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
Seraphie Allen
Deputy Director
Planning and Community Development
Philly Marsh
Economic Development Manager
TITLE:
title
Approval of the National League of Cities Advancing Economic Mobility Grant in the Amount of $15,000
OVERVIEW STATEMENT:
recommendation
City staff is seeking approval from City Council to authorize the Mayor to accept a National League of Cities (NLC) Grant in the amount of $15,000. Funds will be used to hire a consultant to facilitate and work with a coalition of partners to maximize the opportunity for developing a Multicultural Eastside Small Business Hub in the Bellwether Housing Overlake Village light rail station transit-oriented development (TOD).
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
2030 Comprehensive Plan Policies:
EV-9: Encourage and recognize incubator space in Redmond for existing and future small businesses.
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 is required for grant acceptance
* Council Re...
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