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File #: 22-1031    Version: 1 Name: FAC - ERTF Status Update
Type: Minute Order Status: Action Item
File created: 5/4/2022 In control: FINANCE ADVISORY COMMITTEE
On agenda: 5/11/2022 Final action:
Title: Receive an Update on the Culver City Economic Recovery Task Force
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Receive an Update on the Culver City Economic Recovery Task Force

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Meeting Date: May 11, 2022

Contact Person/Dept: Punit Chokshi/Finance Department

Phone Number: (310) 253-5865

Fiscal Impact: Yes [] No [X] General Fund: Yes [] No []

Public Hearing: [] Action Item: [X] Attachments: []

Public Notification: (E-Mail) Meetings and Agendas - Finance Advisory Committee (05/05/2022)

Department Approval: Lisa Soghor, Chief Finance Officer (05/05/2022)
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RECOMMENDATION

Staff recommends the Finance Advisory Committee (FAC) receive an update from the FAC representative, Member Lachoff, to the Culver City Economic Recovery Task Force (ERTF).


BACKGROUND/DISCUSSION

At its May 11, 2020 Meeting, the City Council approved the establishment of the Economic Recovery Task Force (ERTF) to address the unique challenges of COVID-19 and spur economic recovery with a focus on public health and equity. Comprised of members from various City Staff and community stakeholders, including the Chamber of Commerce, Business Improvement Districts (BIDs), local businesses and non-profits, a member of the FAC was also recommended to participate on an ad hoc basis, to provide insights relative to specific business operational challenges related to COVID-19 and inform City recovery strategies.

The ERTF was created with the purpose to:
* Focus on rebuilding through an equity lens to address all economic segments of the community;
* Consider best practices of other municipalities and develop a Culver City specific approach that may include modified zoning, permitting, fees, parking and/or other constraints to re-opening or starting a business; and
* Coordinate with the City's Emergency Operations Center leadership to ensure proposed strategies align with all infection precaution protocols and CDC/County directives.

Member Lachoff will report on the status of the Co...

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