Title:
Title
Inclusive Economic and Community Development Update
End
FileID
File ID: 2018-01696
Location
Location: Citywide
Recommendation:
Recommendation
Receive and file.
Contact: Michael Jasso, Assistant City Manager, (916) 808-1380, Office of the City Manager, Melissa Anguiano, Economic Development Manager, (916) 808-5864, Office of Innovation and Economic Development
Body
Presenter: Michael Jasso, Assistant City Manager, (916) 808-1380, Office of the City Manager, Melissa Anguiano, Economic Development Manager, (916) 808-5864, Office of Innovation and Economic Development
Attachments:
1-Description/Analysis
2-Inclusive Economic and Community Development Investment Committee Structure
3-Six-month Timeline
Description/Analysis
Issue Detail: Over the last few months the City has worked with several stakeholders to outline a framework to advance and implement an inclusive economic and community development strategy. On October 2, 2018, City Council adopted a framework that defined several components necessary to produce and implement a comprehensive strategy, including establishing: 1) a set of key inclusive guiding principles; 2) an investment committee; 3) a quality of life index; and 4) a criteria and performance metrics system. Collectively with our partners, we are now ready to embark on the next phase of this effort.
One of the initial steps will be the establishment of an Inclusive Economic and Community Development Investment Committee (Investment Committee). The Investment Committee will advise the City regarding policies, strategies, and investments to promote economic growth throughout the City's diverse communities. Specifically, the Investment Committee is expected to assist the City with vetting and preparing such recommendations for City Council consideration. In some instances, the Measure U Community Advisory Committee will review these recommendations prior to City Council approval. The Investment Committee will ...
Click here for full text