Economic Development and Finance Committee

Tuesday, July 13, 2021 · 3:00 PM AM · 411 W. Ocean Boulevard Civic Chambers

TL;DR

The Long Beach Economic Development and Finance Committee met to discuss economic recovery strategies in the wake of COVID-19 and review the city's first-quarter economic indicators. The committee focused on creating equitable economic opportunities for workers, investors, and entrepreneurs, with a particular emphasis on supporting local businesses impacted by the pandemic.

Key Decisions

  • Approve minutes from previous meeting Passed
  • Receive Q1 2021 Economic Indicators and Sales Tax Report Passed
  • Discuss Racially Equitable Economic Recovery Strategy Passed
  • Blueprint 2.0 10-Year Economic Plan Development Tabled
Agenda PDF Minutes PDF

Agenda

  1. ROLL CALL (3:11 PM)
  2. FINISHED AGENDA & MINUTES
  3. IN-PERSON/VIRTUAL HYBRID ECONOMIC DEVELOPMENT & FINANCE COMMITTEE MEETING PURSUANT TO EXECUTIVE ORDER N-08-21 ISSUED BY GOVERNOR GAVIN NEWSOM
  4. CALL TO ORDER (3:11 PM)
  5. REGULAR AGENDA (3:12 PM)
  6. PUBLIC COMMENT (4:06 PM)
  7. ADJOURNMENT (4:06 PM)
  8. Also present: John Keisler, Director of Economic Development; Gary Anderson, Principal Deputy City Attorney; Tamela Austin, City Clerk Specialist.
  9. 5. eComments received for the Economic Development and Finance Committee meeting of Tuesday, July 13, 2021.
    Agenda Item
    Action: received and filed

    This Agenda Item was received and filed.

  10. IN-PERSON/VIRTUAL HYBRID ECONOMIC DEVELOPMENT & FINANCE COMMITTEE MEETING PURSUANT TO EXECUTIVE ORDER N-08-21 ISSUED BY GOVERNOR GAVIN NEWSOM MEMBERS OF THE PUBLIC HAVE THE OPTION TO USE eCOMMENT TO PROVIDE COMMENTS ON AGENDA ITEMS. WRITTEN COMMENTS MAY ALSO BE SUBMITTED BY EMAIL TO CITYCLERK@LONGBEACH.GOV PLEASE VIEW THE MEETING FROM YOUR COMPUTER, TABLET, OR SMARTPHONE VIA: https://longbeach.granicus.com/ViewPublisher.php?view_id=84
  11. CALL TO ORDER
  12. ROLL CALL
  13. REGULAR AGENDA
  14. 1. Recommendation to approve the minutes of the Economic Development and Finance Committee meeting held Tuesday, April 6, 2021.
    Agenda Item
    Action: approve recommendation Passed

    A motion was made by Chair Mungo, seconded by Vice Chair Richardson, to approve recommendation. The motion carried by the following vote:

  15. 2. Recommendation to receive and file a report from Economic Development staff on 1st Quarter 2021 Economic Indicators and Sales Tax Study Report for 2019 to 2020 for the City of Long Beach.
    Agenda Item
    Action: approve recommendation Passed

    A motion was made by Chair Mungo, seconded by Vice Chair Richardson, to approve recommendation. The motion carried by the following vote:

  16. 3. Recommendation to conduct, receive and file a Study Session, and receive input from Economic Development & Finance Committee Members and members of the public for the implementation of a racially equitable economic recovery strategy to help Long Beach businesses and workers quickly and effectively recover from the economic hardship caused by COVID-19 as approved by the City Council on March 16, 2021.
    Agenda Item
    Action: approve recommendation Passed

    A motion was made by Vice Chair Richardson, seconded by Chair Mungo, to approve recommendation. The motion carried by the following vote:

  17. 4. Recommendation to conduct, receive and file a Study Session and receive input from Economic Development & Finance Committee Members and members of the public regarding the development of the Blueprint 2.0, the proposed 10-year plan to create equitable economic opportunities for workers, investors, and entrepreneurs in the City of Long Beach through the year 2030.
    Agenda Item
    Action: laid over

    This Agenda item was laid over by consensus to the next Economic Development and Finance Committee meeting.

  18. PUBLIC COMMENT
  19. ADJOURNMENT
  20. I, Tamela Austin, City Clerk Specialist, certify that the agenda was posted not less than 72 hours prior to the meeting.
  21. NOTE: The agenda and supporting documents are available on the Internet at www.longbeach.gov. Agenda items may be reviewed in the Office of the City Clerk or online at the Main Library and at the Branch Libraries. Persons interested in obtaining an agenda via e-mail should subscribe to the City of Long Beach LINKLB System at www.longbeach.gov/linklb. E-Mail correspondence can be directed to cityclerk@longbeach.gov. If a special accommodation is desired pursuant to the Americans with Disabilities Act, or if you need the agenda provided in an alternate format, please phone the Office of the City Clerk at (562) 570-6101 by 12 noon Monday, the day prior to the meeting. Inquire at the City Council Chamber Audio-Visual Room for an assistive listening device. ta