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File #: 22-1204    Version: 1 Name: FAC - ERTF Status Update
Type: Minute Order Status: Action Item
File created: 6/27/2022 In control: FINANCE ADVISORY COMMITTEE
On agenda: 7/13/2022 Final action:
Title: Receive an Update on the Culver City Economic Recovery Task Force
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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title

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)

_____________________________________________________________________

 

 

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).