HomeMy WebLinkAbout28. 15-510NOVEMBER 24, 2015 15-510 RESOLUTION
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PURPOSE: DESIGNATE GREATER OSHKOSH ECONOMIC DEVELOPMENT
CORPORATION AS THE OFFICIAL ECONOMIC DEVELOPMENT
ORGANIZATION FOR THE CITY OF OSHKOSH
INITIATED BY: DEPARTMENT OF COMMUNITY DEVELOPMENT
WHEREAS, the Greater Oshkosh Economic Development Corporation (GO-
EDC), a public-private partnership, was created to serve as the appropriate
organizational structure to provide a one-stop shop to promote comprehensive and
integrated economic development for the greater Oshkosh area; and
WHEREAS, one of GO-EDC's goals is to leverage the power of public-private
partnerships to provide leadership, direction, coordination and services to advance
economic development in the greater Oshkosh area; and
WHEREAS, GO-EDC has demonstrated its ability to carry out economic
development services for the greater Oshkosh area by providing existing business
support, responding to requests for information for recruitment of new businesses,
marketing area industrial and business park lands, developing the aviation clusters,
administering the City’s revolving loan fund as well as administering its own GO-EDC
Foundation, and engaging with private companies and not-for-profit organizations in its
mission, goals and objectives; and
WHEREAS, GO-EDC has demonstrated its true private-public partnership as
envisioned by the community through its efforts to embody its investor’s values of
accountability, transparency and inclusiveness; and
WHEREAS, in order to best serve economic development clients, it is necessary
to provide clarity as to who should be the first point of contact for economic
development services.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the City formally designates the Greater Oshkosh Economic Development
Corporation as they city’s official economic development organization and provider of
economic development services.
NOVEMBER 24, 2015 15-510 RESOLUTION
CONT’D
BE IT FURTHER RESOLVED, that the proper City officials are hereby directed to
inform Wisconsin Economic Development Corporation, New North and other local,
regional and state economic development organizations of this designation, and request
that all inquiries going through these respective agencies use GO-EDC as the point of
contact through whom economic development inquiries for Oshkosh are directed.
NOVEMBER 24, 2015 15-510 RESOLUTION
CONT’D
BE IT FURTHER RESOLVED, that the proper City officials are hereby directed to
inform Wisconsin Economic Development Corporation, New North and other local,
regional and state economic development organizations of this designation, and request
that all inquiries going through these respective agencies use GO-EDC as the point of
contact through whom economic development inquiries for Oshkosh are directed.
City of Oshkosh
Community Development Department
215 Church Avenue, Oshkosh, WI 54901
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ON THE WATER
TO:
FROM:
DATE:
SUBJECT
Honorable Mayor and Members of the Common Council
Mark A. Rohloff, City Manager ,. �a�--�
Allen Davis, Community Developmen irector
November 19, 2015
Designation of the Greater Oshkosh Economic Development Corporation
(GO-EDC) as the City's Official Economic Development Agency
Background/Analysis
GO-EDC has had a successful inaugural year in 2015. The community-wide
investment, the economic development programs, and outreach efforts have met all the
expectations for the organization. Based on GO-EDC's performance, it is important for
other agencies, such as WEDC and New North) recognize GO-EDC as the point of
contact for economic development activities, contacts and coordination. This
recognition will improve the overall experience for businesses seeking economic
development services in the community.
The City contracted with GO-EDC for economic development services. GO-EDC has
also raised additional resources from other private, not-for-profit and public
organizations to fund implementation of an Economic Development Strategic Plan.
Consequently, GO-EDC has hired staff capable of accomplishing all the economic
development goals. Based on GO-EDC's performance and capacity that it has been
built, it would be helpful to other economic development organizations and the
community to understand the role GO-EDC now plays. The community's economic
development partners need to know who is authorized to represent the City's interests
in a wide range of economic development activities, contacts and coordination.
Fiscal Impact
The City is investing $167,000 annually in GO-EDC. This public investment has
leveraged more than double this amount in private and non-profit investment in the
organization. The designation will solidify GO-EDC's status as the official point of
contact for the Oshkosh community.
Recommendation
The City Council approves the resolution designating the Greater Oshkosh Economic
Development Corporation as the official economic development organization for the
City of Oshkosh.