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TO: MAYOR AND CITY COUNCIL <br />FROM: MALCOLM FLEMING, CITY MANAGER <br />DATE: DECEMBER 9, 2008 <br />SUBJECT: 2008 YEAR END ECONOMIC DEVELOPMENT REPORT <br />ORIGINATING DEPARTMENT: CITY MANAGER'S OFFICE <br />SUMMARY: <br />In November 2007, the City Council extended the contract for economic development <br />consulting services with EDge Consulting Services through the end of the December 2008. In <br />January 2008, the Business Retention and Development (BRaD) committee approved a work <br />plan outlining specific goals and objectives for the year for BRaD, the City Council, and staff. <br />Attached are a series of reports wrapping up economic development accomplishments of both <br />BRaD and City Council for 2008. <br />Becky Hogan of EDge Consulting will be present at the December 9 study session to present <br />the year-end information and answer any questions Council may have. <br />FISCAL IMPACT: <br />None. <br />RECOMMENDATION: <br />Discussion <br />ATTACHMENT(S): <br />• Economic development highlights & lowlights for 2008 <br />Real Estate Overview <br />• 2008 Workplan Review <br />• 2009 Forecast and Work plan Update <br />SUBJECT <br />AGENDA ITEM <br />2008 YEAR END <br />ECONOMIC DEVELOPMENT REPORT <br />