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A Study Session on the Draft Recommendations and Objectives Outlined in the Economic Vitality Strategic Plan Prepared by Consultant Camoin Associates, Inc.
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Introduction
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The purpose of this agenda item is to review and discuss the draft Economic Vitality Strategic Plan.
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Recommended Action
Staff recommends the Board of Trustees provide feedback on the recommendations and objectives outlined in the draft Economic Vitality Strategic Plan.
Prior Board Action
The Board has taken the following prior action(s):
* On January 14, 2025, the Board of Trustees provided feedback on the preliminary framework for the Economic Vitality Strategic Plan
* On July 23, 2024, the Board of Trustees approved Resolution 24-227 approving a Professional Services Agreement with Camoin Associates, Inc. to complete an Economic Vitality Strategic Plan
Background
On April 12, 2024, the Village issued a Request for Proposals ("RFP") for a comprehensive Economic Vitality Strategic Plan in accordance with Village Board Goal 6.1: Update the Village's Formal Economic Vitality Strategy. The RFP was posted for a three (3) week period with final responses due at 4 pm on May 8, 2024. The Village received three (3) responses to the RFP with Camoin Associates, Inc. submitting the lowest qualified bid at a total cost of $125,000.00.
On July 23, 2024, the Board of Trustees approved Resolution 24-227, approving a Professional Services Agreement with Camoin Associates, Inc. to complete a Comprehensive Economic Vitality Strategic Plan. Since approval of Resolution 24-227, staff representing the Manager's Office, Development Services, and Neighborhood Services have met with the consultant on a biweekly basis.
Since July 23, 2024, Village Staff and Camoin Associates, Inc. have met with over 75 local, state, and federal organizations, facilitated a community pulse survey, hosted an Open House with the support of the Oak Park Public Library, and researc...
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