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Commission approves updated EDC contract for FY26, adds clearer metrics and private match language
Summary
After a months‑long negotiation, the board approved a revised one‑year city‑county interlocal contract with the Economic Development Corporation (EDC) that clarifies scope, measurable performance metrics, and a defined private investment match; the vote was unanimous.
The Sarasota County commission on Dec. 16 unanimously approved a revised fiscal‑year 2026 service agreement with the Economic Development Corporation of Sarasota County, clarifying the EDC’s scope of services, reporting requirements and private match language.
What changed: the new one‑year contract sets out a defined set of tactical activities tied to a three‑year strategic plan, requires quarterly performance…
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