2018-12-11 RM 7a

BRIEFING ITEM Date of Meeting December 11, 2018 DATE: November 19, 2018 TO: Stephen P. Metruck, Executive Director FROM: David McFadden, Managing Director SUBJECT: 2017-2018 Economic Development Partnership Program Results Presentation EXECUTIVE SUMMARY In June 2016, the Port of Seattle Commission (POS) created the Economic Development Partnership (EDP) program to advance local economic development in partnership with cities in King County. The program, funded by the tax levy, provides cities $1 per capita with a minimum funding amount of $5,000 and a maximum funding amount of $65,000. The Commission authorized a second round of EDP program funds in 2017. POS awarded just over $950,000 to 30 King County cities through the EDP program during the 2017-2018 funding cycle. During this funding cycle, the Port shifted the EDP program timeline to align with the calendar year budget cycle after receiving feedback from multiple city partners. City partners were finding it difficult to secure matching funding halfway through the municipal budget cycle. While most city initiatives will take time to show results, there were some immediate measurable outcomes.  Kenmore won the Association of Washington Cities 2018 Municipal Excellence Award in Economic Development for the Kenmore Business Incubator and Business Accelerator training.  Kent partnered with the Aerospace Joint Apprenticeship Committee (AJAC) to establish a manufacturing resource center helping workers find jobs and job training opportunities in the aerospace industry and facilitating pathways to family wage jobs.  Issaquah jump-started a new, city tourism promotion organization by hiring an executive director and…

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PSCAA Advisory Council Meeting Agenda
Add to CalendarMWednesday Mar 11, 9:00am - 11:35am
1904 3rd Avenue, Suite 105, Seattle, WA 98101
Call to order – Roll Call – Quorum Established – Land Acknowledgement We would like to acknowledge that our Agency operates in four present-day counties, which are the traditional lands of the Coast Salish people, past and present. This acknowledgement does not take the place of authentic relationships with indigenous communities in our jurisdiction and [...]