Here's interesting detail on how Destination Medical Center's Economic Development Agency, the very non-public entity that will do much of the legwork behind DMC, will operate and integrate with DMC Corp., according to minutes from the first DMCC board meeting. Ignore some of the bullets...couldn't make the formatting transfer from PDF to Typepad:
L isa Clarke, Administrator for the DMC ...explained how the DMCC will connect with the Economic Development Agency to fully execute the DMC Plan. The EDA is a group that the DMCC will contract with to provide services for the purpose of developing and marketing the DMC.
The Primary Functions of the EDA are as follows:
Facilitating private investment through development of a comprehensive marketing program to global interest.
Developing and updating the criteria for evaluating and underwriting development proposals.
• Drafting and implementing the development plan, including soliciting and evaluating proposals for development and evaluating and making recommendation to the DMCC Board and the City regarding those proposals.
Providing transactional services in connection with approved projects.
Developing patient, visitor, and community outreach programs for a destination medical center development district.
Working with the corporation to acquire and facilitate the sale, lease, or other transactions involving land and real property.
Seeking financial support for the corporation, the city and a project.
Partnering with other development agencies and organizations, the City and the County in joint efforts to promote economic development and establish a destination medical center.
Supporting and administering the planning and development activities, required to implement the development plan.
Preparing and supporting the marketing and promotion of the medical center development district.
Preparing and implementing a program for community and public relations in support of the medical center development district.
Assisting the corporation or city and others in applications for federal grants, tax credits, and other sources of funding to aid both private and public development.
Making other general advisory recommendations to the DMCC and the City, as requested.