HomeMy WebLinkAbout2008 CC RESO 2008-201 CDCRESOLUTION NO. 2008 — 201
RESOLUTION OF THE NATIONAL CITY COMMUNITY
DEVELOPMENT COMMISSION AUTHORIZING
THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
ENTER INTO AN AGREEMENT FOR $120,000 WITH
THE NATIONAL CITY CHAMBER OF COMMERCE
TO ADMINISTER THE CITY'S ECONOMIC DEVELOPMENT
PROGRAMS FOR $50,000 AND UP TO $70,000 TO RETIRE
THE BUILDING DEBT ON THE NATIONAL CITY
CHAMBER OF COMMERCE OFFICE BUILDING
WHEREAS, the Community Development Commission of the City of National
City ("CDC") has developed Economic Development Programs, including the San Diego
Regional Enterprise Zone Program, the San Diego State University Technical Assistance
Program and the Community Benefit Loan Program; and
WHEREAS, the mission of the National City Chamber of Commerce ("Chamber")
is to increase opportunities for businesses and to represent its members in matters related to
business, government, and community relations; and
WHEREAS, the CDC and the Chamber have been working cooperatively and in
partnership to improve business opportunities within the City of National City; and
WHEREAS, the Chamber proposes to administer San Diego Regional Enterprise
Zone Program, the San Diego State University Technical Assistance Program, and the
Community Benefit Loan Program; and
WHEREAS, the Chamber has requested up to $70,000 in a matching grant from
the CDC to assist in the retirement of their building debt; and
WHEREAS, the CDC supports the Chamber's efforts to expand its community
services and operations.
NOW, THEREFORE, BE IT RESOLVED, that the Community Development
Commission of the City of National City authorizes the Executive Director to negotiate and enter
into an Agreement with the National City Chamber of Commerce in the amount of $120,000 to
administer the City's Economic Development Programs in the amount of $50,000, and to retire
the Chamber's building debt at a cost of $70,000, contingent upon demonstration of the
Chamber raising matching funds.
BE IT FURTHER RESOLVED that the Community Development Commission of
the City of National City hereby authorizes the following appropriation and transfer of funds:
FROM: Account No. 511-445-468-213-000
Expert and Consulting Services
TO: Account No. 511-445-468-650-9001
Chamber of Commerce
TOTAL
AMOUNT: $120,000
Resolution No. 2008 — 201
September 16, 2008
Page 2
PURPOSE: To fund $50,000 for the administration of the Economic
Development Programs and to fund $70,000 for the retirement of
half of the Chamber of Commerce's building debt.
PASSED and ADOPTED this 16th day of Septemb,, 2008.
on Morrison, C airman
APPROVED AS TO FORM:
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George H. Eiser, III
City Attorney