Economic Development Coordinator

City of Cedar Rapids

Are you a seasoned Economic Development professional who is motivated by transformational projects and is inspired by community success? The City of Cedar Rapids seeks a Economic Development Coordinator to join our dynamic team of Economic Development professionals. Our ideal candidate is one who wants to be engaged in transformational economic development projects in Iowa’s second largest city. If you find satisfaction in negotiating and securing high profile projects. The City of Cedar Rapids is the perfect place for you.  Read about our newest high profile investment in our community here: https://bit.ly/FirstWest 

At the City, we are committed to employing individuals who reflect our community’s diverse backgrounds. We appreciate and leverage the vast experience individuals bring beyond the technical requirements of a job. If you are an individual with similar experience listed here please consider applying. Experience and skills combined with commitment to our core values is key to building a greater community now and for the next generation; therefore, we encourage people from all backgrounds to apply to this position. Any person who anticipates needing accommodations for any part of the recruitment process please contact Katie Ulmer (k.ulmer@cedar-rapids.org or 319-286-5138).

 

What is in it for you? 

The City provides outstanding pay, benefits and time off. With participation in the Wellness Program, the Choice Family PPO plan cost is only $63.88 per month for 2022! Additionally we offer:

  • Medical co-insurance for participating providers of 90% plan / 10% employee
  • Iowa Public Employee’s Retirement Pension plans (IPERS) (Download PDF reader)  with a 9.44% City contribution and 6.29% employee contribution
  • 11 paid holidays per year
  • Up to $3,000 per year in educational assistance
  • 4 weeks of paid parental leave
  • Generous flex leave (paid-time off)
  • Annual pay increases
  • Typically receive annual cost of living increase depending on budget
  • 100% City paid basic life insurance
  • Dental, vision, long-term disability, and supplemental life insurance
  • Commitment to professional development

 

Cedar Rapids - Why you should live here! 

 

About the Position:

The Economic Development Coordinator is involved in the pivotal economic development projects which are shaping the City’s local economy. You will oversee administering the City’s Economic Development programs which leverage private investment in the community which result in job creation, tax base expansion, and redevelopment. This individual plays the critical role of understanding and representing economic development projects to City Council, City Planning Commission, and other public and private groups. This position is also responsible for measuring and reporting on the performance of economic development programs and building and managing relationships with developers, real estate professionals, site selectors, companies, and economic development partners.  

Assists with managing, negotiating and facilitating public actions necessary to implement the City’s Economic Development Programs.  

Position Schedule: Monday-Friday 8:00am-5:00pm

Salary: $81,577.60 annually to commensurate with experience
This position will be advertised until filled

Successful completion of a pre-employment background check, physical examination (if applicable) and drug screen are required prior to employment with the City of Cedar Rapids.

The City of Cedar Rapids does not offer sponsorship for employment authorization.

Examples of Duties / Knowledge & Skills

  • Prepares, negotiates, implements, and monitors actions and documentation necessary to implement City financial incentive tools, development agreements, urban renewal plans, urban revitalization areas, real estate contracts, leases, etc.
  • Prepares reports, city council documents, recommendations, and presentations for projects receiving financial incentives.
  • Makes oral presentations to City Council, City Planning Commission, and other public and private groups.  
  • Gathers and analyzes existing industry/economic data, measures performance of economic development program.
  • Conducts tax and public benefit analysis for economic development projects, tax revenue & liability projection, financial gap analysis, and deal structuring/underwriting.
  • Budgets, tracks, monitors, and implements economic development projects. Projects future financial obligations of projects.
  • Calculates and implements annual TIF payments, coordinates with Finance department on bond schedules & TIF district revenue projections, and oversees reporting/monitoring of TIF and URTE projects.
  • Maintains database information for project tracking, payments schedules, and reporting. 
  • Participates in meetings with business, developers, consultants, site selectors, partner economic development organizations, or others concerning proposed or ongoing economic development projects.
  • Performs related work as required.

Minimum qualifications & Requirements

Required Education and Experience

  • Bachelor’s degree from an accredited college or university in Planning, Public Administration, Business, Economics, Real Estate, or a related field and
  • Three (3) to five (5) years of experience in Economic Development, Real Estate or a related field or
  • An equivalent combination of education and/or experience
  • Excellent written, verbal and interpersonal communication skills
  • Proficiency with Microsoft Office
  • Ability to work collaboratively with a diverse population

Desired Qualifications

  • Economic Development Financial Professional (EDFP)
  • Certified Economic Developer (CEcD)

Job ID: 81697

Posted 9 days ago

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