Title
Report regarding a resolution authorizing the acceptance of a $200,000 contribution from County of San Mateo to support the development of the North County Business Resource Center and approving Budget Amendment Number 22.012 appropriating the funds. (Ernesto Lucero, Economic Development Coordinator)
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RECOMMENDATION
Recommendation
Staff recommends that the City Council adopt a resolution authorizing the acceptance of a $200,000 contribution from County of San Mateo to support the development of the North County Business Resource Center and approving Budget Amendment Number 22.012 appropriating the funds in the Economic and Community Development Department General Fund operating budget.
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BACKGROUND
On March 9, 2021, the County of San Mateo Board of Supervisors approved an appropriation of $200,000 for the development of a small business center that would serve communities in northern San Mateo County. Subsequently, the City began to implement economic mobility initiatives for small business and entrepreneurial support, and workforce development.
The City Council then approved a Memorandum of Understanding ("MOU") with County of San Mateo on March 24, 2021, defining a partnership for specifically the small business support services, and also described a County financial contribution of $200,000 towards Year One expenses for the North County Business Resource Center. On April 14, 2021, the City Council also approved a resolution that appropriated $2 million towards operational costs of the Center towards the small business and entrepreneurial support program and the workforce development program. The approved resolution also awarded and approved one-year contracts with Renaissance Entrepreneurship Center ("Renaissance") to operate the North County Business Resource Center, as well as JobTrain to operate the targeted workforce development program in South San Francisco.
DISCUSSION
As the MOU and contract with Renaissance have now been executed...
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