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Committee approves $26,250 renewal of Placer.ai platform for economic development use
Summary
The committee approved a $26,250 renewal contract with Placer Labs Inc. for the Placer.ai software platform to support economic development and planning activities funded through the First Ring Industrial Enterprise program.
The Economic and Development Committee voted to renew the Placer.ai software subscription from Placer Labs Inc. for $26,250 to support economic development and planning work funded through the First Ring Industrial Enterprise program.
A committee member moved approval and another member seconded. A committee member said Tony (staff) sent a recap of the software and the purpose “made sense.” The resolution passed by voice vote.
No further details about term length or performance metrics were discussed in committee beyond the stated amount and program funding source.
