Loading...
HomeMy WebLinkAbout02/28/2006 Blue Sheet TREO TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: February 28, 2006 AGENDA ITEM: E.2 TO: MAYOR AND COUNCIL FROM: James R. DeGrood, P.E. Assistant Town Manager SUBJECT Resolution No. 2006-33: Relating to Economic Development; approving and authorizing the Mayor to execute an agreement with Tucson Regional Economic Opportunities (TREO) DISCUSSION Tucson Regional Economic Opportunities (TREO) serves as the principal economic development agency for the Tucson metropolitan area, including the Town of Marana. TREO succeeded the Greater Tucson Economic Council (GTEC) in this role, beginning last summer. In addition to succeeding GTEC, TREO has also assimilated the Tucson Office of Economic Development, and is unifying the individual efforts of other organizations working on economic development in the region. TREO is focusing on creating economic development through expansion of existing businesses. Effort has been placed on developing employee training programs, and providing assistance to businesses on the application of Enterprise Zone, Free Trade Zone and Empowerment Zone opportunities. Marana area businesses have benefited from assistance from TREO. TREO is requesting that the Town become a TREO Trustee. As a Trustee, the Town will receive a number of benefits and services that would be otherwise unavailable. TREO will also assist the Town in preparation of marketing materials, facilitation of meetings with site selectors and will incorporate the Town in its regional marketing efforts. As a Trustee, the Town will also have a voice in the overall management direction ofTREO. ATTACHMENT Sponsorship levels and benefits of sponsorship in TREO. RECOMMENDATION Staff recommends that the Town invest in TREO as a Trustee, providing a financial contribution in the amount of $25,000 for Fiscal Year 2005-2006, and to budget for a $50,000 financial contribution for Fiscal Year 2006-2007. SUGGESTED MOTION I move to adopt Resolution No. 2006-33. MARANA RESOLUTION NO. 2006-33 RELATING TO ECONOMIC DEVELOPMENT; APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT WITH TUCSON REGIONAL ECONOMIC OPPORTUNITIES (TREO) WHEREAS, Tucson Regional Economic Opportunities (TREO) serves as the primary development agency for the Tucson metropolitan area, including Marana with the goal of recruitment, retention and expansion of businesses within the region; and WHEREAS, the Town has no current agreement with TREO; and WHEREAS, the Town wishes to participate in cooperative regional economic development activities; and WHEREAS, TREO receives public funding from various governments in the region, including Marana, and desires to include Marana in its cooperative efforts for economic development within the region. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, that an agreement with Tucson Regional Economic Opportunities for Trustee Membership is hereby approved, and that the Mayor is hereby authorized to execute for and in behalf of the Town of Marana. BE IT FURTHER RESOLVED that the Town's Manager and staff are hereby directed and authorized to undertake all other and further tasks required or beneficial to carry out the terms, obligations, and objectives of the aforementioned agreement. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 28th day of February, 2006. ATTEST: Mayor Ed Honea Jocelyn C. Bronson Town Clerk APPROVED AS TO FORM: Frank Cassidy, Town Attorney ~ !S~R~oQ Economic Opportunities, Inc. Dear Business Leader, The time is right for the greater Tucson area, and TREO is ready. With a population approaching one million, a strong nationally-ranked research university, a growing high tech sector, strategic Southwest location and an affordable, active lifestyle, Tucson has many of the right ingredients. Recent national rankings in entrepreneurship and business growth have begun to recognize the Tucson region as a great place to live and grow a company. But our community, stretching from Sierra Vista to Oro Valley, has many challenges ahead. Growing local companies, creating jobs, and developing a long-term economic development strategy and plan are critical. As a business owner, we understand that you need a workforce that is well-educated and the ability to provide a safe environment to operate and make a profit. Education and crime are important issues to be tackled. Tucson Regional Economic Opportunities (TREO) was launched on July 1 to ensure the sustainability of our region's economic and environmental resources and quality of life, while ensuring jobs for all. What are TREO's efforts and results in the last 120 days? Just a few: Assisted over 300 local companies with problem solving and advice on key business issues Assisted 22 companies with $2.5 million in job training grants Built key relationships with national site selector community Started comprehensive Research Department Generated 36 project successes values at $1.1 