TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
George Gabriel, Assistant to the City Manager
SUBJECT:Title
Consideration of a Resolution Approving the Proposed Fiscal Year 2024-2025 Chamber of Commerce Work Plan Agreement in the Amount of $29,585 (City Manager Moe).
(Estimated Time: 15 Mins.)
ADOPT RESOLUTION NO. 24-0081
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Recommended Action
RECOMMENDATION:
Staff recommends that the City Council consider adopting Resolution No. 24-0081 approving the proposed Fiscal Year (FY) 2024-2025 Chamber of Commerce Work Plan agreement in the amount of $29,585 and authorizing the City Manager to negotiate terms and execute the agreement.
Body
FISCAL IMPLICATIONS:
In the Fiscal Year (FY) 2024-2025 budget, funds totaling $60,000 were appropriated for Economic Development partnerships and sponsorship of Chamber of Commerce (Chamber) events.
The agreement allows the Chamber of Commerce to invoice the City of Manhattan Beach for two disbursements of fees for expenses related to the provision of business attraction and retention services in an amount not to exceed $29,585. Sufficient funds exist within the Management Services Department FY 2024-2025 budget to accommodate the Chamber of Commerce's proposed work plan contract.
BACKGROUND:
Through its events, mixers and seminars the Manhattan Beach Chamber of Commerce activates the business community and provides a forum for local businesses to network and organize. Its signature events include the Best of Manhattan and the State of the City. Currently, the Chamber has approximately 400 members.
In years past, the City has provided substantial funding to the Chamber of Commerce to support their efforts promoting commerce in Manhattan Beach. In FY 2013-14 and FY 2014-15 budgets, the Chamber received $100,000 for various economic development efforts including promoting Manhattan Beach as a destination, hosting an Ec...
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