Think about it as if it was a private golfing club, where these guys (corporate executives, real estate developers, bigshot investors, local politicians and officials, chief of police, county and city judges) all hang out in the same bar and play golf together, and shoot the shit with each other, and go to each others' kids' soccer games and so on. I'm sure there's a lot of peer pressure for them all to kind of get along and scratch each other's backs so that everyone can profit at the expense of the rest of us schmucks who are not in the club. A phone call is probably the most formal that it would get!
I think this is mostly it. But a little more generously, a lot of business leaders do have civic pride and if remote work is going to collapse the city's tax base, that isn't about personal profit. There are practical and emotional reasons why politicians, business leaders, educational and healthcare institutions, non-profits etc. would not want this. And this all trickles down to voters - people don't want to live in a crappy place!