Title
Vote on a request to approve a contract between Chatham County and Chatham County Economic Development Corporation (EDC).
Abstract
Introduction & Background:
The EDC President and county staff have developed a contract for approval by the two entities. The purpose of the contract is to establish clear expectations between the county and EDC for the funding provided by the county. Staff consulted several models from throughout the state to develop the contract. The contract was presented and discussed at the August joint meeting between the boards. The county attorney has reviewed and made changes.
Discussion & Analysis:
Budgetary Impact:
Recommendation:
Approve the contract as presented.