Title
Authorize the County Contracts/Purchasing Officer or designee to execute an Agreement for American Rescue Plan Act (ARPA) Comprehensive Economic Development Strategy (CEDS) Annual Update Standard Agreement for National Council for Community Development Inc. (NDC) to perform all tasks necessary to conduct an annual comprehensive economic development strategy update for Monterey County, for the period of eight (8) months, for the term of October 25, 2022 through June 30, 2023, in the amount not to exceed $75,000.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors to authorize the County Contracts/Purchasing Officer or designee to execute an Agreement for American Rescue Plan Act (ARPA) Comprehensive Economic Development Strategy (CEDS) Annual Update Standard Agreement for National Council for Community Development Inc. (NDC) to perform all tasks necessary to conduct an annual comprehensive economic development strategy update for Monterey County, for the period of eight (8) months, for the term of October 25, 2022 through June 30, 2023, in the amount not to exceed $75,000.
SUMMARY/DISCUSSION
On June 2, 2021, the Board approved ARPA funding allocation for Economic Recovery. In total the County has allocated $9.6 million in ARPA funds towards economic endeavors which are required to be utilized withing the next three years or be subject to return.
In 2021, Monterey County updated their CEDS for U.S. Department of Commerce Economic Development Administration (EDA) acceptance. The update engaged many new stakeholders to an economic development strategy but was limited in developing more detailed strategies and projects. The CEDS was adopted by Monterey County and ratified by every jurisdiction in the County, a rare achievement. In establishing yearly updates, the County can engage stakeholders in further detailing those priority strategies and using the work for EDA funding applications as well as California economic development resou...
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