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Receive an Update on the Culver City Economic Recovery Task Force
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Meeting Date: July 13, 2022
Contact Person/Dept: Melissa Zak/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 (07/07/2022)
Department Approval: Lisa Soghor, Chief Finance Officer (07/07/2022)
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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 Committee and its progress is to address the unique impacts from COVID-19 and assist in the City’s short- and long-term economic recovery.
FISCAL ANALYSIS
None
MOTION
That the Finance Advisory Committee:
1. Receive Update on the Culver City Economic Recovery Task Force (ERTF).