Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Supervisor Dave Pine
Subject: Association of Bay Area Governments' Regional Comprehensive Economic Development Strategy and Regional Economic Development District
RECOMMENDATION:
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Adopt a resolution endorsing the "Vision, Goals, and Objectives" of the Association of Bay Area Governments' Regional Comprehensive Economic Development Strategy and Regional Economic Development District.
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BACKGROUND:
In 2016, the Association of Bay Area Governments (ABAG) began partnering with the federal Economic Development Administration (USEDA) and regional and local economic and workforce organizations to prepare a Comprehensive Economic Development Strategy (CEDS) that would lead to the establishment of a Bay Area Regional Economic Development District (EDD). The CEDS describes regional economic conditions and trends, identifies strengths and challenges, and includes the vision, goals and objectives that will guide the activities of the EDD.
Although San Mateo County's average per capita income is among the top three in the Bay Area, the County also faces challenges that threaten the long-term health of the economy, including housing affordability, long commutes and traffic congestion, pockets of poverty, workforce skills that lag business needs impeding opportunities in some areas, sea level rise both along the coast and bayside, and inefficient transportation connections, particularly in rural and coastal areas.
The EDD is intended to be a platform for cooperative action, shared information, and the development of creative policy responses to address economic, workforce, and equity issues that no single jurisdiction, organization, or enterprise can solve alone. Furthermore, the CEDS Action Plan and Regional EDD designation will improve local jurisdiction access to federal, state, and private foundation investments, foster greater public and p...
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