HomeMy WebLinkAboutMINUTES - 08171999 - C206 Ebnl
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TO: Dennis Barry, AlCP ` ""
Community Development Director . .„b U
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DATE: August 17, 1999
SUBJECT: Contra Costa Economic Partnership
SPECIFIC REQUEST(S) OR RE60IVIMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
AUTHORIZE the commitment of $25,090.99 to the Contra Costa Economic Partnership for
support in Fiscal Year 1999-00.
FISCAL IMPACT
No General Funds would be involved. The funds to be used (0595-9967) are available solely
for housing, community development and economic development purposes,
BACKGROUND/REASONS FOR RECOMMENDATIONS
In 1994 the County issued a Challenge Grant of$50,000.00 to the Contra Costa Council for
the development of an Economic Development Strategic Flan. The Council matched those
CONTINUED ON ATTACHMENT: YES SIGNATURE.
RECOMMENDATION OF COUNTY ADMINI T RAT OR RECO1t DATION OF POENCY
COMMITTEE APPROVE OTHER
SIGNATURE(S).-
ACTION
GNATURE( )aACTION OF BOARD ON August. 17 , 19 9 9 APPROVED AS RECOMMENDED xx OTHER
`OTE OF BOARD OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT TRUE AND CORRECT COPY OF AN
AYES: _ NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: _ ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Jim Kennedy
335-1255 ATTESTED-..- August 17 . 1999
cc; Community Development PHIL BATCHELOR, CLERK OF
Redevelopment Agency THE BOARD OF SUPERVISORS
County Administrator AND C TY ADMINISTRATOR
County Counsel .
MEDA B , DEPUTY
Contra Costa Economic Partnership
C ntra Costa Economic Partners�lp August 17, 1999
Funds with other private and public sector commitments, and proceeded to prepare an
Economic Development Strategic Plan. The major recommendation of the strategic
planning process was to create an Economic Partnership Organization. The purpose of
the partnership through its leadership and committed investments would be to;
Expand local high wage industries;
Nurture small emerging businesses and emerging new technology-driven
companies;
Business retention/expansion efforts;
* Entrepreneurial development, and
Research and marketing.
The Contra Costa Economic Partnership has been in existence for nearly five years. The
bulk of the Banding to support this Economic Partnership is corning from the private sector.
The Economic Partnership currently has over 20 private sector members, and 10 public
sector members. including the County. The County has provided a $25,000.00 contribution
to the Economic Partnership since its inception. The Contra Costa Economic Partnership's
pursuit of additional private sector investment is ongoing.
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