million in new local business, in addition to $5.3 million in the works, via the BusinessLlNC program Aggressively recruited the Pella Corporation, resulting in over 450 jobs for our workforce Launched our First Year Action Plan, staff structure, and budget We are looking for strong, community-minded business leaders to help us drive continued success. We know that many Tucson area businesses are behind a strong regional economic development effort, but you need to see tangible benefits and a return on your investment as well. We know you'll find an Investor Category that meets your needs. The timing is now and we want to earn your respect and participation Want to become a TREO Founder7 Call Laura Shaw at 243-1940 or emaillouro.shaw@treool.org to learn more. Sincerely, /; ~--t~ Joe Snell President & CEO 243-1970 joe.snell@treoaz.org Laura Shaw Vice President, InvesftJr Relations &. Marketing 243-1940 laura.shaw@lreoaz.org 120 North Stone Ave., SUite 200 Tucson, AZ 85701 Office 520-243-1900 Fax 520-243-1910 www.treoaz.org Investor Categories Note: Join by June 30, 2006 and receive distinction as 'TREO Founder" on investor plaque, web listing, and "TREO Investor" logo! $50,000 Trustee . Participation in Council of Trustees . Annual Leadership Exchange Trip - expenses paid for two company representatives . Access to Customized Research - based on investor business input . Recognition as TREO Corporate Trustee/Sponsor on all TREO materials and communications, one full year . CEO Annual Visit - by TREO Board of Directors and PresidenVSenior Staff, for investor to provide input to TREO on specific business issues, challenges and opportunities . Access to/participation in Industry Roundtable Program . Site Selector Conference/Title Sponsor - recognition and private dinner with site selectors . Economic briefings for key staff and clients as needed . Management Services - Qualification/participation in Arizona Job Training Program and Tucson/Pima Enterprise Zone, Foreign Trade Zone and Empowerment Zone Programs . Online Advertisement on BusinessLinc OR Tucson Regional Prospector - 24/7 . Four 30-second ads on KVOA Inside Arizona Business Show - annually . Full page color ad in Economic Profile - up to 100 investor copies as requested . Business Advocacy Services - ongoing throughout the year . 8 Tickets to Welcome Receptions for relocating businesses (including access/introduction to top management and TREO Board), Site Selector Conference and Investor Breakfasts - preferential seating . Annual Dinner/Economic Summit - Title Sponsor, includes top recognition and corporate table . Investor lOa-word listing on TREO's web site with hot link and recognition as Trustee Investor - ongoing . Subscription to e-Newsletter and Investor Only Alerts - breaking news . Name on sign in lobby as Corporate Trustee Platinum $25,000 . Participation in Council of Trustees . Annual Leadership Exchange Trip - expenses paid for one company representative . Access to/participation in Industry Roundtable Program . CEO Annual Visit - by TREO Board of Directors and PresidenVSenior Staff, for investor to provide input to TREO on specific business issues, challenges and opportunities . Site Selector Conference - dinner for two company representatives with conference attendees and site selectors . Economic briefings for key staff and clients as needed . Management Services - Qualification/participation in Arizona Job Training Program and Tucson/Pima Enterprise Zone, Foreign Trade Zone and Empowerment Zone Programs . Online ad provided on BusinessLinc OR Tucson Regional Prospector - 24/7 . Two 30-second ads on KVOA Inside Arizona Business Show - annually . Half page color ad in Economic Profile - up to 75 investor copies as needed . Business Advocacy Services - ongoing throughout the year . 6 Tickets to Welcome Receptions for relocating businesses (including access/introduction to top management and TREO Board), Site Selector Conference, Investor Breakfasts . Annual Dinner/Economic Summit - Contributing Sponsor with recognition and one corporate table . Investor 100 word listing on TREO's web site with hot link and recognition as Platinum Investor - ongoing . Subscription to e-Newsletter and Investor Only Alerts - breaking news . Name on sign in lobby as Platinum Investor Gold . Preferential seating at all events . Participation in Annual Leadership Exchange Trip - expenses paid by investor . Access to/participation in Industry Roundtable Program . CEO Annual Visit - by TREO Board of Directors and President/Senior Staff, for investor to provide input to TREO on specific business issues, challenges and opportunities . Management Services - Qualification/participation in Arizona Job Training Program and Tucson/Pima Enterprise Zone, Foreign Trade Zone and Empowerment Zone Programs . Online ad provided on BusinessLinc OR Tucson Regional Prospector - quarterly . 