title
CC - CONSENT ITEM: Approval of a Memorandum of Understanding with the Chamber of Commerce Regarding Joint Cooperation in Certain Events, Projects and Economic Development Related Activities in the City
body
Meeting Date: June 26, 2023
Contact Person/Dept.: Elizabeth Garcia, Office of Economic and Cultural Development
Phone Number: 310-253-5708
Fiscal Impact: Yes [x] No [] General Fund: Yes [x] No []
Attachments: Yes [x] No []
Commission Action Required: Yes [] No [x] Date:
Commission Name:
Public Notification: (E-Mail) Meetings and Agendas - City Council (06/22/2023)
Department Approval: Jesse Mays, Assistant City Manager (06/14/2023)
______________________________________________________________________
RECOMMENDATION
Staff recommends the City Council approve a Memorandum of Understanding (MOU) with the Culver City Chamber of Commerce (Chamber) regarding joint cooperation in certain events, projects and economic development related activities in the City.
BACKGROUND
In May 2009, the City Council approved an MOU with the Chamber of Commerce to define the organizational relationship with the City and denote the mutual interest in enhancing the City's economic and business environment. The MOU outlines specific duties and responsibilities regarding community events and/or activities that align with the City's economic development efforts.
The most recent MOU expired in December 2020. As market conditions have shifted due to the COVID-19 pandemic, a new MOU was developed to address current and future opportunities to elevate economic development for all Culver City businesses.
DISCUSSION
The Chamber and the City discussed the current state of business in Culver City and identified methods for accomplishing mutual objectives. The proposed changes to the MOU redefine the City's level of participation to participate, sponsor and promote additional events and projects that will benefit th...
Click here for full text