CITY MANAGER' S REPORT ITEM 4. 9
JUNE 12, 2023 CITY COUNCIL REGULAR MEETING
ITEM: OUT- OF- STATE TRAVEL APPROVAL FOR CITY STAFF
TO PARTICIPATE IN THE IAMC FALL FORUM IN
SEPTEMBER 2023
RECOMMENDATION: Adopt a Resolution Authorizing Out -of -State Travel for the Economic Development Administrator to
Attend and Represent the City of Lathrop at the
Industrial Asset Management Council' s Fall Forum
in Boise, Idaho from September 7, 2023 —
September 12, 2023
SUMMARY:
In an effort to market the City of Lathrop to new job generating businesses and attract industrial investment opportunities, the Economic Development Administrator requests approval to travel out- of-state to attend the Fall 2023 Industrial Asset Management Council ( IAMC) forum to be held in Boise, Idaho from September 7, 2023 through September 12, 2023. IAMC is a U. S. based industrial and manufacturing real estate trade association.
BACKGROUND:
The Economic Development Administrator is tasked to promote the City' s attributes for economic opportunities that will enhance the overall well- being and quality of life of the community and its residents. The IAMC forum presents a networking and marketing opportunity to attract new job generating businesses and industrial investment to the City of Lathrop.
IAMC is a membership organization focused toward Industrial Real Estate professionals. Corporate members include Pepsico, Thermo Fisher Scientific, Lockheed Martin, Boeing, Kellogg, Weyerhaeuser, Medline, and more. Service providers such as site selection consultants, national brokers, and developers, as well as Economic Developers are permitted to join. However, the membership is exclusive to corporate real estate professionals allowing only one service provider and one economic developer per corporate real estate professional in order to keep a balanced membership. Forums are held twice a year to allow networking and deal making opportunities related to the industrial industry.
The City' s Economic Development Administrator has attended these forums with past employers who were members of IAMC. Boise Cascade' s location in Lathrop, Medline' s location in Tracy, Thermo Fisher Scientific' s location in Tracy, and Weyerhaeuser' s expansion -relocation in Stockton were all results from networking relationships stemming from IAMC. After almost 4 years on the waiting list, the City of Lathrop' s membership has been accepted.
CITY MANAGER' S REPORT PAGE 2
JUNE 12, 2023 CITY COUNCIL REGULAR MEETING
OUT- OF- STATE TRAVEL FOR CITY STAFF
Staff is requesting out- of-state travel for attendance at the IAMC Fall 2023 Forum and sponsorship participation in the Team California hosted dinner and arrive -in - style events. Expenses for this out- of- state travel request include event registration, airfare, transportation, hotel, food, and participation as a sponsor in the Team California Activities. ATTACHMENT " B" includes additional information on ICSC Fall Forum 2023 Conference and Team California sponsorship participation.
REASON FOR RECOMMENDATION:
Staff requests that the City Council adopt the proposed resolution authorizing Out - of -State Travel for the Economic Development Administrator to participate in the IAMC Fall Forum being held in Boise, Idaho from September 7, 2023 to September 12, 2023 for the purpose of marketing, outreach, and business attraction.
FISCAL IMPACT:
The total cost for the ICSC conference is estimated to be $ 6, 272. 00. All expenses relating to this conference are within the proposed budget for the City Manager Department' s Economic Development Division FY 2023- 2024 pending City Council approval.
ATTACHMENTS:
A. A Resolution of the City Council of the City of Lathrop to Authorize Out -of - State Travel for the Economic Development Administrator to Attend and Represent the City of Lathrop at the Industrial Asset Management Council' s Fall Forum in Boise, Idaho from September 7, 2023 - September 12, 2023
B. Information regarding the IAMC 2023 Fall Forum and Team California Sponsorship Opportunities
CITY MANAGER' S REPORT
JUNE 12, 2023 CITY COUNCIL REGULAR MEETING
OUT- OF- STATE TRAVEL FOR CITY STAFF
APPROVALS:
L
Shelley Burcha
Economic Development Administrator
Salvador Navarrete
City Attorney
S en J. Salvatore
City Manager
Date
d D ) 6V;6
Date
S z Y.
Date
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RESOLUTION NO. 23-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LATHROP TO
AUTHORIZE OUT- OF- STATE TRAVEL FOR THE ECONOMIC DEVELOPMENT
ADMINISTRATOR TO ATTEND AND REPRESENT THE CITY OF LATHROP AT
THE INDUSTRIAL ASSET MANAGEMENT COUNCIL' S ( IAMC) FALL FORUM IN BOISE, IDAHO FROM SEPTEMBER 7, 2023 — SEPTEMBER 12, 2023 WHEREAS, City Council approved funding for a full- time Economic Development Administrator position to carry out economic development activities on behalf of the City; and
WHEREAS, staff has identified targeted industry opportunities to market the City for the attraction of businesses and retail establishments; and WHEREAS, funding identified for marketing events have been included in the proposed 2023- 2024 budget, pending City Council approval.
THEREFORE, BE IT RESOLVED that the City Council of the City of Lathrop, authorizes out- of- state travel for the Economic Development Administrator to attend and represent the City of Lathrop at the IAMC Fall Forum in Boise, Idaho from September 7, 2023 through September 12, 2023.
The foregoing resolution was passed and adopted this 12th day of June 2023, by the following vote of the City Council, to wit:
AYES:
NOES:
ABSTAIN:
ABSENT:
SONNY DHALIWAL, MAYOR
ATTEST: APPROVED AS TO ORM:
Teresa Vargas, City Clerk Salvador Navarrete, City Attorney Resolution No. 23- Page 1 of 1
REGISTRATION FEES
IAMC Members
Member Type
Corporate Member
1st Time Corporate Member Special
Registration plus membership clues lot- I year,!
ATTACHMENT " B"
By June 16 By Aug 4 After Aug 4
5810 S860 S960
51, 185 31, 235 $ 1, 335
Ist Economic Developeriservice Provider Company Member Rep" Si, l' 70 51, 245 $ 1, 370 HOTEL
IAM tes: This property his multiple room types at the negotiated rate of 194. 00 ( plus taxes/ fees) per night vai; able on a first -come, first -served basis. Each person beyo cy rs an addjtionai $ 15. 00 per night. Group rates will be honored t,,%,o days before Group arrival and two days after Group departure based on space availability at the group rate. All reservations must be accompanied by first night room deposit on a major credit card.
Deadline: The ! AMC group rate expires on August 8, 2023,
TEAMCALIFORNIA SPONSORSHIP
Based on IAMC Spring Forum Sponsorship Numbers
ACTIVITY OTY RATE AMOUNT
Tradeshow income. Sponsoishlias 1 2,300. 00 2, 300. 00
California Private Dinner Plus Swag Sag
Sponsor IAMC Spring Forum 2023
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