AGENDA TITLE:
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Provide Council Direction to Interim City Manager on Formation of an Economic Development Committee (CM)
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MEETING DATE:
November 15, 2023
PREPARED BY:
Andrew C. Keys, Interim City Manager
recommendation
RECOMMENDED ACTION:
Provide Council Direction to Interim City Manager on Formation of an Economic Development Committee.
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BACKGROUND INFORMATION:
The Lodi City Council adopted its Strategic Vision on May 17, 2023. The Strategic Vision included eight imperatives of which five are Economic Development focused, including Downtown, Economic Development, Housing, Infrastructure and Public Well-Being. The additional three imperatives of Fiscal Health, Parks and Public Safety rely on a successful economic development plan to achieve the milestones and stretch goals within. City Council approved an Economic Development Director position on November 1, 2023 that will be charged with achieving Economic Development success within the Strategic Vision. Given the importance of economic development to implementation of Council's Strategic Vision, the need for partnership with the business community and public for Economic Development success and limited City resources, it is prudent to have committee level oversight and direction for the City's economic development plans, including but not limited to, the Economic Development Strategic Plan and Downtown Specific Plan development, both of which are near term projects and milestones within the Strategic Vision. Staff will provide a presentation with options for formation of an Economic Development committee for Council consideration and direction.
STRATEGIC VISION:
2. Economic Development - All
FISCAL IMPACT:
Not applicable.
FUNDING AVAILABLE:
Not applicable.
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Andrew C. Keys
Interim City Manager