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Council approves $165,000 annual consulting agreement with Bonner Advisory Group for economic development
Summary
Council approved a renewed consulting agreement with Bonner Advisory Group LLC to provide economic development advisory services to Sterling Heights at an annual fee of $165,000; the agreement includes a $165 hourly rate for out‑of‑scope special projects and termination notice provisions.
The Sterling Heights City Council voted to approve a consulting services agreement with Bonner Advisory Group LLC to continue providing economic development advisory services to the city at an annual fee of $165,000.
Under the approved agreement, the firm will receive $165,000 per year (paid monthly at $13,750) for the core economic development advisory scope. The contract also includes an hourly rate of $165 for special projects or services outside the core scope and allows the city to terminate the agreement with 30 days’ notice after the first year (90 days is in the initial term). The contract does not provide…
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