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Support County participation in the Moving Solano Forward Phase III to update the Economic Development strategies in response to the impacts of the COVID-19 pandemic medical emergency to be coordinated by Solano EDC; Affirm support for Solano EDC efforts in seeking EDA grant funds made available by the Federal CARES Act legislation in 2020 for the Moving Solano Forward project update; Approve a County match contribution of $50,000 from the General Expenditures budget; and Authorize the County Administrator to enter into a funding agreement with Solano EDC for this effort
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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:
1. Support County participation in the Moving Solano Forward Phase III to update the Economic Development strategies in response to the impacts of COVID-19 pandemic medical emergency to be coordinated by Solano EDC;
2. Affirm support for Solano EDC efforts in seeking EDA grant funds made available by the Federal CARES Act legislation in 2020 for the Moving Solano Forward Project update;
3. Approve a County match contribution of $50,000 from the General Expenditures budget; and
4. Authorize the County Administrator to enter into a funding agreement with Solano EDC for this effort
SUMMARY:
It has been several years since the Moving Solano Forward Economic Development Strategy (Phase I 2014) and 2017-2022 Implementation and Action Plan (Phase II 2017) were completed. Solano EDC, as the agreed upon lead agency for the ongoing implementation of the strategies and Action Plan provides the support role for the County, the seven cities and the business community. The Solano EDC has suggested that given the potentially significant changes that the COVID-19 Pandemic medical emergency may have on businesses and how business is conducted in the future that it is an opportune time to do a review...
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