed the Agreement this____ day of
_________ _, 2026.
CITY OF SCOTTSDALE, 
a municipal corporation
GREATER PHOENIX ECONOMIC COUNCIL, 
an Arizona nonprofit corporation
By:____________ ___
Lisa Borowsky, Mayor
By:_____________________
Christine Mackay, President & 
Chief Executive Officer
ATTEST:
Ben Lane, City Clerk
19238125
Page 11 of 12
Contract No. 2026-116-COS

CITY OF SCOTTSDALE REVIEW;
APPROVED AS TO FORM;
Luis Santaella, City ^omey 
By; William Hylen 
Deputy City Attorney
Kevin ®urke
Senior Director Economic Development & Tourism
19238125
Page 12 of 12
Contract No. 2026-116-COS

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Exhibit A to Contract No. 2026-116-COS 
1 of 12

ACTION PLAN FY27
Letter from Christine Mackay
^resident & CEO
As we near the completion of my first 
fiscal year as GPEC President & CEO 
and direct my first action plan, I am 
awestruck by the work of the team and 
the support from our partners. This 
year, Greater Phoenix has seen billions 
of dollars of expansion, the debut of 
mega-events like SEMICON West and 
the Forbes 30 Under 30 Summit, and 
the launch of a new brand initiative 
redefining the perceptions of our 
region. Greater Phoenix is on the 
global map like never before.
I am proud to say that GPEC met or 
exceeded its metric goals in FY26 and 
built upon its FY26-FY28 vision, 
notably enabling high-value
investments build upon our 
advanced technology ecosystem. 
Attendance at global summits and 
delegations, new foreign direct 
investment, and the opening of new 
trade offices locally has allowed 
Greater Phoenix to continue its 
momentum.
There is still work to be done. Greater 
Phoenix is forecasted to avoid a 
recession that threatens domestic 
economies, but we must continue our 
work to diversify industries and 
coordinate with our education leaders 
to ensure the talent pool remains 
competitive for today and tomorrow's 
hiring needs.
Economic development continues to 
grow more complex, and through 
community support and educational 
outreach, we can help advance 
education and workforce initiatives, 
water planning and messaging, and 
use data to inform anti-growth 
sentiments. By continuing to 
prioritize infrastructure development, 
investments by advanced technology 
companies, and growing global 
recognition of the region. Greater 
Phoenix will continue to flourish. I'm 
grateful for the support over the last 
eight months and looking forward to 
the work to come.
"This year, Greater Phoenix has seen billions of dollars of expansion, the debut 
of mega-events like SEMICON West and the Forbes 30 Under 30 Summit, and 
the launch of a new brand initiative redefining the perceptions of our region."
Exhibit A to Contract No. 2026-116-COS 
2of12
ar
Christine Mackay
President & CEO
G>
2

ACTION PLAN FY27
Driven by Mission. 
Grounded in Partnership.
[OUR MISSION]
To attract and grow quality 
businesses, and advocate for 
Greater Phoenix's competitiveness.
[OUR VALUES]
We exist to serve 
and enhance our 
connmunity.
, I
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‘.I
We are comnnitted 
to excellence in 
execution.
Our ability to innovate, 
collaborate and adapt 
sets us apart.
G>
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Exhibit A to Contract No. 2026-116-COS 
3 of 12

ABOUT GPEC
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22 cities and towns, 
Maricopa & Pinal counties
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Greater Phoenix 
Represents 
78.4% of the 
State's Econonny
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Exhibit A to Contract No. 2026-116-COS 
4of12

FY26-FY28 Vision
3e the leading market for high-value 
investments and growth for local, national 
and international businesses with an eye 
to the industries of the future, enabling 
smart growth and advancing prosperity 
for the people of Greater Phoenix.
5
Exhibit A to Contract No. 2026-116-COS 
5 of 12

ACTION PLAN FY27
FY26-28 Strategic Plan Goals
Goal 1
Build an internationally 
recognizable regional brand as a 
market uniquely positioned for 
high-impact industries and 
growth driven by innovation.
Goal 2
Advance the region through 
future-focused investments and 
infrastructure, robust support for 
the startup ecosystem, and best- 
in-class support for expanding 
and relocating firms.
Goal 3
Ensure GPEC is nimble in 
executing its mission as 
markets, technologies and the 
region continue to evolve.
Strategic 
Plan Goals
FY26.28
Strategic 
Plan Goals
FY27 Action
Plan
& Tactics
Exhibit A to Contract No. 2026-116-COS 
6 of 12
:• !;
Strategic 
Plan Goals
G>
6

