HomeMy WebLinkAboutDocumentation_Regular_Tab 8A_2/20/1992 t= )Y11J
A
wy VILLAGE OF TEQUESTA
o rs post Ol l-ik c Box 1271 • 157 -Fequc>la Urn e
m l ryuc'la. I'Ii)r dla 33410-027 i • (407) 575-6200
tm `° I:1X. (407) S75 (i'_01
MEMORANDi.7M :
TO: Village Council
FROM: Thomas G. Bradford, Village Manager /1 5 7
DATE: February 13, 1992
SUBJECT: Consideration of Membership in the Business
Development Board of Palm Beach County; Agenda Item
At the recent economic mini-summit held by the
Jupiter/Tequesta/Juno Beach Chamber of Commerce, it was made
evident to the participants that one of the discrepancies in the
employment base of the north county region is the lack of a
diversified number of "value added" businesses. The type of
industrial expansion that is supported is limited to clean
industry, high-tech industry, corporate or regional headquarters
and other industrial uses that mesh with our lifestyle,
environment and zoning. It was estimated that a value added
business with 100 employees brings 2.3 million dollars in capital
investment with it. For each 100 jobs created in a value added
industry, another 2 million dollars in payroll are added and
another 1 . 5 million dollars in retail sales are added. The
multiplier effect of such businesses and industry are self
evident.
Attached is correspondence received from Philippe Jeck, a member
of the Board of Directors of the Chamber of Commerce, requesting
Tequesta consideration of membership in the Business Development
Board. I believe that this is an important consideration and
that Tequesta should seek membership, joining with Jupiter to
utilize our membership and resources, in participation with the
Chamber of Commerce, to help bring these sought after industries
to the north county region in order to bolster and sustain our
local economy.
I believe that Philippe Jeck and/or Larry Pelton, Executive
Director of the Business Development Board, will be present to
answer any questions that you may have regarding this request.
It is recommended that Tequesta equal Jupiter' s support with a
$2, 500 annual investment in the Board. Should the Village
Council accept this recommendation, we will seek a budgetary
amendment at a later date.
TGB/krb
Attachment
Rer•,rlcd Paper
DECK HARRIS JONES & KAUFMAN
Attorneys and Counselors at Law
PHILIPPE C JECK ILLIAM M.SHARPLESS
SUITE 400,REYNOLDS PLAZA
AUDREY HARRIS OF COUNSEL
1061 EAST INDIANTOWN ROAD
GEOFFREYL.JONES
JUPITER,FLORIDA 33477 it/A
'9 .
JILL E.KAUFMAN �������� ^ �I
14071 746.1002 /'
1407I 283-5004 IMARTIN COUNTY) ' .�
TELECOPIER:14071747-4113 Z •
//, • " i
oFNq�s 99�e, 9
January 10, 1992
o
"
Tom Bradford, Village Manager
Village of Tequesta i
357 Tequesta Drive
Tequesta, Florida 33469
Dear Tom:
As you may recall from our December mini economic summit at
the Jupiter/Tequesta/Juno Beach Chamber of Commerce office, one
of the economic highlights of an otherwise uncertain year was the
successes of the Business Development Board of Palm Beach County
in attracting new business to our area. Jupiter supports this
organization with a $2 , 500. 00 annual investment (President's
Level) . I hope that you will also consider joining Jupiter and
the many other municipal members in investing in the tax base of
the future.
The Business Development Board is Palm Beach County's
official economic development authority, representing 37 separate
municipalities. The Board's mission is to assist in the area's
economic growth by recruiting, retaining and expanding global
business investments into Palm Beach County. Some of the Board's
most recent successes include the relocation of Sony Corporation
to the Arvida Park of Commerce, Costco, a Washington-based
distributor of consumer goods, to West Palm Beach, and W.R. Grace
& Co. to Boca Raton.
The Board receives inquiries from many sources regarding
companies seeking to relocate to Palm Beach County. These
sources include local banks, Business Development Board members,
local and state government, chambers of commerce and the Florida
Department of Commerce. The Board schedules approximately five
marketing trips per year to visit companies who have indicated an
interest in relocating to Palm Beach County.
Membership is offered at the following levels of
participation, valid for one year upon joining:
JECK HARRIS JONES & KAUFMAN
January 10, 1992
Page 2
$ 500. 00 General Level
$ 2 , 500. 00 President's Level
$ 5, 000. 00 Corporate Level
$10, 000. 00 Board of Advisors Level
Membership participation is encouraged at monthly committee
meetings and quarterly luncheons, providing the opportunity to
network with county officials, chamber executives and members of
the Board.
I will contact you next week to secure your level of
membership participation. In the meantime, please do not
hesitate to contact me if you should have any questions regarding
the Business Development Board of Palm Beach County.
Very truly yours,
/d,
PhilippeiJeck
Member, Board of Directors
PJ/bo
enclosure
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_ - : Why Joinoard of ?
FC Palm B Cr) he leach County Developmentness B not- .
._ - ty private,for-profit corporation founded in embership in the Business
1982. Recognizing the need to diversify the Development Board keeps you
local economy, seven Chambers of informed of the County s
Commerce, the Economic Council of Palm economic development activities and
ed Beach County and several progressive provides opportunities to network with
0 CR business leaders met to form the Palm Beach business and government leaders.
y
B. cn County Development Board. In 1990 the
CD `^ z PALM BEACH COUNTY.
