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City to jump start EDF
Published November 24, 2009
In an ongoing effort to restructure the area’s economic development efforts, city council members will be asked to appoint the first person to a task force that will look at revising the Kerrville Economic Development Foundation.
City staff members are expected to recommend that a member of the council be appointed to a proposed 10-member economic development task force at tonight’s city council meeting. If council members approve a plan recommended by the city staff, it would be submitted to other local entities for their ratification.
The proposed task force will comprise a representative from the Kerrville Economic Development Corp., Kerrville Public Utility Board, Convention and Visitors Bureau, Kerrville Economic Development Foundation, Kerrville Area Chamber of Commerce, Kerrville Independent School District, Kerr County, a large employer selected by the city staff and a smallemployer also selected by the city staff, in addition to a city council representative.
If it is approved by those entities, the task force would work on restructuring the current 40-member EDF board, create job positions for the foundation and submit an operational budget to the EIC with a funding request by March.
City officials had pushed to reorganize the Economic Development Foundation, and at the last city council meeting, went so far as to recommend that the foundation become a city department operating under the EIC. That plan was scrapped after representatives from the EDF and chamber argued against it at that council meeting.
Many of the foundation board members present at that meeting said they also supported a revamping of the EDF, but pushed to keep it independent of the city.
Although the foundation receives some public funding, it operates as an independent entity and does not answer directly to the city or the county. The foundation’s total budget this year is $177,500.
Of that funding, $25,000 comes from the county, $25,000 from the city, $25,000 from KPUB, $40,000 is contributed from the private sector and the remaining $62,500 is from the EIC, which is funded through 4B sales tax and approved by the city council.
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