HomeMy WebLinkAboutPR 21312: EDC, FUNDING, CHMURA ECONOMICS & ANALYTICS "City o c ort t/TLLr
Interoffice areino
x- Mayor, City Council, City Manager
P`': Floyd Batiste q•-)J-)-D
bate: March 3, 2020
' P. R. No 21312 ; Council Meeting on March 17, 2020
A RESOLUTION APPROVING FUNDING OF $5,144.85 FROM THE
CITY OF PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION TO CHMURA ECONOMICS &
ANALYTICS FOR THE AVAILABILITY AND TRACKING OF THE
FOLLOWING TRENDING ANALYTICS: DEMOGRAPHICS,
EMPLOYMENT TRENDS, WAGE TRENDS, COST OF LIVING
INDEX, INDUSTRY SNAPSHOT, INDUSTRY CLUSTER,
EDUCATIONAL LEVELS AND REGION DEFINITION
REGARDING ECONOMIC IMPACT IN ITS ENTIRETY FOR PORT
ARTHUR, TEXAS
P.R. N.O. 21312
03/03/2020 RML
RESOLUTION NO.
A RESOLUTION APPROVING FUNDING OF $5,144.85 FROM THE
CITY OF PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION TO CHMURA ECONOMICS &
ANALYTICS FOR THE AVAILABILITY AND TRACKING OF THE
FOLLOWING TRENDING ANALYTICS: DEMOGRAPHICS,
EMPLOYMENT TRENDS, WAGE TRENDS, COST OF LIVING
INDEX, INDUSTRY SNAPSHOT, INDUSTRY CLUSTER,
EDUCATIONAL LEVELS AND REGION DEFINITION REGARDING
ECONOMIC IMPACT IN ITS ENTIRETY FOR PORT ARTHUR,
TEXAS ACCOUNT NO. 120-1429-582.59-05
WHEREAS, the City of Port Arthur Section 4A Economic Development Corporation
("PAEDC") deems it vital to continue to utilize CHMURA Economics & Analytics as a resource
to collect crucial data and statistics for Port Arthur, Texas which roll out vital information locally,
regionally and internationally; and
WHEREAS, CHMURA Economics & Analytics will provide active measurements that
layout demographics, employment trends, wage trends, cost of living index, industry snapshot,
industry cluster, educational levels and region definition; and
WHEREAS, PAEDC, at its March 2, 2020 Board meeting, voted to fund CHMURA
Economics&Analytics in the amount of$5,144.85 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 CHMURA Economics &
Analytics in the amount of$5,144.85 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., 2020,
at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES:
Mayor
Councilmembers
NOES:
Thurman "Bill' Bartie, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED:
Floyd Batis 4 PAE C CEO
APPROVED • TO FORM:
Guy0 ()(j ,
N. GooLi, PAEDC Attorney
APPROVED AS TO FORM:
Valecia R. Tizeno, City Attorney
#1733167 Page 2
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I ���i CHMURA
Invoice #7734
FEIN 54-1923150
From Invoice Summary
Chmura Economics &Analytics, LLC Invoice Number 7734
1309 East Cary St, Suite 200
Richmond, VA 23219 PO Number Renewal
Date 02/21/2020
Bill To
Terms Net 60
Port Arthur Economic Development Corporation Due Date 04/21/2020
Ralloda McClain-Lee
501 Procter Street, Suite 100 Amount Due (USD) $ 5,144.85
Port Arthur,TX 77640
Description Amount
This is your subscription fee for JobsEQ Renewal for the term starting 04/21/2020 and ending 04/20/2021. 5,144.85
Amount Due (USD) $ 5,144.85
Invoices not paid within 15 days following the due date are subject to a 1.5% late fee. A 2%fee will be applied on credit
card payments.
ACH Instructions: For ACH Payments, include in the remittance advice your invoice number and company name as
shown on the invoice.
Chmura Economics &Analytics, LLC
Routing: 051000020
Account: 201752042
Thank you for your business!
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