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HomeMy WebLinkAboutAgenda Statement 1977/09/20 Item 08 CITY OF CHULA VISTA COUNCIL AGENDA STATEMENT ® 8 • It^m iJo. Fnr meetinn of 9/20/77 ITEM TITLE SUBMITTED BY R~~~~N - Approving City Membership in San Diego Economic Development Corporation and appropriating funds therefor ITEM EXPLANATION BACKGROUND: r Community Development Director/City Manage r 1. (4/5TH'S VOTE REQUIRED YES X NO ) The City of Chula Vista has been asked to renew its annual membership in the San Diego Economic Development Corporation. The fee of $1,000 entitles the City to participate in the organization's programs related to the procurement of new industry. For the past two years the City has been a full fledged member utilizing Community Block Grant funds; however, the account can no longer be utilized for these purposes. ANALYSIS: Presently, besides the subject organization there are two other entities with full time staffs that are engaged in the promotion of the region for new industry, they are the Overall Economic Development Program of the County (OEDP) and the newly formed South Bay Economic Development Corporation. In addition, there are two other committees concerned with this same problem; they are: The Mayor's Ad Hoc Economic Advisory Committee; and the Chamber of Commerce Economic Development Committee. From a preliminary standpoint each of the above mentioned has its specific charge and does not conflict but rather complement one another. OE DP attempts to gather statistics, establish priorities and review federal applications for funding of Economic Development Grants while the South Bay group is attempting to establish a data base of available industrial properties in the area. They will soon ask the City to participate in the funding of their operation. (continued on supplemental page 2) PGD tXHl~liS ~-- Agreement Resolution X Ordinance Plat Notification Lista~ Other ENVIRONMENTAL DOCUMENT: Attached Submitted ~~n FINANCIAL IMPACT Appropriate $1,000 for membership in the San Diego Economic Development Corporation from the unappropriated General Fund reserve. STAFF RECOMMENDATION Approve resolution. Agenda•I~em No. 8 Supplemental page No. 2 The San Diego Economic Development Corporation is by far the largest organization of its kind in the County. It is an arm of the San Diego Chamber of Commerce and is partially funded from membership such as being requested of the City and from a sizable contribution from the City of San Diego. The staff makes extensive travels throughout the United States and abroad and hosts visiting delegates as well. It was formed during the "bust" days of the early sixties and has been successful in assisting the diversification of the region's industry from aerospace dependence to what we have today. It has been stated that over 20,000 basic jobs have been created due to the efforts of this organization. Despite these successes a major change in approach is about to take place through a program called "Operation Bootstrap". The program is designed to be a comprehensive effort to not only attract the "right" industry but to assist present employers in their expansion plans. The entire region is asked to participate; by being a member of EDC,the City may not be asked to fund the project any more than its membership fee. We are not able to verify this fact since their funding program is not yet finalized. While most of the benefits brought about by the EDC have gone to the northern sector of the City of San Diego, we have had some spinoffs. There have been several small manufacturers located within our city,~yhile many of our citizens work in Kearny .Mesa where a bulk of the firms have been established. Presently the organization is assisting Supervisor Hamilton's efforts in relation to the Japanese industrial interests. It is apparent then that for the relatively small fee requested we have received sufficient benefits. Form No. F-229 1 .~. ~ ~ J CERTIFICATE CF CITY/DIRECTOR OF FINANCE Certification of. tlnapp;~opriated Balance I HEREB`I CEP.TI?Y t::at the money required `or t'::e appropriation of funds for the purpcse set forth i:i the attached resoluticn i.s available in the Treasury, or is articipated*_o came into the Treasury, and is otherwise unappropriated. Amount $_1,000.00 r~und General Fund Purpcse City Membership in San Diego Economic Development Corporation Eidder N/A Date 9/23/77 By G- ' Director of Finance The City of Chula vista Certification of UnencumberQd 3alance I HEREBY CEkTIFY that the indebtedness and ::bligation to be incurred by the contract or agreement autk;ori zed by t'.?r~ attached resolution can ne incurred ~n~it'raut the violation of Gny cf the provisions of the Charter of tote City cf Cruia vistc:, Q_- t~'lE3 u'JT'iSti.tlltiiJn or the lutv5 Of t~lri' Statevf. ~^.~'_ifCr:pia, t!'i2. sufficient monies have been appropriated for the pu_Mpose o4' s~:;=~:, contract, that sufficient monies to meet the obli~7ations cf tL,.c contract are actuaily in the Treasury, or ors a.nticipat?~? to rc~r.,~ into the Treasury to the credit of the wpprGpriatian frown 'ra:`2i ~:.'r: the soma are to be drd~un, and that: saicz r.~onies no~•~ actually i.~ the Treasury, togetizer with the monies anticipated to comma i:1tt> tre Treasury, to the credi~: of said appropriation a_e ctheLw~.s~ ~~:~encursbered. Amount Not to FXCeed Director of _~ irar_se Tree City of Chula Vi _,.. Date F ! .nd Purpose Bidder By Dept./Activity ~., _,.