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HomeMy WebLinkAboutAGENDA REPORT 1995 0301 CC REG ITEM 11CITEM CITY OF MOORPARK AGENDA REPORT � -- TO: The Honorable City Council FROM: Steven G. Hayes, Economic Development Manager DATE: February 21, 1995 (Mtg 03/01/95) SUBJECT: Consider Appropriation of funds for Chamber of Commerce Business Directory BACKGROUND: On February 21, 1995, the Economic Development /Affordable Housing Committee - Councilmember Patrick Hunter and Councilmember Bernardo Perez ED /AHC) received a request from the Chamber of Commerce to assist the Chamber's effort in the production of their Business Directory. DISCUSSION• The ED /AHC felt that there would be many positive results if the City helped to fund this Directory which are: 1) this would be the first time that the City has sponsored the Chamber for a specific project, 2) this project could further enhance economic development activities in the City including attracting filming productions, and 3) this project will improve the business image of Moorpark. The Directory is to be designed to emphasize the themes of shop local, the historic downtown area, business attraction and business relocation. The ED /AHC suggested that the City receive five (5) pages in the Business Directory at a cost of $5,000. FUNDING• There is no budget for this project. Funding for this project would need to be appropriated from the City's General Fund Reserve account. There is about $437,900 in the General Fund Undesignated Reserve. RECOMMENDATION: (Roll Call Vote The Economic Development /Affordable Housing Committee recommends that the City Council approve an appropriation for the Chamber of Commerce's Business Directory in the amount of $5,000 from the General Fund Undesignated Reserve to Account No. 01.4.117.631. 9GH219- 02/22/95 00077