Title
Vote to approve a contract with the Chatham County Economic Development Corporation for $477,558 for FY26-27 economic development services
Abstract
Introduction & Background: Annual contract with the Chatham County Economic Development Corporation for $488,558 in FY26-27 for economic development services.
Discussion & Analysis:
How does this relate to the Comprehensive Plan: The proposed contract directly relates to objectives 4 (diversify the tax base and generate more quality, in-county jobs to reduce dependence on residential property taxes, create economic opportunity, and reduce out-commuting) and 7 (provide infrastructure to support desired development and support economic and environmental objectives.
Budgetary Impact: The contract with the Chatham County Economic Development Corporation for $477,558 is approved in the FY26-27 budget.
Recommendation/Motion: Motion to approve a contract with the Chatham County Economic Development Corporation for $477,558 for FY27 economic development services.