Title
City Economic Development Strategy and Work Plan: Past, Present and Future
Staffreport
INTRODUCTION
This is an informational report only and no Planning Commission action is required.
As the City of San Leandro works through the process of updating its General Plan, it is appropriate for the Planning Commission to review both the current state of the San Leandro economy and ongoing efforts to advance economic development. At the previous meeting on February 19, the Planning Commission held a study session to review findings on the San Leandro economy presented by Strategic Economics, one of the sub-consultants working on the General Plan.
This report will provide an update on ongoing and planned economic development activities conducted by the Community Development Department. The intent of this presentation is to provide additional context for the Planning Commission that may be helpful for the development of the General Plan update.
OVERVIEW OF STAFF REPORT CONTENT
In December 2013, the City Council adopted an Economic Development Strategy and Work Plan. That document, which is attached, summarizes ongoing and planned efforts undertaken to strengthen the local economy. In general, economic development initiatives are designed to create a positive environment for investment in the local economy. Balanced and targeted investment in appropriate growth-inducing industries can leverage limited public sector resources to promote quality jobs and foster a sustainable high quality of life for San Leandro residents and businesses. Additionally, successful economic development generates revenue for the public sector to meet future community needs.
For organizational purposes, economic development activities are categorized into one of nine initiatives. In reality, programs and projects overlap and generally further more than one objective.
Seven of the initiatives in the Economic Development Strategy and Work Plan are relevant to thi...
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