HomeMy WebLinkAboutMINUTES - 12141993 - FC.5 Contra
Costa
TO: BOARD OF SUPERVISORS County
T cup J ' ty
FROM: Finance Committee
DATE: December 14, 1993
SUBJECT: Countywide Economic Development Strategy
SPECIFIC REQUESTS) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
ACCEPT report from the Director, Growth Management and Economic
Development Agency, regarding development of a Countywide Economic
Development Strategy.
FISCAL IMPACT
. None, no General Funds are involved.
BACKGROUND/REASONS FOR RECOMMENDATIONS
(Refer to attached report. )
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON December 14, 1992 APPROVED AS RECOMMENDED X OTHER XX
ACCEPT report and authorize the Director, Growth Managmeent and Economic
Development Agency, to submit an application for 1994/95 CDBG funds in the
amount of $50, 000 for the development of a Countywide Economic Development
Strategy.
VOTE 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.
Jim Kennedy
646-4076
cc: Community Development
County Administrator ATTESTED �,,,, ,�
County Counsel PHIL BATCHELOR, CLERK OF
GMEDA THE BOARD OF SUPERVISORS
Redevelopment AND COUNTY ADMINISTRATOR
via Community Development
HCDAC,
BY , DEPUTY
JK:m
sra 11/edstrat.bos
CONTRA COSTA COUNTY
COMMUNITY DEVELOPMENT DEPARTMENT
DATE: December 13, 1993
TO: Finance Committee
FROM: Val Alexeeff, Director
Growth Management & Economic Development Agency
SUBJECT: Development of a Countywide Economic Development Strategy
On September 30, 1993 the Board of Supervisors hosted a countywide Economic Summit. The
Economic Summit concluded that this County needed to be much more pro-active in promoting
and facilitating economic development.
A principle common among jurisdictions that have initiated successful economic development
efforts is the development of a strategic plan that:
• Analyzes the County;
• Identifies the assets and liabilities;
• Sets quantifiable goals;
0 Establishes program objectives with priorities; and
• Contains an action plan.
Community Development Block Grant (CDBG) funds may be used to finance the development
of economic development strategies, (see 12/13/93 memorandum regarding use of CDBG funds
for economic development). The Housing and Community Development Advisory Committee
is currently developing the County's recommended 1994-95 CDBG program. Should the Board
of Supervisors wish to pursue development of an economic development strategy jointly with the
private sector and other cities within the next year, it is suggested that the Board of Supervisors
refer to the Housing and Community Development Advisory Committee a request for 1994-95
funds. An estimated $100,000 would be needed to prepare a countywide economic development
strategy. Attempts are being made to enlist financial support from both the public and private
sector to augment these funds, however, no commitments are in place today. Discussions on
both the financial and organizational front continue.
VA/jb
1JK/fmancel.mem