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28 RESOL UTION NO. RES-22-0038
A RESOLUTION OF THE CITY COU NCI L OF THE
CITY OF LONG BEA CH AUTHORIZIN G THE CITY
MANAGER TO EXECUTE AN Y AND ALL DOCU MEN TS TO
ACCEP T GRANT FU NDS FROM THE CALIFO RNIA
GOVE RNOR'S OFFICE OF BUSINESS AND ECONOMIC
DEVELO PMENT (GO-BIZ) IN AN AMOUN T NOT TO
EXCEED $5 MILL ION, FOR CAPITAL IMP ROVEME NTS TO
CITY-OWN ED PROPE RTY AT 1858 ATLANTIC AVENUE
(SU BJECT PROPER TY), FOR CREATION OF THE
CENTER FOR IN CLUSI VE BUSI NESS & WORKFORCE
DEVE LOPMENT CENTER IN PARTNERSHIP WITH
CENTRO C.H.A
WHE REAS, for the past three years, the City and Centro C.H.A., Inc. have been engaged in negotiations for the use and purchase of City-owned property located at 1858 Atlantic Avenue for the establishment of a new Inclusive Business & Workforce Development Center ("Center"); and
WHE REAS, to help fund the permitting and construction of the Center, the City and Centro C. H.A. submitted as co-applicants for an award from the U.S. Economic Development Administration, Public Works, and Economic Adjustment Assistance Program. In addition, to strengthen the co-application, City Council authorized a City contribution of up to $500,000, offset by proceeds from the sale of the Subject Property; and
WHE REAS, the Center did not receive an award from the EDA, which resulted in a funding gap of approximately $5 million; and WHE REAS, due to the State of California's historic revenue surplus, the 1 RFA:bg A22-00421 (02-04-2022)
01356696.DOCX
1 State's FY 2021-22 Adopted Budget incorporates more than $1 billion in one-time 2 investments for local communities across California; and 3 WHEREAS, Senator Lena Gonzalez submitted a budget request to fund the 4 Center and close the funding gap. Through her efforts, Senator Gonzalez secured $5 5 million of the State's surplus funds for the Center in partnership with Centro C. H.A. The 6 California Governor's Office of Business and Economic Development (Go-Biz) will 7 administer the state allocation as a grant;
8 NOW, THEREFORE, the City Council of the City of Long Beach resolves as 9 follows:
10 Section 1. The City Council of the City of Long Beach does hereby 11 authorize the City Manager to accept and expend grant funding in an amount not to exceed 16 17
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28 Five Million Dollars ($5,000,000) from the Governor's Office of Business and Economic Development, including any extensions or amendments thereof.
Section 2. This resolution shall take effect immediately upon its adoption by the City Council, and the City Clerk shall certify the vote adopting this resolution.
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28 I hereby certify that the foregoing resolution was adopted by the City Council of the City of Long Beach at its meeting of ______ M_a_r _ch_1 ______ , 2022 by the following vote:
Ayes: Councilmembers:
Noes: Councilmembers:
Absent: Councilmembers:
Recusal(s): Councilmembers:
RFA:bg A22-00421 (02-04-2022)
01356696.DOCX
Zendejas, Price, Supernaw, Mungo,
Saro, Uranga, Austin, Richardson.
None.
Allen.
None.
3