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Phoenix City Council Approves $150,000 Contract Amendment for Phoenix Sister Cities, Inc. to Support International Economic Development

  • When: 2025/06/04
  • Address: Citywide, Phoenix, Arizona
  • City: Phoenix
  • State: AZ
  • Category: Economic Development Incentives
  • Subcategory: Grants
  • Asset Class: Commercial
  • Size (Dollars): $150,000

The Phoenix City Council approved an amendment to City Contract 154617 with Phoenix Sister Cities, Inc. (PSC), increasing its funding by $150,000. This additional funding supports PSC's expanded role in the City's International Trade Strategy, specifically to cover costs associated with hosting the second Phoenix Global Forum. PSC, a 501(c)(3) nonprofit established in 1972, fosters global partnerships and business opportunities through commercial, educational, cultural, and artistic exchange programs. The Phoenix Global Forum, co-hosted with the International Economic Forum of the Americas, brought together international corporate leadership in key sectors, securing over $675,000 in sponsorships. With this approval, the revised aggregate value of the contract will not exceed $2,025,000, funded by the Downtown Community Reinvestment Fund. The original contract term remains unchanged, ending June 30, 2026.

Source

Applicant - Phoenix Sister Cities, Inc.


City Representative - John Chan