Title
Recommendation for the Mayor's Economic Development Advisory Panel to Review and Endorse the Economic Development Strategic Plan (EDSP)
Body
Date: June 21, 2018
To: Members of the Mayor's Economic Development Advisory Panel
From: Lois RP Butler, Economic Development Manager
Re: Recommendation for the Mayor's Economic Development Advisory Panel to Review and Endorse the Economic Development Strategic Plan (EDSP)
BACKGROUND
The City of Alameda contracted with Strategic Economics to help prepare a citywide Economic Development Strategic Plan (EDSP), which is the long-term (five to ten years) roadmap for business attraction, retention, and workforce development activities. The EDSP identifies specific goals, strategies, and actions necessary to create, support and attract businesses and jobs, diversify the local economy, and maintain fiscal health. The draft EDSP and its Background Report are attached as Exhibits 1 and 2. This document will replace the previous EDSP, which was originally prepared in 2001, and revised in January 2008.
City staff and Strategic Economics began work on the EDSP in 2016. At its November 2, 2016 meeting, the Mayor's Economic Development Advisory Panel appointed four members (Erik Chubb, Remy Monteko, Brock Grunt, and David Mik) to join a representative from the Planning Board (Lorre Zuppan) on an Ad Hoc Committee for Preparation of the EDSP. The Ad Hoc Committee met twice to develop guiding principles and a framework for the EDSP.
These principles and framework were presented to the Planning Board in December 2016, and to the City Council in February 2017. In response to City Council direction, an EDSP Task Force was created to provide a broader, community-driven process for completing the Plan.
The 21-member Task Force included Adam Elsesser, David Mik, Brock Grunt, and Mark Sorensen from the Mayor's Economic Development Advisory Panel along with two (now former) members of the Planning Board, local business ...
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