Loading...
SR-804-000 " JHtI:: JJ: dvm Council Meetlng 12-8-81 . Santa Monlca, californla'4IIFember 7, 1981 fflJt!-OOO JJ-B . TO: Mayor and Clty Councll ,--, G i9S~ FROM: City Manager SUBJECT: Economic Development Program Introduction This report transmits information on economic developMent activities and recommends that the Clty Manager be authorlzed to inltlate a study of an economic develop~ent prograM for Santa Monica. ;)lScusslon Local governments, confronted wlth shrlnklng revenue base and reductlons in State and Federal funding, are increaslngly relying on econO~lC develop- ment activities as a source of revenue. A comprehensive economlC development program wl1l maxlmize public benefit and is particularly signlflcant for Santa ~10mca Slnce the Clty has opportuni":~es unavallable to most cities wlth equal population and land area. These lnclude: A large publlCly owned land resource. A healthy econO~lC base. A varlety of publicly owned and operated enterprises. Santa Monica's economlC development actlvlties, however, are currently scattered among several-Clty departments. In order to develop a coordlnated approach for econO~lC development, the staff intends to inltiate a cOMprehenslve study of economlC development opportunitles. The study, conducted by the City ~anager's Offlce, wlll lnclude: An inventory of economic developMent activlties currently In place throughout the City govern~ent. Jl-13 DEe 8 19at TO: Mayor and Cit4llPunCll . December 7, 1981 - 2 - Identlficatlon of actlvlties that would require monltoring by an entity other than the operating department. Identlficatlon of actlvltles that should contlnue to be operated by the City departments currently responslble. Evaluation of stafflng levels necessary to undertake a comprehenslve economlC development program. Identiflcatlon of the role of consultants. Prellminary ldentification of the role of local economlC development corporations and the Chamber af Camerce. Determinatlon of the program costs. The recommendatlons of the study will be presented to the City Council at the January 26th meeting. Pending completlon of this study, the position of Redevelopment Dlrector wll1 not be fllled. Staffing for the Municlpal Enter- prlse Dlvision, however, wlll proceed on schedule. RecommendatlOn Staff recommends that the City Councll authorlze the Clty Manager to lnitlate a study of a comprehensive economlC development program for Santa Manlca. PREPARED BY: JOHN H. ALSCHULER, City Manager JOHN JALILI, Asslstant Clty Manager --~- ...At- -- . ~ot/-(}OO . RESOLUTION NO. 6409(CC~ (Clty Counc~l Serles) A Resolutlon of the C~ty Councll of the Clty of Santa Monlca Authorlzlng the Clty Manager to In~tlate a Study of a Comprehenslve Bconom~c Development Program. WHEREAS, local governments are ~ncreaslngly dependent on economlC development actlvlt~es as a source of revenue; and WHEREAS, a comprehenslve economlC development program 15 partlcularly slgnlflcant for Santa Mon~ca since the Clty has opportunltles unavallable to Most c~tles wlth equal populatlon and land area; WHEREAS, Santa Monlcals economlC development actlVltles are currently scattered among several Clty departments. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The Clty Councll of the City of Santa Monlca authorlzes the Clty Manager to lnltlate a comprehenslve study of econOffilC development opportunltles. SECTION 2. The study wlll 1nclude an lnventory of econOffilC development actlvltles, evaluatlon of stafflng levels necessary to undertake a comprehensive economlC development program, and determlnatlon of program costs. SECTION 3. The City Clerk shall certlfy to the adoptlon of thlS resolutlon and thenceforth and thereafter the same shall be in full force and effect. "--- 'C. e APPROVED AS TO FOlli~: ~~.~ Robert M. Myers U Clty Attorney . - 2 - ,~ , e . ADOPTED AND APPROVED THIS 8th DAY OF December ~ 1981. () MAYOR ~ , I HEREBY CERTIFY THAT THE FOREGOING RESOLUTION NO. 6409(CCS)_WAS DULY ADOPTED BY THE CITY COUNCIL OF THE CITY OF SANTA MONICA AT A MEETING THEREOF HELD ON December 8 , 1981 BY THE FOllOWING COUNCIL VOTE: AYES: COUNCILMEMBERS: Conn, Edwards, Jennlngs, Press~ Reed, Zane and Mayor Yannatta GOldway NOES: COUNCIlMEMBERS: ~one ABSENT: COUNCILMEMBERS: None ABSTAIN: COUNCILMEMBERS: ~one ATTEST: I) '~1;111:: L 11 ' ( ~Cll u r I - I r ~ (iJ ~ CITY CLk_RK U