HomeMy WebLinkAboutPR 20578: APPROVING FUNDING OF $5,000.00 FOR EDC IN CORPORATION WITH SETEDF AND REDI, HARDIN, JEFERSON AND ORANGE COUNTIES 4-City ort tiiur
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: Mayor, City Council, Cit Manager
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ease. November 13, 2018
' P. R. No. 20578; Council Meeting on November20, 2018
A RESOLUTION APPROVING FUNDING OF $5,000 FROM THE CITY
OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT
CORPORATION TO THE SOUTHEAST TEXAS ECONOMIC
DEVELOPMENT FOUNDATION(SETEDF)FOR THE ASSISTANCE OF
THE REGIONAL ECONOMIC DEVELOPMENT INIATIVE (REDI) TO
COORDINATE THE REGIONAL ECONOMIC DEVELOPMENT
EFFORTS FOR THE REGION OF HARDIN, JEFFERSON AND
ORANGE COUNTIES;
P.R. No. 20578
11/06/18 RML
RESOLUTION NO.
A RESOLUTION APPROVING FUNDING OF$5,000 FROM THE CITY
OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT
CORPORATION TO THE SOUTHEAST TEXAS ECONOMIC
DEVELOPMENT FOUNDATION (SETEDF) FOR THE ASSISTANCE
OF THE REGIONAL ECONOMIC DEVELOPMENT INIATIVE (REDI)
TO COORDINATE THE REGIONAL ECONOMIC DEVELOPMENT
EFFORTS FOR THE REGION OF HARDIN, JEFFERSON AND
ORANGE COUNTIES; ACCOUNT NO. 120-1429-582.59-05
WHEREAS, the City of Port Arthur Section 4A Economic Development Corporation
("PAEDC") deems it is in the public interest to seek the assistance of the Regional Economic
Development Initiative("REDI")to coordinate the regional economic development efforts for the
region of Hardin, Jefferson and Orange Counties; and
WHEREAS, the REDI steering committee made up of local economic developers was
formed by SETEDF to determine the services needed and develop the structure of how these
services could be provided for Southeast Texas; and
WHEREAS,the overall effort of REDI is aimed at maximizing and retaining employment
and increasing incomes; and
WHEREAS, PAEDC at its November 5, 2018 Board Meeting voted to fund REDI in the
amount of$5,000 as denoted in Exhibit"A".
NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR,TEXAS:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That PAEDC is herein authorized to assist in funding the Regional Economic
Development Initiative in the amount of$5,000 for one year.
Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the
City Council.
READ, ADOPTED AND APPROVED on this day of A.D., 2018,
at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES:
Mayor
Councilmembers ,
•
NOES:
Derrick Freeman, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED: 4
._.____
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44
Floyd Batiste,I'AEDC O
APPRO ) AS 0 FORM:
,t .
Guy N. Goodson, PAEDC Attorney
#1601507
Page 2
APPROVED AS TO FORM:
41/4/e
Valecia R. T e o, 'ty Attorney
APPROVED AS TO AVAILABILITY OF FUNDS:
A")/i
Andrew A. Vasquez, Director of inance
#1601507 Page 3
Exhibit " A "
50UTI-I EAST ■
T EU
X A Invoice
It 0,40,11C DIVLLOPNENI
r UNDATION
2210 Eastex Freeway 10.26.18
Beaumont, Tx 77703
Bill To:
Floyd Batiste
Port Arthur EDC
501 Proctor Street
Port Arthur, TX 77640
DESCRIPTION AMOUNT
REDI Contribution FY 2018-2019 $ 5,000.00
Total $ 5,000.00
Make all checks payable to Southeast Texas Economic Development Foundation
If you have questions concerning this invoice, contact Cheryl Kizer at 409.924.7544 or ckizer@setedf.org