1/4 page color ad in Economic Profile - up to 50 investor copies . Business Advocacy Services - ongoing throughout the year . 4 Tickets to Welcome Reception for relocating businesses, Site Selector Conference, and Investor Breakfasts . Two 30 second ads on KVOA Inside Arizona Business Show - annually . 4 tickets to Annual Dinner/Economic Summit . Investor 100 word listing on TREO's web site with hot link . Subscription to e-Newsletter and Investor Only Alerts - breaking news . One Business Highlight/company profile annually in e-Newsletter . "Small Business Synergy"- private consulting and advice on leveraging all regional small business resources available to investor $10,000 Silver $5,000 . Management Services -- Qualification/participation in Arizona Job Training Program and Tucson/Pima Enterprise Zone, Foreign Trade Zone and Empowerment Zone Programs . Online ad provided on BusinessLinc OR Tucson Regional Prospector - quarterly . 1/4 page black and white ad in Economic Profile - up to 20 investor copies . Business Advocacy Services - ongoing throughout the year . 4 Tickets to Welcome Reception for relocating businesses, Annual Dinner/Economic Summit, Site Selector Conference, and Investor Breakfasts . Investor 100 word listing on TREO's web site with hot link . Subscription to e-Newsletter and Investor Only Alerts - breaking news . One Business Highlight/company profile annually in e-Newsletter . "Small Business Synergy" - private consulting and advice on leveraging all regional small business resources available to investor Stakeholder $2,500 . Management Services - Qualification/participation in Arizona Job Training Program and Tucson/Pima Enterprise Zone, Foreign Trade Zone and Empowerment Zone Programs . Business Advocacy Services - ongoing throughout the year . Investor-only discounted rate - advertising on BusinessLinc and Tucson Regional Prospector . 2 Tickets to Welcome Reception for relocating businesses, Investor Breakfasts, and Annual Dinner/Economic Summit . 1/8 page black and white ad in Economic Profile - up to 10 investor copies . Investor 100 word listing on TREO's web site with hot link . Subscription to e-Newsletter and Investor Only Alerts - breaking news . One Business Highlight/company profile annually in e-Newsletter . "Small Business Synergy" - private consulting and advice on leveraging all regional small business resources available to investor Affiliate $1,200 . Management Services - Qualification/participation in Arizona Job Training Program and Tucson/Pima Enterprise Zone, Foreign Trade Zone and Empowerment Zone Programs . Business Advocacy Services - ongoing throughout the year . "Small Business Synergy" - private consulting and advice on leveraging all regional small business resources available to investor . Investor discount on tickets to Welcome Reception for relocating businesses, Investor Breakfasts, and Annual Dinner/Economic Summit . Investor 100 word listing on TREO's web site with hot link . Subscription to e-Newsletter and Investor Only Alerts - breaking news Investor Benefits Coundl of Trustees - This select group of CEOs and top regional business/community leadership meets as needed to discuss regional competencies, future issues affecting regional economic development and challenges impacting local business at the leadership level. The Council of Trustees assists TREO in the development of a sound long-term strategic direction for the greater Tucson area. TREO Partidpation Opportunities - TREO offers investors the ability to participate as a volunteer in several key areas: Investor Relations Council, Small Business Advisory Council, High Tech Advisory Council. and Research Council. Leadership Exchange Trip - By invitation only, this trip organized by TREO brings together regional private sedor and public sector community leaders with peer counterparts in another selected city to discuss challenges and opportunities on common issues. Scheduled for Spring 2006. Customized Research (Business to Consumer and Business to Business) . Actionable Intelligence - in-depth data and analysis about the current regional market and/or customers for your business . Specio/ Studies/Analysis - Customized studies on specific aspects of your business based on its geographic location and impact of those factors . Future Projections regarding trwcsto<s business - Analysis about how the regional market for your company's products and services will change in the next 5/10/20 years Industry Roundtable Program - TREO staff will conduct annual industry-specific roundtable discussions to provide businesses with information on regional resources and business solutions. Site Seledor Conference - This targeted 2-day event is held annually, and brings in top site selectors from around the country to the greater Tucson area. The goal of this conference is to help educate key site selection consultants about the unique benefits of the Southem Arizona area for business relocations or expansions. Scheduled for Fall 2006. Employer