ACTION PLAN FY27
^ • Build an internationally recognizable regional brand as a market uniquely
positioned for high-impact industries and growth driven by innovation.
Strategy 1:
Reiterate and widely distribute a consistent 
narrative that Greater Phoenix is the 
destination for high-value, future-focused 
industries and top talent.
Strategy 2:
Build on existing international interest to 
define the market as a global hub for 
innovation that is agile and ready to address 
the needs of emerging opportunities.
Strategy 3:
Advocate for smart growth focused on 
high-value, sustainable industries that will 
drive long-term regional success.
Tactics:
Tactics:
Tactics:
• Provide clear narratives for stakeholders 
regarding key issues impacting the region 
including water, air quality, power, artificial 
intelligence, and the value of economic 
development - countering misinformation 
about the market
Create a stronger brand position for future 
industries such as eVTOL, Quantum, 
Biosciences, and National Security 
Innovation
Utilize the "A New Way to City" initiative to 
generate a recognizable regional brand 
that reaches beyond traditional economic 
development messaging
• Monitor federal and international 
developments to adjust attraction strategies
• Build a coalition to support attraction of 
industry conferences that highlight the 
region
• Explore new international market 
opportunities aligned with critical industry 
focus sectors
Leverage signature events like WM Phoenix 
Open and Forbes 30u30 to amplify regional 
messaging
Identify and pursue the supply chain of 
critical sectors such as battery manufacturing 
and advanced air mobility
Exhibit A to Contract No. 2026-116-COS 
7 of 12
• Continue to actively engage federal 
leadership to drive outcomes from FY26 
DC Trip
• Articulate to local elected officials the 
importance of economic development for 
future regional success
• Convene to share best practices and 
innovative solutions to infrastructure needs
G>
7

ACTION PLAN FY27
2* Advance the region through future-focused investments and infrastructure, robust support for
the startup ecosystem and best-in-class support for expanding and relocating firms.
Strategy 1:
Identify and advocate for 
the policy and infrastructure 
needed to be the leading 
market for the industries 
of the future.
Tactics:
Create a clear case for the 
infrastructure to support the 
needs of cutting-edge 
companies and long-term 
regional health 
Connect and align GPEC 
activities with federal 
priorities for investment
Strategy 2:
Expand and share expertise 
to support companies 
investing in the region 
throughout the increasingly 
complex project processes.
Tactics:
Provide concierge services to 
assist project development 
through community processes 
Plug in to regional and state­
wide initiatives to address 
common project issues 
Capture the benefit of grovrth 
of both newly located and 
existing companies through 
GPEC's assistance
Strategy 3:
Streamline the regional 
economic development 
system to provide 
comprehensive support.
Tactics:
• Partner with universities and 
community colleges to map 
regional talent, R&D assets, 
and high-demand workforce 
pipelines
Identify gaps in the 
ecosystem to understand 
where GPEC and/or peers 
can provide value without 
being duplicative
Strategy 4:
Increase regional investments 
into the innovation 
ecosystem that enable both 
legacy companies and 
startups to thrive.
Tactics:
Engage VC, Family Offices, PE 
firms to attract investment in 
local companies
• Elevate stories of successful 
local entrepreneurs and 
narratives on startup success as 
part of "A New Way to City"
• Provide tailored assistance to 
scale-ready startups to 
connect investors
G}
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Exhibit A to Contract No. 2026-116-COS 
8 0112

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ACTION PLAN FY27
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Ensure GPEC is nimble in executing its mission as markets, 
w* technologies and the region continue to evolve.
Strategy 1:
Strategy 2:
Strategy 3:
Leverage GPEC's network expertise to 
cultivate high-value touchpoints and 
relationships that further the reach and 
influence of the organization.
Tactics:
• Identify unique assets in GPEC's investor 
network that can be leveraged to 
execute against the mission
• Utilize the network to identify new 
investor opportunities
Enhance long-term positioning by 
differentiating GPEC's unique 
value proposition for stakeholders 
in the community.
Tactics:
• Highlight the expertise unique to GPEC
• Engage external partners to validate 
internal priorities, move the needle on 
regional priorities
Ensure strategic talent and resource 
alignment to deliver excellence in the 
execution of key priority pillars.
Tactics:
• Maintain a strong financial position
• Ensure cross-team prioritization is 
clear to drive top-line outcomes
• Double down on the unique support 
GPEC can provide communities in 
execution of priorities
Exhibit A to Contract No. 2026*116-COS 
9 of 12
9

