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File #: 15-5577    Version: 2
Type: Contract Status: Passed
File created: 8/19/2021 In control: City Commission
On agenda: 9/9/2021 Final action: 9/9/2021
Title: Request for approval of the contract renewal of Team Volusia Economic Development Corporation (TVEDC) Contract 2021-2022 - Jerry Mayes, Economic Development and Ecological Tourism Sustainability Manager, (386) 878-8619. Strategic Goal: Economic Development - Team Volusia coordination.
Attachments: 1. TVEDC 2021-2022 Contract
TO: Mayor and Commission AGENDA DATE: 9/9/2021

FROM: John A. Peters, III, PE, Acting City Manager AGENDA ITEM: 8 - A

SUBJECT:
Title
Request for approval of the contract renewal of Team Volusia Economic Development Corporation (TVEDC) Contract 2021-2022 - Jerry Mayes, Economic Development and Ecological Tourism Sustainability Manager, (386) 878-8619.

Strategic Goal: Economic Development - Team Volusia coordination.

Body
LOCATION:
City Wide

BACKGROUND:
Background
The City of Deltona has received the contract from TVEDC for contractual year 2021-2022. The City has been a member of TVEDC since its inception in 2010. TVEDC is one of the City's primary recruiting agencies and plays a major part in the recruitment of businesses to the City of Deltona, like Amazon, and Volusia County. TVEDC is also serves as a primary source of business recruitment leads from Enterprise Florida, the State of Florida's economic development recruitment department. The contract amount of $46,835.50 is based on the population of the City. The subject contract is attached.

OPTIONS:
SCENARIOS FOR AND AGAINST:
1. Do not Approve the Contract with TVEDC
The City of Deltona's Office of Economic Development would bear sole responsibility for the recruitment of businesses into the City of Deltona. To remain competitive, the City would need to prepare to attend out of state and out of country trade conferences at a cost to the City. In addition, the City of Deltona would lose the ability to utilize the State of Florida Enterprise Florida leads, as the City of Deltona is not eligible to receive said leads. The City of Deltona's Office of Economic Development would need to increase staff to manage leads and recruitment now done be TVEDC.

2. Approve the Contract with TVDEC

The City of Deltona's Office of Economic Development would continue to receive the assistance of TVEDC, consisting of the recruitment of businesses into the City of Deltona. This City would not need...

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