HomeMy WebLinkAboutPR 21837: CHMURA ANALYTICS 4.-----\
, , i
, _ ,,
. ,
PORT*ARTHUR
ECONOMIC DEVEl OPMENT CORPORATION
INTEROFFICE MEMORANDUAM
Date: March 2, 2021
To: The Honorable Mayor and City Council
Through: Ronald Burton, City Manager &ct./.
From: Floyd Batiste, CEO Port Arthur EDC6tr) 11
RE: PR 21837—Invoice: Chmura Analytics
Introduction:
The intent of this Agenda Item is to seek City Council's approval for funding CHMURA
Economics &Analytics for one year. CHMURA provides active vital measurements as a
resource to collect crucial data and statistics for Port Arthur, Texas. This crucial data and
statistics provides vital information locally, regionally, and internationally; laying out
demographics, employment trends, wage trends, cost of living index, industry snapshot, industry
cluster, educational levels, and region definition.
Background:
PAEDC has utilized CHMURA Economics & Analytics in the past with great
success. CHUMRA provides active measurements that layout demographics,
employment trends, wage trends, cost of living index, industry snapshot, industry
cluster, educational levels, and region definition. This important information
provides analysis that enhances the growth of Port Arthur.
Budget Impact:
CHMURA Economics & Analytics has invoiced the Port Arthur EDC in the amount of
$5,299.20 for their services for one calendar year; funds are available for this service.
Recommendation:
It is recommended that the City Council of the City of Port Arthur authorize the Port Arthur
EDC to pay the invoice for services with CHMURA Economics &Analytics in an amount not to
exceed $5,299.20.
P.R. N.O. 21837
03/02/21 RML
RESOLUTION NO.
A RESOLUTION APPROVING FUNDING OF $5,299.20 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; PAEDC 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 1, 2021 Board meeting voted to fund CHMURA
Economics &Analytics in the amount of$5,299.20; 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 pay the invoice for services to CHMURA
Economics & Analytics in the amount of$5,299.20 for one year(Exhibit"A").
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., 2021,
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 Bati e, PAEDC EO
APPROVED AS TO FORM:
G y N. Goodson, PAEDC Attorney
#1842647 Page 2
APPROVED AS TO FORM:
Valecia R. Tizeno, City Attorney
APPROVED AS TO THE AVAILABILITY OF FUNDS:
Kandy Dani4,Interim Director of Finance
#1842647
Page 3
Exhi • it
�\
Alin CHMURA
f-I; r Analytics
Invoice #8983
FEIN 54-1923150
From Invoice Summary
Chmura Economics &Analytics, LLC Invoice Number 8983
1309 East Cary St, Suite 200
Richmond, VA 23219 PO Number Renewal
Date 02/19/2021
Bill To
Terms Net 60
Port Arthur Economic Development Corp Due Date 04/20/2021
Ralloda McClain-Lee
501 Procter Street, Suite 100 Amount Due (USD) $ 5,299.20
Port Arthur, TX 77640
Description Amount
This is your subscription fee for JobsEQ Renewal for the term starting 04/21/2021 and ending 04/20/2022. 5,299.20
Amount Due (USD) $ 5,299.20
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. ACH enrollment forms can be sent to billing@chmuraecon.com.
Chmura Economics & Analytics, LLC
Routing: 021052053
Account: 75447207
Please note that our account information recently changed, so account details may need to be updated in your system if
we were previously enrolled to receive ACH payments from your organization.
Thank you for your business!
Invoice powered by SaaSOptics, LLC. Subscription Management Made for Growing Businesses.