ACTION PLAN FY27
Metrics and 
Budget Overview
In FY27, GPEC is maintaining metrics consistent with the previous 
fiscal year. Prospect activity is expected to remain steady. The 
region continues to see projects that have high capital investment 
and wages, but smaller phase one job counts than historical 
averages. While there continues to be uncertainty in national 
markets that may create longer decision timeframes for projects, 
Greater Phoenix is poised to weather economic headwinds better 
than most regions.
Payroll (in Millions)
Contract
Target
Stretch
$354.65
$394.06
$433 47
Jobs (Phase 1)
5,670
6.300
6,930
High-Wage Jobs
3,151
3,502
3,852
Average High-Wage Salary
$79,022
$87,802
$96,582
Qualified Prospects
233
258
283
Qualified International Prospects
48
53
58
GPEC Assists
10
12
14
Community ROI
18:1
20:1
22:1
Stakeholder Satisfaction with Business Attraction^
Stakeholder Satisfaction with Competitive Position^
7.0
7.3
76
7.0
73
7.6
Revenues
City/County Contract Revenue
Pledge Revenue
New Pledges
In-Kind Contributions
Special Events & Programs
Sponsorship Income
Grant Income
Other Income
TOTAL REVENUE
Expenses
Business Development
Marketing & Communications
Research St Analytics
Engagement
Regional Initiatives
Operations
Personnel
Facilities
Special Events 8i Programs
TOTAL EXPENSES
NET INCOME/(LOSS)
Proposed
FY2027
Approved
FY2026
YOY 
Var. $
$3,252,034
$3,210,154
$41,880
$3,633,000
$3,898,350
$(265,350)
$300,000
$250,000
$50,000
$140,000
$140,000
$165,000
$(165,000)
$463,500
$363,500
$100,000
$144,000
$83,000
$61,000
$270,000
$15,000
$255,000
$8,202,534
$8,125,004
$77,530
Proposed
FY2027
Approved
FY2026
YOY
Var.S
$962,081
$864,527
$97,554
$1,024,743
$463,443
$561,300
$288,354
$284,242
$4,112
$148,866
$152,568
$(3,702)
$200,624
$128,413
$72,211
$392,992
$411,983
$(18,991)
$5,513,292
$5,551,200
($271)
$346,423
$522,599
$(176,177)
$104,000
$283,000
$(179,000)
$8,981,375
$8,661,975
$319,400
$(778,840)
$(536,971)
$(241,869)
YOY
Var.%
1%
(7%)
20%
0%
(100%)
28%
73%
1,700%
(1%)
YOY
Var.%
11%
121%
1%
(2%)
56%
(5%)
0%
(34%)
(63%)
(4%)
45%
1 ROI is calculated as a ratio of direct revertue from GPEC locates divided by funding from GPEC member communities.
2 Average result from respondents of EDDT and Board of Directors end-of-year surveys.
Exhibit A to Contract No. 2026-116-00$ 
10 of 12
10

