070708 Agmt Tom Eidem for DT Mgmt and Consulting Serv

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REQUEST FOR AGENCY ACTION AGENCY BOARD MEETING DATE: JULY 71 2008 TITLE: AGREEMENT WITH TOM EIDEM FOR DOWNTOWN MANAGEMENT AND CONSULTING SERVICES 44-EXEril ITIVE DIRECTOR RECOMMENDED ACTION AGENCY SECRETARY USE ONLY: MD,. Tinedr6 zUd. �Zr�id�s APPROVED Q As Recommended 76 ❑ As Amended ❑ Ordinance on 15' Reading ❑ Ordinance on 2ntl Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Authorize the Executive Director and Agency Secretary to execute the attached agreement with Tom Eidem in the amount of $135,000 for a one - year term, subject to non - substantive changes approved by the Executive Director and Agency General Counsel. The Agency has contracted with Tom Eidem since 2006 to provide downtown management services and consulting services for the formation and establishment of the Property -Based Improvement District (PBID.) The establishment of the Downtown PBID is underway and completion is anticipated in December 2008. Tom Eidem has brought 30 years of experience as a management and economic development professional. Mr. Eidem'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 Mr. Eidem as an Interim Downtown Manager, the Agency 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. 3 -1