TO:
Honorable Mayor and Members of the City Council
THROUGH:
Mark Danaj, City Manager
FROM:
Nadine Nader, Assistant City Manager
Andy Sywak, Economic Vitality Manager
SUBJECT:Title
Discuss Formation of a Manhattan Beach Economic Development Advisory Council (EDAC) and Report Back to City Council (Assistant City Manager Nader/Economic Vitality Manager Sywak).
DISCUSS AND PROVIDE DIRECTION
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Recommended Action
RECOMMENDATION:
Staff recommends that City Council:
1. Authorize the formation of the Economic Development Advisory Council (EDAC).
2. Provide feedback on the attached bylaws that would govern the structure of the EDAC.
3. Provide direction on who shall serve as members of the EDAC.
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FISCAL IMPLICATIONS:
As staff will administer the EDAC using current resources, there are no anticipated additional costs to forming this council.
BACKGROUND:
City Council requested staff to explore the creation of an Economic Development Advisory Council (EDAC) for the City of Manhattan Beach. A similar council was created by the City of El Segundo with its purpose to "provide support and guidance to staff and to advise the City Council on business attraction and retention as well as the implementation of the City's Economic Development Program." Officials in El Segundo have reported that their EDAC has been a useful resource in providing guidance on marketing programs, examining development code changes, welcoming new businesses and addressing their concerns.
The EDAC in Manhattan Beach would serve a similar purpose, helping to brainstorm ideas for ensuring economic vitality that are in line with preserving our small beach town character, as well as vetting current proposals. Initially, the EDAC would utilize the Urban Land Institute report, the recently completed city-wide hotel study and the forthcoming Downtown Specific Plan as guiding documents for its recomme...
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