ACTION PLAN FY27
Investors
Builder Level
Visionary Level
Oaps Jwi^
Champion Level
CARLISLE
JPMorganQiase
Accelerator Level
COX
BUSINESS'
FLINN
KMIM3*riQN
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^^Univenity 
T(^of Phoffti*
AECOM Hunt 
American Airlines 
Arizona Diamondbacks 
Bank of America 
Banner Health 
BOK Financial 
Bridge Relocation 
Concierge
Brookfield Residential
CBRE
Chicanos Por La Causa 
Creighton University 
Desert Financial Credit 
Union
Dignity Health 
Dorsey & Whitney 
DSV
Empire Southwest 
Equity Land Group 
Holdings/Anzona Land 
Consulting 
Ernsts Young 
Freeport-McMoRan Inc. 
Goodmans Interior 
Structures
Grand Canyon University
Helios
Honeywell
HonorHealth
Idealab Arizona
Insight North America
Intel Corporation
Kitchell
LifeKind Health 
M Culinary 
Mayo Clinic 
Meade Engineering 
MidFirst Bank 
Mortenson
• Perkins Coie LLP
• Phoenix Suns and 
Phoenix Mercury
• Pivotal Group
• Quarles & Brady
• Snell StWilmer LLP
• STORE Capital 
. Taft
• U.S. Bank
• Valley Metro
• Vitalant
• Weitz Company
• Western Alliance Bank
• Willmeng Construction
Advocate Level
• Affiliated Engineers
• Air2o
• Alston Construction
• Amkor Technology
• Archicon L.C. 
Architecture
• Arizona Community 
Foundation
• Axios
• Baker Development
• Bell Bank
• Blue Cross Blue Shield 
of Arizona
• BMO
• Bremik Construction
• Bristol Myers Squibb 
. BRPH
• Brycon Construction
• CapRock Partners
• CG Schmidt
• Clayco
• Colliers International
• Commonwealth Land 
Title National 
Commercial Services
• Cousins Properties, Inc.
• Cresa
• Cushman & Wakefield
• Davis Architecture
• Deloitte
• Deutsch Architecture 
Group
• DFDG Architecture
• DLR Group
• DP Electric
• DPR Construction
• El Dorado Holdings
• Elonlec
• EmployBridge
• Enterprise Bank & Trust
• EPCOR
• FCL Builders
• FirstBank
• Gammage & Burnham
• GCON
• Gensler
• Global Roofing Group
• Gray Construction
• Graycor Construction
• Haydon Companies
• HDR
• Holland & Hart LLP
• Holualoa Companies
• Howard Hughes 
Corporation
• immedia
• JLL
• Keyser
• Land Advisors 
Organization
• Langan Engineering 
and Environmental 
Services
Lee & Associates 
Lincoln Property 
Company
Mack Real Estate Group 
Mastek
Meritage Homes 
MMR Constructors, Inc. 
National Bank of 
Arizona
Ninyo & Moore, A 
Socotec Company 
Okland Construction 
Olsson
OneAZ Credit Union 
Opus Development 
Company 
Partners Personnel 
Pathward
PCL Construction Inc 
Phoenix Children's 
Hospital
Professional Piping
Systems
R.O.I. Properties
Rehrig Pacific Company
Renaissance
Construction
Resolution Copper
Mining
Rexco, LLC
Rider Levett Bucknall
RK Logistics
RSM
Ryan Companies U.S. 
Inc.
Skanska 
SmithGroup 
Southwest Gas 
Corporation 
Spencer Fane LLP 
SRS Real Estate Partners
• Stevens-Leinweber 
Construction
• Sunbelt Holdings
• Sundt Construction
• Suntec Concrete
• Taiwan 
Semiconductor 
Manufacturing 
Company {TSMC)
• Terracon
• The AES Corporation
• The PENTA Building 
Group
• The Plaza Companies
• Trammell Crow 
Company
• Transwestern 
Commercial Services
• University of Arizona
• Valley of the Sun 
United Way
• ViaWest Group
• Wespac 
Construction, Inc
• WestPac Wealth 
Partners
• Wexford Science + 
Technology
• Wist Office Products
Supporter Level
• Actalent
■ Air Products and 
Chemicals, Inc.
• AppleOne
• Atmosphere 
Commercial Interiors
Avnet Inc.
Bechtel
BNSF Railway
Carvana
City of Hope
Columbia Bank
Comcast Business
Concumer Cellular
CoStar Group
Crescent Crown
Distributing
Cypress Office
Properties
De Rito Partners
Development
Globe Corporation
Halff
Hines
Industrial Storage
Kraus-Anderson
Construction Company
Macerich
Merit Partners
Meta
Nationwide Realty 
Investors
Orion Group Holdings, 
Inc.
Overland Group Inc. 
Prologis
RED Development 
Social Television 
Network (STN)
Sunstate Equipment
Company
Tekletics
The Austin Company 
Trinity Capital 
Investments 
Union Pacific Railroad 
VanTrust Real Estate LLC
As of May 19, 2026
G>
11
Exhibit A to Contract No. 2026-116-COS 
11 of 12

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Exhibit A to Contract No. 2026-116-COS 
12 of 12

