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Receive a presentation from Solano Economic Development Corporation (Solano EDC) staff and acknowledge closeout of the Moving Solano Forward Phase II IDEA Project; and Receive a presentation and provide input on the Solano EDC Transition Plan
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Published Notice Required? Yes ____ No __X_
Public Hearing Required? Yes ____ No __X_
DEPARTMENTAL RECOMMENDATION:
The County Administrator's Office recommends that the Board of Supervisors:
1. Receive a presentation from Solano Economic Development Corporation (Solano EDC) staff and acknowledge closeout of the Moving Solano Forward Phase II Implementation of Diversifying Actions Project; and
2. Receive a presentation and provide input on the Solano EDC Transition Plan.
SUMMARY:
In 2013, the Board of Supervisors accepted a grant from the Office of Economic Adjustment (OEA) to develop a countywide economic strategic approach to further diversify the Solano County economy so that the local economy is less dependent on defense expenditures at Travis Air Force Base. That project, called Moving Solano Forward-Economic Diversification Study Project (MSF I) was completed in 2014.
In August of 2015, Solano County was awarded a second grant from the OEA in the amount of $453,460. The County and Solano Economic Development Corporation (Solano EDC) provided $53,208 in match funding to meet the 10% local match requirement. The grant funding allowed the County to undertake the economic diversification project called Moving Solano Forward Phase 2 - Implementation of Diversifying Actions (MSF II) Project. The Board approved a Memorandum of Understanding (MOU) with the Solano EDC to assist with administering the grant, manage the project and to undertake development of the Solano EDC Transition Plan. The MOU was for $176,625.
In November of 2015, the Board of Supervisors approved a contract with Economic Forensics and Analytics and their team to deliver the Moving Solano Forward Phase II Project, aft...
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