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ECONOMIC DEVELOPMENT PARTNERSHIP                                         Media ReleaseFor Immediate Release               ...
The location of the signing, the birthplace of the Bluegrass State, will also soon be home to the EDPand four of its five ...
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RELEASE: EDP Partners gather to sign new Memorandum of Agreement

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This is the 6-29-12 media release announcing the EDP Partner's formal signing of the 2012-2015 Memorandum of Agreement for the Danville/Boyle County Economic Development Partnership (EDP).

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Transcript of "RELEASE: EDP Partners gather to sign new Memorandum of Agreement"

  1. 1. ECONOMIC DEVELOPMENT PARTNERSHIP Media ReleaseFor Immediate Release FOR MORE INFORMATION . . .June 29, 2011 Contact: Charlie Cox Marketing & Communications Coordinator Danville/Boyle County CVB/EDP Phone: (859) 583-4341 E-mail: charlie@betterindanville.comL to R: Boyle County Judge-Executive Harold McKinney; Danville Mayor Bernie Hunstad; Convention & Visitors Bureau Chairman Jerry Boyd; EDP/Boyle County Industrial Foundation Chairman John Albright; Main Street Perryville Robbie Mayes; Junction City Mayor Jim Douglas; Junction City Councilman Lloyd Bowling; Heart of Danville President Vicki Darnell; Perryville Mayor Ann Sleet; and Chamber of Commerce Chairman Ben Nelson. EDP Partners gather to sign new Memorandum of AgreementDanville, KY— Kentuckys state motto, "United We Stand, Divided We Fall," was echoed Fridaymorning as Partners from the Danville/Boyle County Economic Development Partnership gatheredat Governors Circle in Constitution Square to sign the organizations 2012-2015 Memorandum ofAgreement. This agreement essentially outlines how the 9 partners have agreed to work together as ateam to better Boyle County.
  2. 2. The location of the signing, the birthplace of the Bluegrass State, will also soon be home to the EDPand four of its five economic development organizations. Representing the EDP local governmentpartners were Danville Mayor Bernie Hunstad, Boyle County Judge-Executive Harold McKinney,Junction City Mayor Jim Douglas, and Perryville Mayor Anne Sleet, and signing the MOA for theEDP Partner organizations were Boyle County Industrial Foundation Chairman John Albright,Chamber of Commerce Chairman Ben Nelson, Convention and Visitors Bureau Chairman JerryBoyd, Heart of Danville President Vicki Darnell, and Main Street Perryville Chairman RobbieMayes.The newly approved and signed MOA goes into effect July 1 and will carry until June 30, 2015. Itsprimary objectives is to coordinate the missions and initiatives of the EDO Partners as a unifiedteam to achieve effective performance-the recent Rand McNally visit being an example of EDPteamwork--and create a stronger cooperation among EDO partners to achieve a more efficientstewardship of public and private funds within the EDP. Changes from the old MOA to the newMOA include increased fiscal stewardship, including a centralized financial accounting system for allEDO Partners, strengthened budget accountability within the EDP to local government partners, aformalized procurement system for supplies, equipment, and services, as well as better internalcontrols to conform to best practices recommended by the Kentucky Auditor of Public Accounts,and more effective performance, including a formalized personnel system to serve all EDO Partnerswith consistent policies and practices, and clarified relationships of EDP President/CEO with theEDO Partner executive directors.The MOA drafting process began in early 2012 with Nelson acting as the facilitator. Through aprocess of meeting with EDP staff and EDO boards over several months, Nelson gatheredfeedback from all involved parties. The final version of the MOA was completed in the spring andapproved by all boards governing the nine EDP Partners. "This was truly a collaborative effort,"said Nelson. "I can confidently say that each person involved in the EDP and all the EDOs had avoice in creating this agreement that will allow our banner Partnership, which is considered a stateand national model for how EDOs should work together, to work more efficiently andcollaboratively."Said EDP Chairman John Albright: "This new agreement takes the Partnership to the next level, andachieves much of what we envisioned at the EDPs creation in 2006. Its a team effort for thebetterment of all of Boyle County, and I appreciate the Partners for their continued support of theEDPs unified approach." ###

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