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Needs Analysis for Vacant and New Positions Position: Economic Development Manager 1. Is the position essential? Essential positions are those that provide core public health and safety services; emergency and disaster assistance; and preservation of the essential elements of the City's financial activities. The Economic Development Manager position plays a key role in preserving and ensuring the growth of the City's tax base in its industrial and commercial sectors. This tax base and job creation has a direct relationship to the financial health of the City and our opportunities for continued growth into the future. At no time greater than the present have our efforts in retaining and attracting businesses to the community been more important. Our local businesses require our support and advocacy in ensuring that they survive this downturn in the economy. The following is a summary of key responsibilities of the Economic Development Coordinator: Staff Liaison to EDA: • Provide staff support to Economic Development Authority, prepare agendas, cases for consideration, follow-up on direction, manage projects, develop annual work plan and goals, act on initiatives established. TIF and Job Creation Reporting/Tracking: • MBAF reporting for job creation. due annually April 1 — Reporting on job creation from subsidies awarded. • TIF reporting due annually August 1- Report summary of expenditures for year prior. • Manage escrow accounts — Manage escrow accounts for past industrial projects. • TIF Analysis, projections and runs Economic Development and Marketing Events: • Business Expo • Business Appreciation Day • Business Network Meeting and Small Business Seminar Business Retention and Relationship Management: • Business Retention — Coordinate appointments to meet and greet businesses on a regular basis. This is important during these tough economic times to meet with businesses and ask if there is anything the city can do to help. It is critical to stay in touch with our local businesses during this time to identify assistance that can keep them in business, identify opportunities to partner or collaborate, provide good analysis for business expansion. Property Management: • Property management (including RALF properties): o Develop property profiles, conduct property analysis, market, manage records o Negotiate leases, sales, acquisitions and assist formation of agreements o Coordinate maintenance 1