TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development
Carol Helland
425-556-2107
DEPARTMENT STAFF:
Planning and Community Development
Philly Marsh
Economic Development Manager
Planning and Community Development
Seraphie Allen
Deputy Director
TITLE:
title
Authorize Mayor to sign a Strategic Alliance Memorandum of Understanding (MOU) with the United States Small Business Administration
OVERVIEW STATEMENT:
recommendation
The purpose of this Strategic Alliance Memorandum (SAM) is to develop and foster mutual understanding and a working relationship between the Small Business administration (SBA) and the City of Redmond, WA in order to strengthen and expand small business development in the local area.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
Redmond 2030 Comprehensive Plan Economic Vitality Strategies:
EV-19 Participate in partnerships with other agencies, businesses, nonprofits, and other organizations that further the City's economic vitality goals.
EV-20 Implement, in conjunction with business, education and other community partners, the Strategic Plan for Economic Development to...Identify strategies to retain existing businesses and help them succeed;
EV-21 Initiate or participate in the following activities in support of economic vitality: ? Monitor future trends and economic conditions; ? Prepare information for businesses on available public sector financing; ? Support federal and state funding of cost-effective business financing programs;
* Required:
Council Approval required for signing of Memorandums of Understanding
* Council Request:
N/A
* Other Key Facts:
N/A
OUTCOMES:
The city will receive up-to-date information about SBA programs and services and resource partners that will help support small businesse...
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