Title:
Title
Marysville Boulevard Economic Development Investment Initiative
FileID
File ID: 2018-01678
Location
Location: Del Paso Heights, District 2
Recommendation:
Recommendation
Adopt a Resolution 1) approving the Marysville Boulevard Investment Initiative (MBI2); and 2) authorizing the City Manager or the City Manager's designee to a) establish the Marysville Boulevard Investment Initiative Project (I02180700) and b) increase the expenditure budget in the Marysville Boulevard Investment Initiative Project (I02180700) by $1.1 million from the Del Paso Heights Funds (Fund 3805, 3806, 3807, 3808, and 3809) available fund balances.
Contact: Veronica Smith, Economic Development Senior Project Manager, (916) 808-1046, Office of Innovation and Economic Development
Body
Presenter: None
Attachments:
1-Description/Analysis
2-Resolution
3-Exhibit A (Marysville Blvd Investment Initiative)
Description/Analysis
Issue Detail: Marysville Boulevard has long been identified as a struggling corridor with potential. Since the dissolution of redevelopment the corridor has suffered from increased disinvestment which has resulted in its present condition. After receiving input from local businesses and residents, and feedback received through a series of community outreach meetings, focus group meetings, surveys, plans, and strategies, the concept was developed for the Marysville Boulevard Investment Initiative (MBI2) (I02180700). This Initiative will build upon a number of existing plans and strategies that have been developed for Del Paso Heights over the years, including the Del Paso Heights Implementation Plan, the Del Paso Heights American Institute of Architects Sustainable Design Assessment Team Report, and the Project Prosper Initiative. Furthermore, MBI2 has identified its priority area of focus as the area centered around the intersection of Marysville Boulevard and Grand Avenue. Focusing on the area at Marysville and Grand is the key to succ...
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