ST. CHARLES, Missouri — St. Charles County would pay its Economic Development Council $120,201 next year for business recruitment, small-business assistance and related services under a proposed agreement scheduled for introduction Monday.

The draft sets payments of $123,807 in 2028 and $127,521 in 2029, bringing the three-year total to $371,529 if the agreement runs through both renewals. The contract makes payments dependent on annual county appropriations.

The agreement calls for the council to assist businesses with financing, provide training and technical help, and handle inquiries from companies considering a move or expansion. It would also require an annual action plan and at least quarterly reporting on results.

The draft identifies leads generated and businesses served by jurisdiction as measures the council would track. Bill 5545 is listed for introduction at the county council’s Monday meeting.