Res-2019-158 Centerfuse - Laserfiche WebLink

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3. Will your organlz.allon be capable of supporting this poliftfon In lha future without support from this fund? Please describe your pl;an and Include target dates for lmplementatlon and compl•tton. If no plan Is currently In place and/or no plans ar• being made, please explain why. After an extensive overhaul of financial systems, Centerfuse is now In development of a strong proactive economic development organization for the City of Ellensburg and Kittitas County. Currently underway Is a data-driven examination of our current cash flow and assets and how best to leverage those to redevelop facilities and proactivelv recruit business and bring jobs to Ellensburg and Kittitas County. Utilizing the meager budget resources that CenterFuse has to rebrand and market our communities, the organization is requesting that the county continue to assist the ADOs with financing of staff, to allow resources to be used in direct recruitment of companies and redevelopment of facilities. CenterFuse is now strategically investigating other sources of funds, and Intends to fully fund this position within 3-5 years. The work plan is examining strategies to create a sustainable revenue stream. 4. WIii this position serve the needs and/or Interests of multiple Jurisdictions and/or organizations? Please explaln In detail. The work of CenterFuse focuses on the 7-square-mile area of the City of Ellensburg plus the Urban Growth Area (UGA). In addition, CenterFuse recognizes that partnering in efforts to strengthen economic development in Kittitas County benefits the entire region. CenterFuse plays an active role to ensure Ellensburg and Kittitas County have a vibrant and prosperous local economy that values Its history and natural beauty. CenterFuse strives to be knowledgeable, professional, welcoming, and connected in order to support business success and growth in Ellensburg. CenterFuse partners with the Kittitas County Chamber of Commerce to assist with strategies, business recruitment, and work plans that affect both Ellensburg and the County. Staff and board have seats on their Chamber board of directors, the County Economic Development Committee, and the Government Affairs group. Staff attends airport advisory meetings, meets with county commissioners as needed, and offers support for initiatives such as the extension of the east 1-90 project, FISH Food Bank, and CWU initiatives and construction projects. Strong economic development strategies for Ellensburg, and partnerships with other county organizations will benefit the entire county, offering new and better jobs for all residents. 5. What goals and dellverablas have you set for this position? How wlll you measure sucC888? The move of the EBDA back to the City is a strategic investment that has granted CenterFuse the opportunity to reevaluate its priorities and strategies. Some of the major goals that have been accomplished In the last year include: Establishing stronger financial systems and oversight • New Mission, Vision, and Core Principals • Successful application in partnership with the Chamber for two Opportunity Zones • Hiring of a part-time economic development professional • Recruitment of strong CenterFuse board members • Renaming and rebranding of the EBDA to CenterFuse 7