Economic Development and Finance Committee

Tuesday, October 12, 2021 · 3:00 PM AM · 411 W.Ocean Boulevard Civic Chamber

TL;DR

The Long Beach Economic Development and Finance Committee met to review economic indicators and discuss the city's recovery strategy. They conducted study sessions on the Long Beach Recovery Act and a new 10-year economic blueprint aimed at creating more equitable economic opportunities for workers, investors, and entrepreneurs.

Key Decisions

  • Approve Meeting Minutes from July 13, 2021 Passed
  • Receive 2nd Quarter 2021 Economic Indicators Report Passed
  • Long Beach Recovery Act Implementation Study Session Passed
  • Blueprint 2.0 Economic Opportunities Plan Discussion Passed
Agenda PDF Minutes PDF

Agenda

  1. MEMBERS OF THE PUBLIC HAVE THE OPTION TO USE eCOMMENTS TO PROVIDE 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
  2. CALL TO ORDER
  3. ROLL CALL
  4. REGULAR AGENDA
  5. 1. Recommendation to approve the minutes of the Economic Development and Finance Committee meeting held Tuesday, July 13, 2021.
    Agenda Item
    Action: approve recommendation Passed

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

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

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

  7. 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 the Long Beach Recovery Act (LBRA) as approved by the City Council on March 16, 2021.
    Agenda Item
    Action: approve recommendation Passed

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

  8. 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: approve recommendation Passed

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

  9. PUBLIC COMMENT
  10. ADJOURNMENT
  11. I, Tamela Austin, City Clerk Specialist, certify that the agenda was posted not less than 72 hours prior to the meeting.
  12. 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
  13. FINISHED AGENDA & MINUTES
  14. Also present: John Keisler, Director of Economic Development; Monica Kilaita, Deputy City Attorney; Tamela Austin, City Clerk Specialist.
  15. PUBLIC COMMENT (4:00 PM)
  16. REGULAR AGENDA (3:08 PM)
  17. ADJOURNMENT (4:00 PM)
  18. CALL TO ORDER (3:07 PM)
  19. 5. eComments received for the Economic Development and Finance Committee meeting of Tuesday, October 12, 2021.
    Agenda Item
    Action: received and filed

    This Agenda Item was received and filed.

  20. ROLL CALL (3:07 PM)