File #: 21-4362    Version: 1 Name: Board Discussion and Possible Action Regarding Approval of Funding for Professional Services Contract With The Retail Coach, LLC
Type: Discussion Item Status: New Business
File created: 10/15/2021 In control: Mansfield Economic Development Corporation
On agenda: 11/2/2021 Final action: 11/2/2021
Title: Board Discussion and Possible Action Regarding Approval of Funding for Professional Services Contract With The Retail Coach, LLC
Attachments: 1. MEDC Retail Coach, LLC PSA.pdf

Title

Board Discussion and Possible Action Regarding Approval of Funding for Professional Services Contract With The Retail Coach, LLC

 

Requested Action

Consider approving funding of $40,000 for professional services contract with The Retail Coach, LLC

 

Recommendation

Approval of funding of $40,000 for professional services contract with The Retail Coach, LLC

 

Description/History

MEDC would like to engage The Retail Coach, LLC to assist with recruiting desired retail development to the City of Mansfield.

 

Justification

The services provided by The Retail Coach, LLC will assist MEDC in attracting the "next level" retailers. The Retail Coach currently provides MEDC with the annual demographic report and semi-annual traffic counts that are published on the MEDC website. Staff recommends approving $40,000 to fund the professional services contract with The Retail Coach, LLC

 

Funding Source

4A

 

Prepared By

Richard Nevins, Director Economic Development, 817-728-3652