►d 10 ►ci name was changed to more accurately reflect Joining also allows you to access the
e. R the mission. Board's research and support services that
8 Pla d can help your business grow. Here are just The Signature
to The Board receives partial funding from the a few of the valuable membership services
0 o t.
Palm Beach County Commission, but and activities the Board provides: of Business Success
O • depends heavily on the private sector. A
►r1 r 30-member Board of Directors is composed
p •
r" m of representatives of local chambers,govern-
• Quarterly luncheons
z • Introduction to new companies
Lay ment and business. They are assisted by
. o ed professional staff, plus standing committees • Palm Beach County Market Profile
and numerous task forces on which you may and other data Place your signature
serve: • Newsletters where it counts -
• Board committee and task force
a o with membership in the •
.71 Business Retention - Assists with local participation
►d expansions, identifies and eliminates Business Development Board
potential problems facing the business • Advocacy and "trouble shooting" for
4 communi business development issues ofPalm Beach County.
co
mmunity.
CC • Liaison between public/private sectors
y Marketing - Assists in recruiting new • Annual "Buyer's Guide," a handbook
x businesses; also plans showcase events, of local goods and services provided
C) identifies internal and external markets, to relocating companies .
o coordinates marketing trips and familiariza-
2 tion tours. Services to Relocating . .
Membership Services - Outreach to local and Expanding Businesses
Z businesses, encouraging involvement with . • Financial Assistance
n the Business Development Board.
• Employee Training& lrp
Industrial Revenue Bond-Reviews appli- Recruitment Assistance
cations for industrial bonds and recommends • Research Assistance
action to the County Commission. • Public/Private Partnerships
xcn Pr; '
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►um
,......i . ' ,
o companies of
Greater Opportunity Making Economic Membershipni is
available
who want to help build
For Your Business Tap The Source Development A Priority Palm Beach County's future. Whatever the
And Your County - nature of your business, you'll benefit as a
member of the Business Development Board.
ou're invited to become a part of a he.Business Development Board-is a ith a five-year strategic plan and the
prestigious organization this area's multi-faceted" organization serving active participation of members, the •
economic development Board is addressing the area's pressing Contact Person
official p
agency - The Business Development Board _ problems: Title
of Palm Beach County. • The area's marketing arm, promoting •
- • Palm Beach County to corporations,site • Diversifying an economy built around Copy
Top executives from all sectors of the selection firms and referral sources tourism, agriculture and real estate for
business community, the leadership of area greater stability - 'I Address
Chambers, municipalities and County • The source of information, support
government all commit their time and services and contacts for relocating and • Broadening the County's tax base while City,State,Zip -
resources to the Business Development expanding companies
P improving our quality of life
Board. Why? Because our mission — to . . Type of Business
recruit new companies and to retain existing • The catalyst for public/private • Boosting long term employment Phone
businesses and help them expand is key to partnerships -that enhance business
3. development opportunities for local citizens and
Palm Beach County's future. P generating new customers for existing Palm Investment Level Desired:
In an average a 12-month period, Board _ • The focal point for countywide economic Beach County companies General-$500/Year
0/Year
50,50
prospects generate 2,000 ± new jobs. development activities and the link to the Corporate-President's-$2$2 /Year
Relocation services have been provided to states efforts
companies such as Marquette Electronics, Board of Advisors-$10,000/Year
Sony Corporation,W.R. Grace&Company. $ Enclosed Please Bill Me
and dozens of other companies of all sizes. Each 100 new production jobs created in
Palm Beach County ripples throughout the Food stores
Private sector support is vital. to our local economy with surprising impact, $339,814
Signature
program. _-Palm Beach_County's business accordingto a U.S. Chamber ofCommerce _ '1111 J 'i"l I l fl'I �,
climate is equal to the nation's best with a study. ose jobs generate retail sales of o " St t%!4,;+rr���':,' Restaurants` Date
corporate roster to match. Yet, the market nearly$1.5 million annually. $180,249 w,� "ti4 ,, $138,881
for new businesses is intensely competitive "�,. 'r1 �°'�r4! ,if,'''„"'ono;,. a, x� Sponsoredby:
with more than 2,000 recruitment organza- r
tions in the United States. Building du �e Goods
Furniture Non rab
$73 893 1, 1tl1' $66 485
$1,031;262 Please Make Checks Payable To:
Your membership dollars,participation and 'ivrums. _ " « BUSINESS DEVELOPMENT BOARD
talents are all important to our success...and Durable Goods Gasoline Stations , i Apparel Stores
a I.,r OF PALM BEACH COUNTY, INC:
they're a sound investment, creating new $446,191 $152,178 rkry' �� �,y $70,918 1555 Palm Beach Lakes Blvd., Suite 914
opportunities for your own company or a 0��i'� ''i!'��, ��Y�I,;,i+,�iLli3O p:4��10!;,$,. West Palm Beach, FL 33401
_ ,'�ry 6 �,uV i III
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organization. Automobiles ';,1 Other Drug,Liquor&� Phone(407)684-2401
$245,257 .. �' $60,556 $149,222 Fax(407)478-2231