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Home My WebLink AboutAgenda Report - July 15, 2015 C-20AGENDA ITEM C120 i � C� • CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Adopt Resolution Approving a $5,000 Increase to the City's Budgeted Fiscal Year 2015/16 Commitment ($25,290) to the San Joaquin Partnership MEETING DATE: July 15, 2015 PREPARED BY: Business Development Manager RECOMMENDED ACTION: Adopt resolution approving a $5,000 increase to the City's budgeted Fiscal Year 2015/16 commitment ($25,290) to the San Joaquin Partnership. BACKGROUND INFORMATION: The San Joaquin Partnership is a private, non-profit economic development corporation focused on business attraction, retention, and expansion into and throughout all of San Joaquin County and each of its member Cities. The City of Lodi has contracted with the San Joaquin Partnership to augment its economic development efforts since 1991. In Fiscal Year 2008/09, the City's budgeted annual financial commitment to the Partnership was $35,000. During the subsequent period of economic downturn and the resultant reduction in General Fund revenue, the City sought employee concessions and implemented other expenditure reductions. The City reduced its commitment to the Partnership by 15 percent in Fiscal Year 2009/10 and then another 15 percent in Fiscal Year 2011/12, to the current level ($25,290). With the improving economic climate and the resultant increase in economic development activity, the Partnership has requested a partial return to the City's pre -recession level of commitment and has submitted an invoice to the City in the amount of $30,290. FISCAL IMPACT: FUNDING AVAILABLE: Attachment $5,000 increase in funding to the San Joaquin Partnership. This amount will be absorbed within existing General Fund appropriations. Adam Br er Business Development Manager APPROVED: � hen Schwa auer, City Manager 9 Kr.0Effr—vl jUN i .9 2015 SAN JOAQUIN PARTNERSHIP CITyMANAGER'SOFFICE .A private Non -Profit Economic Development Corporation Serving San Joaquin County Board of Directors: April 30, 2015 Chairman — Kevin Huber The Grupe Company Vice Chairman—Susan DelPOsso The Cambay Group Secretar reasurer—Lewis Gate University of the Pacific Richard Aschieris Port of Stockton Roger Coover The Record Stephen DeBrum City of Manteca Nick Giero Pacific Gas & Electric Company Bob Gutierrez Food 4 Less Bob Harmon Farmers & Merchants Bank Bob Johnson City of Lodi wichael maciel City of Tracy Kathy Miller WC Board of Supervisors Cynthia Mitchell Kaiser Permanente David Nelson A. G. Spans Companies Mark Rishwain March Tower&sociatm Sieve Salvatore City ofLathrop Mary -Elizabeth Eberhardt Bank ofStockton Jason Schierling Generaf Mills Anthony Silva City of Stockton Douglass Wilhoit Stockton Chamber of Commerce Markwinchell City ofRipon Steve Schwabauer City of Lodi P. O. Box 3006 Lodi, CA 95241 BE: 2015-2016 Fiscal Year Invoice Dear Steve: Enclosed is an invoice for the City of Lodi's 2015-201b fiscal year commitment to the San Joaquin Partnersbip. The Partnership, a countywide economic development corporation, is a public-private partnership between private stakeholders, San Joaquin County and its incorporated cities. This unique structure has been successful for ,San Joaquin County's economy in terms of 70,450 jobs being created the siting of some 400+ companies since inception of the Partnership twenty four years ago. Right now what is most important is itscurrent level of client activity during these economic times. in 2014 we had ten successful projects totaling more than 800 are currently working with 60 active client files. Of this, sobs and retaining 119: We eistht are considered critical Uro ec totaling 4.3 million square feel with a job potential of nearly 900. dive of the cl e is are in An decision mode with three in rM ss! Additionally, the Partnership is an active advocate for business m regard to development fee issues and monitoring transportation funding. Wei also provide detailed information and assistance to existing and prospective businesses about available incentives. Our goal is prosperity for all of San Joaquin County. and is a direct result of investment from the City of Lodi, San Joaquin County, its cities and the private sector making up the financial base to further the County's economic development. In 2013 we opened an office in Silicon Valley and during 2014 we greatly increased exposure to our "Greater SiCicon Valley"project-- "(treater Silicon Valley: Your Next Growth Opportunity". During 2015, we will continue showcasing our "business friendly" communities where businesses can Grow It, Make It; and Ship Itl Enclosed is a copy of our 2014-2015 Annual Report, 2015 Marketing Program and 2015 Objectives. I look forward to working with you and the Council. If you have any questions, please do no esitate to contact us at 209-956-3380. Mike Amniann President & CEO H,1Citles California 95219.8220.209,95603380.Fax 209+956+1520 .Web:ajpnei~oig SAN JOAQUIN PARTNERSHIP A Private Non -Profit Economia Development Corporation Serving San Joaquin County BILL TO I City of Lodi Attn.: Mr. Steve Schwabauer-City Manager P.O. Box 3006 Lodi, CA 95241 Invoice DATE INVOICE # 5/6/2015 3918 Kht;h1V tU JUN 112015 CITY MANAGER'S OFFICE DUE DATE 7/1/2015 ITEM DESCRIPTION AMOUNT Publio-Annual 2015 Investment to the San Joaquin Partnership, Inc. 30,290.00 Please note that the San Joaquin Partnership is a (50 1) (c) (6) non profit corporation. Payments are not deductible as charitable contributions for Federal income tax purposes. They are deductible as business expenses for most taxpayers; Taxpayer ID #94-3140077. Make check payable to: San Joaquin Partnership, Inc. Mail check to: San Joaquin Partnership, Inc. 2800 W. March Lane, Suite #470 Stockton, CA 95219 Thank you for supporting the San Joaquin Partnership, Inc. Total $30,290.00 2800 Wed March Lane, Suite 470. Stockton, California 95219-8220.209.966, s880.Fax 209.956x1520 ,Web:sjpnet,oi% RESOLUTION NO. 2015-112 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING A $5,000 INCREASE TO THE CITY'S BUDGETED FISCAL YEAR 2015/16 COMMITMENT ($25,290) TO THE SAN JOAQUIN PARTNERSHIP WHEREAS, the San Joaquin Partnership is a private, non-profit economic development corporation focused on business attraction, retention, and expansion into and throughout all of San Joaquin County and each of its member Cities; and WHEREAS, the City has contracted with the San Joaquin Partnership to augment its economic development efforts since 1991; and WHEREAS, the City reduced its annual commitment twice during the period of great economic recession, in Fiscal Years 2009/10 and 2011/12, respectively; and WHEREAS, the San Joaquin Partnership has requested a partial return to the City's pre - recession level of commitment and has submitted an invoice to the City in the amount of $30,290. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve a $5,000 increase to the City's budgeted Fiscal Year 2015/16 commitment to the San Joaquin Partnership; and BE IT FURTHER RESOLVED, that the City Council does hereby authorize payment of said invoice for Fiscal Year 2015/16 in the amount of $30,290 to the San Joaquin Partnership. Dated: July 15, 2015 I hereby certify that Resolution No. 2015-112 was passed and adopted by the City Council of the City of Lodi in a regular meeting held July 15, 2015, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Kuehne, Mounce, Nakanishi, and Mayor Johnson NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None NNIFER . FERRAiCLO City Clerk 2015-112