Title
Approval of the Agreement between the City of Roswell and Progress Partners North Fulton Atlanta to implement certain recommendations of the Strategic Economic Development Plan and approval of Budget Amendment 7510-02-27-12 in the amount of $25,000.
Body
Item Summary:
Progress Partners of North Fulton Atlanta is the initiative of the Greater North Fulton Chamber of Commerce designed to position North Fulton as one of the top destinations in Atlanta for long-term economic growth and superior quality of life.
The term of the agreement is one year.
Committee or Staff Recommendation:
On February 14, 2012 the Administration and Finance and Recreation and Parks Committee recommended placing this Item on the February 27, 2012 Mayor and Council Agenda.
Financial Impact:
Upon approval of Budget Amendment 7510-02-27-12, $25,000 will be transferred from the Operating Contingency Account: Cost Center 1585, Account #579001 to the Economic Development Cost Center: Cost Center 7510, Account #521201. Upon approval, funds in the amount of $25,000 will be available in Account #521201 and $162,814 will be remaining in the Operating Contingency Account.
Presented by:
Alice Wakefield, Community Development Director