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6c - Allocation of Funds for College InitiativeCity of Federal Way College/University Aeeds Assessment Federal Way City Council Meeting September 15, 2015 Brian J. Wilson, Chief of Staff Mayor's Office Interest in Federal Way as a site for a satellite campus for a major college or university Through the City"s College/University Initiative, a Needs Assessment Study is deemed necessary for this effort to move forward Needs Assesr., ent Q-.tudy Needs Assessment Study, sample elements: Background & Regional Needs Mission, values, goals Enrollment Targets Partnerships (Education Student Demands State Priorities Community Input & Business) Needs ..sses�ent Q-.tudy Mayor's Recommendation: Allocation of up to $75,000 from Strategic Reserves for a Needs Assessment Study Funding allocation to be reflected in 2015- 16 mid -biennium budget adjustment Mayor to initiate a Professional Services Agreement for the study to be conducted Needs ..sbes�ent 5.tuAl,, Options Considered: Allocate up to $75,000 from Strategic Reserves for acollege/university needs assessment study Do not allocate up to $75,000 from Strategic Reserves for a college/university needs assessment study Needs Assesr., ent Q-.tudy Brian J. Wilson, Chief of Staff Mayor's Office City of Federal Way nrian Wilson@citvoffederalway.com 253.835.2510 Needs Assesr., ent Q-.tudy