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A <br />1_1 R I s <br />2010 Plan of Work <br />PURPOSE, GOALS & DUTIES (Based on Staff Reorganization and Updated Bylaws) <br />PEDC's Purpose <br />To promote, stimulate and enhance economic development in Paris and Lamar <br />County. <br />PEDC's Goals <br />l. To create new jobs and retain existing jobs. <br />2. Conduct planning, research and job training activities to promote: <br />i. Business retention and expansion. <br />ii. Formation of new business. <br />iii. Business attraction. <br />3. Develop and implement marketing strategies to promote PEDC's programs and <br />services and educate stakeholders. <br />PEDC Duties <br />1. Strategic Planniniz <br />A. Develop an overall ED plan for the City, including long- and short-term <br />goals to be approved by City Council. <br />2. Managiniz Resources <br />A. Manage finances within the law for economic development goals that have a <br />direct benefit to the citizens of Paris, Lamar County, Texas. <br />B. Develop parameters for ED funding requests and collaborate with the City <br />and County to negotiate and implement ED funding agreements. <br />3. Accountability Reportin~ <br />A. Prepare & submit to City Council by June 30"' annually: <br />i. Updated ED plan. <br />ii. Proposed annual budget and plan of work with programs, projects and <br />tasks for the fiscal year. <br />B. Present Quarterly Reports (Jan., Apr., Jul., Oct.) and an Annual Report to <br />City Council by Feb. 1 S` <br />t <br />a 01 0 0 f,?5 <br />