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HomeMy WebLinkAboutPED 2020-02-03 Item 1A - RFQ - Economic Development Plan Request for QualificationsCity of Tukwila Allan Ekberg, Mayor TO: Planning & Economic Development Committee FROM: Derek Speck, Economic Development Administrator CC: Mayor Ekberg DATE: January 28, 2020 SUBJECT: Economic Development Plan RFQ ISSUE Staff seeks Committee concurrence to issue a request for qualifications (RFQ) for a consultant to prepare an economic development plan for the City. BACKGROUND On January 13, 2020 the Economic Development Division presented its workplan for 2020 to the City Council's Planning and Economic Development Committee (PED). One of the items on the Division's workplan is to create an economic development plan for the City (the "Plan") by the end of 2020. An economic development plan is one of the strategies included in the City's Comprehensive Plan's economic development chapter. The Plan would provide additional context, options, and guidance to staff and policy makers for enhancing the City's economy. DISCUSSION The Planning and Economic Development Committee expressed support for creating the Plan; however, they wanted the Plan completed by this summer instead of the end of the year as staff suggested. The Committee noted this project has been on the Division's workplan for a number of years and expressed support for contracting with a consultant in order to complete it sooner. Based on Committee discussion, staff has begun preparing an RFQ in order to select a consultant for this project. The contract will include community outreach and is likely to be over $40,000. If the Committee concurs, staff will issue the RFQ and return to the PED Committee and full Council with a proposed contract. FINANCIAL IMPACT Until the RFQ process is completed, the exact cost will not be known; however, it would likely be in the range of $50,000 to $70,000. Because costs associated with this contract are not included in the 2020 adopted budget, the Economic Development Division will need additional budget for this work. Should the Council decide to proceed with such a contract, an end of year budget amendment will be needed. RECOMMENDATION Staff seeks Committee concurrence to issue the RFQ. ATTACHMENTS None