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1.
Special Call Economic Development Advisory Committee Agenda
Meeting Date:
06/17/2024
Submitted For:
Mike Miller
Initiator:
Judy Villalobos, Executive Assistant
Department:
City Manager
Staff Information Source:
AGENDA ITEM TITLE:
Discuss and review Ordinance No. 4198-A, which establishes the Economic Development Advisory Committee, or take other necessary action. (Mike Miller)
BACKGROUND:
Ordinance No. 4198-A (h) authorizes the creation of an economic development advisory committee to review housing and retail economic development proposals and incentive requests.
(i) Facilitate economic growth, enhance business opportunities, and improve the overall economic well-being of our city. The committee will provide valuable input and recommendations to the City Council.
(1) The committee will focus on retail and housing economic development plans and projects including:
a. Strategic Planning: Develop and recommend economic development strategies and initiatives to the City Council;
b. Project Evaluation: Review and assess proposed retail and housing economic development projects for their potential impact and feasibility;
c. Resource Allocation: Advise on the allocation of resources to support economic development efforts;
d. Contract Review: Examine and evaluate contracts and agreements related to economic development projects, ensuring compliance with city policies and legal requirements; and
e. Reporting: Provide regular updates and reports to the City Council on committee activities and recommendations as needed.
(2) The committee will provide direction and recommendations to the City Council, 5 but the City Council will retain final approval authority for all economic development incentives.
RECOMMENDED ACTION:
discuss and review Ordinance No. 4198-A
Fiscal Impact
Attachments
Ordinance No. 4198-A
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