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EDC Utah pitches $5,000 membership to help Magna attract businesses
Summary
EDC Utah presented economic development services and proposed a $5,000 annual engagement that would provide site‑selection outreach, a community profile and quarterly grant-reporting access; council asked staff to draft an agreement and to coordinate with MSD.
Greg Bisping, business-development lead for EDC Utah, told the council EDC helps communities market sites to companies and bring site selectors to Utah. He described a range of services — pipeline reports, research, and an annual events program — and said a small annual investment would increase Magna’s visibility to firms considering relocation or expansion.
"It's about $5,000 to engage in our services," Bisping said, describing the package that would include a community profile and quarterly grant reports. Council members asked staff to compare EDC’s services with MSD offerings and requested an agreement be prepared for later review rather than immediate approval. The council signaled interest but asked for measurable deliverables and an annual review.
Council members also discussed coordinating EDC work with MSD to avoid duplication; staff said the agreement would specify reporting and deliverables so council can evaluate performance annually.
