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City of Penticton Agenda Regular Council Meeting 2026-05-19

City plans MOU with RDOS for economic development

2026: $24,000; 2027: ~$53,000; 2028: ~$55,000; ~$33,000 (year not specified)City of PentictonRDOSMay 19, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Penticton is considering a three‑year Memorandum of Understanding with the Regional District of Okanagan‑Similkameen for a Regional Economic Development Collaboration. The arrangement would fund a regional Economic Development Coordinator position with annual contributions starting at $24,000 in 2026, increasing in subsequent years, subject to RDOS approval of the MOU.

Contract Details

Contract Amount

2026: $24,000; 2027: ~$53,000; 2028: ~$55,000; ~$33,000 (year not specified)

Vendor

RDOS

Agency

City of Penticton, Canada

Contract Type

OTHER

Document Date

May 19, 2026

Contract Term

Three year "Regional Economic Development Collaboration"

Renewal Info

Initial term is three years under a Memorandum of Understanding; future funding sources for 2027‑2029 to be determined through upcoming budget processes. No explicit renewal options are stated in the agenda text.

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