Training Grants - Need more funding for your business but don't know where to turn7 TREO administers and provides expert assistance in applying for State of Arizona funding for a job-training grant program that supports the design and delivery of customized training to meet the specific needs of employers, create new jobs and increase the skill and wage levels of employees. Tucson/Pima Enterprise Zone - Need tax credits? TREO provides free consulting and application assistance for this program that provides State income tax credits for the creation of net new jobs. Also available is a property tax reclassification program for manufacturers who meet capital investment requirements and are locating or expanding facilities in the Enterprise Zone. Foreign Trade Zone - For firms that import goods or materials within the Foreign Trade Zone in the Tucson area, TREO provides assistance to apply for the deferral. reduction or possible elimination of US Customs duties. Empowennent Zone - TREO assists local companies with Federal tax incentives available to support business activity located in the Zone, as well as encourage the hiring of Zone residents. Incentives include Federal income tax credits, tax exempt bond financing and federal accelerated depreciation for equipment. BusinessUnc - A non-fee, web-based program offered by TREO that facMates increased commerce for Southern Arizona businesses by promoting their capabilities to regional and worldwide buyers. This program has documented millions of dollars in business since its inception and receives 35,000 web page views monthly. KVOA (NBC) Inside Arizona Business Show - A prime spot, 3D-minute local Sunday morning television show that focuses on the issues driving business growth and economic development in Southern Arizona. Advertising opportunities available through the Investor Categories. Economic Profile - This annual publication contains a full range of current regional economic development data for both existing businesses looking to expand as well as site selectors and other company representatives looking to relocate to the greater Tucson area. Business Advocacy Services - Private consulting and problem solving on city regulations, zoning and permitting issues within Tucson. Welcome Receptions for Relocating Businesses - Held to welcome a mid to large size business relocation or expansion to the greater Tucson area. Investors gain access to decision makers and community leaders. Investor Breakfasts - Held periodically to inform investors about economic development efforts and Tucson regional business trends. Annual DinnerjEconomic Summit - This annual dinner highlights TREO's accomplishments over the past year and presents the next fiscal year's Adion Plan. Awards include the Regional Cooperation Award and the Economic Development Deal of the Year Award. E-Newsletter - TREO's e-Newsletter highlights business, industry and real estate news in the greater Tucson area and is distributed monthly to site selectors, key players in company relocations and expansions, and investors. Investor Alerts - Investors are alerted with breaking economic development news, valuable information and TREO updates. Small Business Synergy - Many resources currently exist for small businesses to operate effectively in Southern Arizona. TREO staff can meet with individual investors for advice and direction on how to tap into small business networks. Investor Application Date: ~~ !S~R~oQ Economic Opportunities, Inc. Tell us about your business*: Company Name: DBA: Key Contad Person: Mr.jMs.jMrs. Key Contad's Title: Physical Address: Mailing Address: Billing Address: Zip Code Phone: 'if of Employees: Main Business Category: Additional Categories: TREO uses the standard Yel/ow Pages classifications for business categories. Use the Yel/ow Pages Classification that applies to your business. E-mail address (required): Web Site: Fax: Full-time Part time * It is TREO policy not to sell or disclose any or all parts of investor business listing information YOUR ANNUAL INVESTMENT: _Trustee $50,000 _Platinum $25,000 _Silver $5,000 _Stakeholder $2,500 _Gold $10,000 _Affiliate $1,200 P.O. 'if Check 'if Credit Card Type Amex_ Visa _ MC_ CC'if Expiration Date ---1----1 Authorized Signature Please charge my credit card in quarterly semi annual YOllr investor statlls is not active lInti/investor DlIes are paid. annual_installments. Who in your company should receive TREO information? Please list your recipients below (name, title, mailing address if different, and email address required): 1. 2. 3. 4. 5. 6. 7. 8. Signature: Return to: Tucson Regional Economic Opportunitiesf Attention: Investor Relationsf 720 North Stone Avenuef Suite 200f Tucson, AZ 85707. Investor dues in Tucson Regional Economic Opportunities may be tax deductible as an ordinary and necessary business expense. Investor dues paid are not a charitable tax deduction for federal income tax purposes.