Economic Development Commission
TL;DR
The Long Beach Economic Development Commission held a virtual meeting focusing on economic equity and development strategies. The commission received presentations on racial equity, guaranteed income pilot programs, and potential economic empowerment zones. Several key discussions centered on addressing economic barriers for people of color and supporting local businesses.
Key Decisions
- Economic Empowerment Zones (EEZ) Financing Strategy Passed
- Racial Equity and Reconciliation Report Received and Filed
- Guaranteed Income Pilot Project Approved for Further Exploration
- Economic Inclusion Study Session Passed
Agenda
- SPECIAL COMMISSION MEETING VIA TELECONFERENCE PURSUANT TO EXECUTIVE ORDER N-25-20 ISSUED BY GOVERNOR GAVIN NEWSOM
- EDC Meeting via WebEx https://longbeachcity.webex.com/longbeachcity/j.php?MTID=m209ffa518a945aef4826251d9c24e809 Meeting number (access code): 187 891 9541 Meeting password: EDCJune Join by phone +1-213-306-3065
- REGULAR MEETING - 4:00 P.M.
- ROLL CALL
- EXECUTIVE DIRECTOR'S REPORT
- REGULAR AGENDA
- 1. Recommendation to approve the minutes for the meeting held May 10, 2021.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Blair, seconded by Commissioner Thomas, to approve recommendation. The motion carried by the following vote:
- 2. Recommendation to receive and file an update regarding Economic Development Department communications and outreach regarding economic support programs for the month of May 2021ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Thomas, seconded by Commissioner Shimoyama, to approve recommendation. The motion carried by the following vote:
- 3. Recommendation to receive and file a presentation from Deputy City Attorney Monica Kilaita regarding the Brown Act.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Blair, seconded by Commissioner Thomas, to approve recommendation. The motion carried by the following vote:
- 4. Recommendation to receive and file a presentation from Chairman and CEO Larry Kosmont regarding the use of Enhanced Infrastructure Financing Districts (EIFD) and Community Revitalization and Investment Authorities (CRIA) to support the establishment of Economic Empowerment Zones (EEZ) in the City of Long Beach.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Thomas, seconded by Vice Chair Schumer, to approve recommendation. The motion carried by the following vote:
- 5. Recommendation to receive and file a presentation from Deputy City Manager Teresa Chandler regarding the Racial Equity and Reconciliation Report and the City of Long Beach goals for addressing structural racism and barriers to economic opportunity and wealth for people in color.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Metoyer, seconded by Commissioner Cohn, to approve recommendation. The motion carried by the following vote:
- 6. Recommendation to receive and file a presentation from Economic Equity Officer Lucius Martin regarding the City of Long Beach Guaranteed Income Pilot Project and how basic income programs can help to advance economic equity.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Blair, seconded by Commissioner Cohn, to approve recommendation. The motion carried by the following vote:
- 7. Recommendation to conduct, receive, and file a study session with local business and public policy leaders regarding the Economic Inclusion Focus Area of the Blueprint for Economic Development and the challenges, opportunities, and recommended strategies to promote economic empowerment for all households, businesses, and workers in the City of Long Beach.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Cohn, seconded by Commissioner Blair, to approve recommendation. The motion carried by the following vote:
- 8. Recommendation to receive and file Commissioner recommendations for future agenda items, speakers, and presentations.ED-Agenda ItemAction: approve recommendation Passed
A motion was made by Commissioner Thomas, seconded by Commissioner Cohn, to approve recommendation. The motion carried by the following vote:
- PUBLIC PARTICIPATION: Members of the public are invited to address the Board on items of interest to the public within the Agency Board jurisdiction. Each speaker will be limited to two minutes unless that time is extended by the Chair.
- COMMENTS
- ADJOURNMENT Next regular meeting: July 12, 2021 4:00 PM. I, Bob Mossler, Project Analyst, Economic Development Department certify that the agenda was posted not less than 72 hours prior to the meeting. Signature: ____________________________ Date: _______________
- Note: The Economic Development Commission agenda and supporting documents are available on the Internet at http://longbeach.legistar.com/Calendar.aspx. Agenda items may also be reviewed online at the Main Library and at the Branch Libraries. Persons interested in obtaining an agenda via email should send an email request to the Clerk of the Economic Development Commission at robert.mossler@longbeach.gov. Any supplemental writings or documents regarding an agenda item that are distributed to a majority of the Economic Development Commission after the posting of this agenda will be available for public inspection on the internet at: “http://longbeach.legistar.com/Calendar.aspx." The City of Long Beach intends to provide reasonable accommodations in accordance with the Americans with Disabilities Act of 1990. If a special accommodation is desired, please call Bob Mossler 48 hours prior to the Economic Development Commission meeting at (562) 570-5503. This information is available in an alternative format by request to Bob Mossler at (562) 570-5503. For correspondence purposes you can reach City staff at robert.mossler@longbeach.gov.