CITY OF LONG BEACH
TELECONFERENCE, 2:00 PM
THURSDAY, AUGUST 18, 2022
ECONOMIC DEVELOPMENT
AND FINANCE COMMITTEE
MINUTES
Stacy Mungo, Chair
Rex Richardson, Vice Chair
Cindy Allen, Member
Special Meeting
FINISHED AGENDA & MINUTES
ECONOMIC DEVELOPMENT AND FINANCE COMMITTEE MEETING VIA
TELECONFERENCE PURSUANT TO AB 361 (GOV. CODE SECTION 54953(e)(1)-(2)) CALL TO ORDER (2:07 PM)
At 2:07 PM, Chair Mungo called the meeting to order.
ROLL CALL (2:07 PM)
Mungo and AllenCouncilmembers
Present:
RichardsonCouncilmembers
Absent:
Also present: Nick Schultz, Executive Director, Pacific Gateway Workforce Investment Network; Art Sanchez, Deputy City Attorney; Alyssa Campos, City Clerk Specialist.
REGULAR AGENDA (2:08 PM)
1. 22-0977 Recommendation to approve the minutes of the Economic Development and Finance Committee meeting held Tuesday, June 21, 2022.
TELECONFERENCE, 2:00 PM
THURSDAY, AUGUST 18, 2022CITY OF LONG BEACH
ECONOMIC DEVELOPMENT
AND FINANCE COMMITTEE
MINUTES
A motion was made by Chair Mungo, seconded by Member
Allen, to approve recommendation. The motion carried by the following vote:
Yes: 2 - Mungo and Allen
Absent: 1 - Richardson
2. 22-0978 Recommendation to receive and file a report from the Deputy City Manager and staff exploring the feasibility of reducing the City’s adult-use cannabis retail tax rate to align with the medical cannabis retail tax rate.
Katy Nomura, Deputy City Manager, spoke; and introduced Valencia Mota, Cannabis Oversight Manager.
Valencia Mota, Cannabis Oversight Manager, spoke; and provided a PowerPoint presentation.
Katy Nomura, Deputy City Manager, spoke; and continued the PowerPoint presentation.
Chair Mungo spoke.
Councilwoman Allen spoke.
A dialogue ensued between Chair Mungo and Councilwoman Allen.
Valencia Mota, Cannabis Oversight Manager, spoke.
Councilwoman Allen spoke.
A dialogue ensued between Councilwoman Allen and Valencia Mota, Cannabis Oversight Manager.
Katy Nomura, Deputy City Manager, spoke.
Chair Mungo spoke.
A dialogue ensued between Chair Mungo and Katy Nomura, Deputy City Manager.
TELECONFERENCE, 2:00 PM
THURSDAY, AUGUST 18, 2022CITY OF LONG BEACH
ECONOMIC DEVELOPMENT
AND FINANCE COMMITTEE
MINUTES
Councilwoman Allen spoke.
Chair Mungo spoke.
A dialogue ensued between Chair Mungo and Councilwoman Allen.
A motion was made by Chair Mungo, seconded by Member
Allen, to approve recommendation, as amended to [1] adopt a mixture of scenario’s 4 and 5 to preserve services & program levels funded by the current $12 million baseline in FY 23, including annual adjustments to maintain those levels of service; [2] research modifying the cultivation tax to be based off of gross sales. The motion carried by the following vote:
Yes: 2 - Mungo and Allen
Absent: 1 - Richardson
3. 22-1029 eComments received for the Economic Development and Finance Committee meeting of Thursday, August 18, 2022.
This Agenda Item was received and filed.
PUBLIC COMMENT (2:44 PM)
No members of the public addressed the committee.
ADJOURNMENT (2:44 PM)
At 2:44 PM, there being no objection, Chair Mungo declared the meeting adjourned. ac