Exhibit B
GPEC Performance Measures 
FY 2027
Specific performance targets as established by the GPEC Executive Committee and 
Board of Directors:
1. Payroll Generated
2. Total Number of Jobs Created
3. Total Number of High-Wage Jobs'
4. Average High-Wage Salary
5. GPEC Assists*
6. Number of Qualified Prospects
7. Number of Qualified International Prospects
8. Community Return on Investment^
9. Stakeholder Satisfaction with Business Attraction*
10. Stakeholder Satisfaction with Competitive Position^
$354.65M
5,670
3,151
$79,022
10
233
48
18:1
7.0
7.0
Footnotes:
1. 
High Wage Jobs; High wage jobs are those that are over 130% of the Phoenbc MSA Median Wage (currently $64,792)
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”
3. 
ROl is calculated as a ratio of direct revenue from GPEC locates to all member communities divided by funding from GPEC 
member communities
4. 
Average result from respondents of EDDT and Board of Directors end-of-year surveys
5. Average result from respondents of EDDT and Board of Directors end-of-year surveys
Page 1 of 1
Exhibit B to Contract No. 2026-116-COS

Exhibit C
Targeted Industries 
FY2027
GPEC and our member communities have identified targeted industries on a local and regiond level, 
incorporating these industries into a regional economic development plan. For fiscal year 2026, GPEC 
will continue its emphasis on the following: Advanced Business Services; Aerospace 4&,Defense; Battery 
& Energy Storage; Emerging Technologies; Healthcare and Biomedical; Manufacturing «& Logistics; 
Mission Critical Operations; Semiconductor Ecosystem; and Software.
Member communities will target the following:
Apache Junction
Advanced Manufacturing, Standard Manufacturing, R&D, Cbrporate/Regional Headquarters, Healthcare, 
Mining (Supply Chain & Servicing), Aerospace, and Hospitality/Entertainment
Avondale
Healthcare; hospitality/tourism; manufacturing & logistics, technology; retail & entertainment; and 
technology
Buckeye
Advanced Manufacturing, Energy, Distribution & Logistics, Mission Critical, Retail, Entertainment & 
Hospitality, Healthcare, Aviation, Entrepreneurship, and Higher Education.
Casa Grande
Advanced manufacturing; automotive technology; transportation/logistics; healthcare/medical services; 
aviation/aerospace; and hospitality/entertainment
Chandler
Advanced business services; corporate/fegional headquarters; healthcare; 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
Assembly (small scale), biosciences, financial services, healthcare, hospitality, retail and start ups
Gila Bend
Clean technology (manufacturing/central station generation/R&D);
warehousing/transportation/distribution; military supply chain; tourism/hospitality; standard 
manufacturing; agriculture/agri-biotechnplogy; food, fiber and natural products; aerospace/aviation; and 
heavy industrial
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
Page 1 of3
Exhibit C to Contract No. 2026-116-COS

Glendale
Advanced business services; aerospace, aviation and defense; healthcare and bioscience; manufacturing; 
technolo^ and innovation
Goodyear
Retail, Entertainment & Hospitality,.Life Sciences, Small Business, Advanced Manufacturing, Advanced 
Business Services, and Technology.
Maricopa (City)
Advanced industrial manufacturing: semiconductors, automotive, EV manufacturing, high tech, and 
supply chain; research and development; professional and business services; healthcare services; small 
business and entrepreneurship; hi^er education and education technology; agribusiness/agrisciences; and 
visitor/hospitality commerce.
Mesa
Standard and advanced manufacturing including medical device; research & development; automotive 
technology and aerospace/aviation/defense; advanced business services; cybersecurity; information 
technology; healthcare/life sciences; mission critical operations; tourism; regional and corporate centers; 
and climate tech
Peoria
Advanced business and financial services; semiconductor and advanced manufacturing; bioscience and 
healthcare; technology and innovation; and research and development
Pinal County
Advanced Manufacturing; Aerospace, Aviation and Defense; Electric Vehicle Technology & 
Manufacturing; Healthcare; Bio/Life Sciences; Transportation, Distribution & Logistics; Natural and 
Renewable Resources (Mining, Agriculture, Solar); and Tourism/Hospitality
Phoenix
Biosciences and healthcare; advanced manufacturing; aerospace and defense including advanced air 
mobility; electric and autonomous vehicles; advanced business services; emerging technologies, FDI and 
trade; circular economy; and entrepreneurship and innovation
Queen Creek
Advanced manufacturing and electrification supply chain; Energy, grid, and infi-astructure services; 
logistics .and industrial services; Digital, IT and business operations services; and agricultural and 
destination economy
Scottsdale
IT services and software; financial and insurance services and technology; healthcare services and 
innovation; tourism; and corporate headquarters
Surprise
Advanced Manufacturing; Corporatej Regional & Operational Headquarters; Business & Professional 
Services; Healthcare, Medical Services & Life Science Support; Innovation, Entrepreneurship & 
Emerging Technology; Destination Retail, Dining & Experiential Development; Tourism, Sports & 
Hospitality; and International Business & Investment (FDI).
Tempe
Advanced Business Services, Advanced Manufacturing, Aerospace and Defense, BioScience and
Page 2 of3
Exhibit C to Contract No. 2026-116-COS

