061807 Agmt Tom Eidem DT Mgmt and Consulting Serv

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REQUEST FOR AGENCY ACTION AGENCY BOARD MEETING DATE: JUNE 18, 2007 TITLE: AGREEMENT WITH TOM EIDEM FOR DOWNTOWN MANAGEMENT AND CONSULTING SERVICES 4, //1 yv' EXECUTI DIRECTOR RECOMMENDED ACTION AGENCY SECRETARY USE ONLY: motion : $�satzrrrtrite 2✓d : f1 /vas eL As Recommended Th4d As Amended ❑ Ordinance on 18' Reading ❑ Ordinance on 2ntl Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Direct the Agency General Counsel to prepare and authorize the Executive Director to execute an agreement with Tom Eidem for contracted downtown management and consulting services in an amount not to exceed $125,000. DISCUSSION On December 18, 2006, the Agency entered into an agreement with Tom Eidem to provide downtown management services and consulting services for the formation and establishment of the Property -Based Improvement District. Tom Eidem has brought 30 years of experience as a management and economic development professional. Tom's experience includes 11 years management in non - profit economic development organizations, and 11 -plus years as a city manager. Recent consulting projects have involved developing comprehensive economic revitalization strategies, including preparing recruitment and marketing programs, Board development and mentoring, BID /PBID formation, organizational audits, incorporation, and restructuring. By utilizing the services of Tom Eidem as an interim manager, the City has had the unique opportunity to address both staffing the downtown office and developing and initiating a downtown economic strategy, which is crucial to downtown's continued evolution. Mr. Eidem offers the key resources to coordinate this ambitious undertaking. As the City evaluates how best to develop and implement its long -range economic initiatives, it is recommended that this agreement identifying Mr. Eidem as the Interim Downtown Manager, be approved in an amount not to exceed $125,000. 4 -1