FROM:
Development Services
SUBJECT:
Title
Acceptance of Fontana’s Downtown Economic Development Grant
End
RECOMMENDATION:
Recommendation
1. Authorize the City Manager or his designee to enter into a contract with the San Bernardino County Board of Supervisors to accept a contribution in the amount of $150,000 for the Downtown Economic Development and promotional events.
2. Authorize the City Manager, or City Manager’s designee, to execute and transmit any documents necessary or desirable to ensure the City’s timely submittal and execution of the Board of Supervisors discretionary funding allocation.
End
COUNCIL GOALS:
• Promote economic development by pursuing business attraction, retention, and expansion.
• Promote economic development by being business friendly at all levels and striving to constantly improve the city's competitiveness.
• Practice sound fiscal management by pursing grant opportunities.
• Concentrate on Inter-governmental relations by pursuing financial participation from county, state, and federal governments.
DISCUSSION:
The San Bernardino County Board of Supervisors is contributing to the City’s effort of the downtown economic development plan, focusing primarily on cultural events and local artist cultivation at Stage Red as well as providing Second District Residents the opportunity to attend and participate in low-cost family-friendly and community centered events. Funds may be used towards:
• Economic development for small business located in and around the downtown area, including promotional events and incentive programs.
• Expanding access for low-income families to attend educational, culturally relevant, or other general programming or services in the downtown area.
• Promotional events at Stage Red that feature local artists and ongoing support for cultural arts promotion for Stage Red led by Issiah Avila.
The upcoming events would promote cultural events, small businesses, and have the dual benefit of promoting the redevelopment occurring in Downtown Fontana.
FISCAL IMPACT:
The fiscal impact associated with the approval of this item will result in increased revenues for Stage Red in the amount of $150,000 in ORG# 72030100. All necessary budget adjustments will be included in the next quarterly budget report.
MOTION:
Approve staff recommendation.