BioTechnology, Semiconductor and Supply Chain, Tourism and Hospitality
Xolleson
E'Commerce/fulfillment centers; resort/tourist-oriented development; expanded retail opportunities; small 
manufacturers with some related retail and offices
Wickenburg
Resort/toimst-oriented development; healthcare with an emphasis on behavioral health; transportation & 
distribution; expanded retail opportunities; senior industries, equestrian and rodeo industries
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.
Page 3 of3
Exhibit C to Contract No. 2026-116-COS

Exhibit D
FY2027
Reporting Mechanism for Contract Fulfillment
Monthly Activity Report - Month, Year
Business Attraction Performance Metrics;
GPEC Progress Toward Goals 
Targeted Opportunities
Annual Contract 
Goal
Actual
YTD
Goal
YTD
%of
Goal YTD
Payroll GENERATED (Millions)
Number OF Jobs
Number of High-Wage Jobs
Average High Wage Salary
QUALffiED Prospects
Qualified International Prospects
GPEC ASSISTS
COMMUNITY Return on investment
Stakeholder satisfaction with 
business attraction
STAKEHOLDER SATISFACTION WITH 
COMPETITIVE POSITION
Key Business Attraction Activities and Other GPEC Activities
GPEC continues to target high-wage industries (Advanced Business Services; Aerospace <& Defense; Battery & 
Energy Storage; Emerging Technologies; Healthcare and Biomedical; Manufacturing & Logistics; Mission Critical 
Operations; Semiconductor Ecosystem; and Software)
Page 1 of 1
Exhibit D to Contract No. 2026-116-COS

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 Noh-Owned Vehicles 
(Form CA 0001, ed. 10/13 or any replacement thereof) Combined Single Limit 
Per Acc ident for Bodily Inj ury and Property Damage
3. Workers’ Compensation and Employers’ Liability 
Workers' Compensation 
Employers' Liability
Statutory
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 of3
Exhibit E to Contract No. 2026-116-COS

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. 
GPEG'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 2 of3
Exhibit E to Contract No. 2026-116-COS

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 v(ay warr^ts 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 comrnencement 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 Agreernent for the giving of notice. City's 
Agreement/Agreernent 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.
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Exhibit E to Contract No. 2026-116-COS

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 
respectthe 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 thatxommunities 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. EconomicDevelopment Directors will be the primary point of contact for the company when 
community information is needed.
10. In the event that a project working with GPEC or any member community is discovered to have an
Page 1 of2
Exhibit F to Contract No. 2026-116-COS

existing presence within the region, the member community will notify the economic development 
director of the project’s current home community, notwithstanding prohibition due to a non-disclosure 
agreement.
11. Agree that the consideration of a future community to GPEC’s membership will be brought before 
EDDT for discussion in advance of any board consideration^ EDDT will make a recommendation on the 
addition of a new community to GPEG’s President and CEO.
12. Formalize a process to convene GPEC and Economic Development Directors of GPEC member 
communities biannualiy, and cooperate in the exchange of information and ideas reflecting practices, 
procedures and policies relating to prospect handling and regional economic development.
13. Work collectively to maintaina 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.
14. When conducting market intelligence initiative objective, GPEC staff will coordinate with EDDT to 
ensure coordination and communication.
15. 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.
16. It is understood GPEC will or may host annual execut6ur(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 familiari2ation tours scheduled by their office.
17. 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 of2
Exhibit F to Contract No. 2026-116-COS