Legislation Details

File #: 2018-87    Version: 1 Name:
Type: Informational Report Status: Agenda Ready
File created: 3/8/2018 In control: City Council Study Session
On agenda: 3/28/2018 Final action:
Title: Cathedral City Equitable Economic Strategy
Attachments: 1. Draft Equitable Economic Strategy, 2. Community Hiring Efforts MOU for Ace Hardware, 3. Summary of Recommendations, 4. DVBA Letter Comments for the Record
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City Council

MEETING DATE: 3/28/2018
TITLE:
Title
Cathedral City Equitable Economic Strategy
End

FROM:
Leisa Lukes, Business Development Manager

RECOMMENDATION:
Recommendation
This item is presented for information, discussion and direction only.
Body


BACKGROUND:
An equitable economic strategy strives to ensure that the community at large benefits from good jobs, adequate infrastructure, and responsive local institutions - the amenities typical of vibrant communities. It aims to shift how public, private and philanthropic investments are deployed and how economic benefits, workforce development opportunities, and community-oriented social and cultural resources are delivered throughout the community.
The City Council and staff are focused on creating long-term economic opportunities for Cathedral City's residents. Economic development is well underway in Cathedral City as indicated in the recent State of the City address. An Economic Development Plan is being crafted to further grow and expand economic opportunities within the city. In balance with this Plan, equitable economic strategies are intended to provide a roadmap of clear, actionable steps that the City and its stakeholders can take to support economic development, promote small business and create viable employment pathways for residents. In 2017, the City contracted with Estolano LeSar Perez Advisors (currently Estolano LeSar Advisors) to prepare an Equitable Economic Strategy for the City, which the consultant will present for Council information and discussion.

DISCUSSION:
On January 25, 2017, the City Council approved an agreement for services with Estolano LeSar Advisors (Estolano) to create an equitable economic strategy for the city. Estolano is a public policy and urban planning firm with offices in Los Angeles and San Diego. The scope of work, led by Cecilia Estolano, Co-CEO of Estolano, and Cynthia Guzman, Project Manager, consisted of two phases.

During Phas...

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