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File #: 21-1171    Version: 1 Name:
Type: Presentations Status: Agenda Ready
File created: 10/13/2021 In control: Board of Supervisors
On agenda: 10/19/2021 Final action:
Title: Discussion and Possible Action Including Acceptance of Presentation from Economic Development Financing Corporation (EDFC) (Sponsors: Supervisors Williams and Mulheren)
Attachments: 1. EDFC Mendocino EFA 091420, 2. BOS Annual Presentation EDFC PDF, 3. BOS Annual Presentation EDFC 2021
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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To:  Board of Supervisors

FromSupervisor Williams and Supervisor Mulheren

Meeting DateOctober 19, 2021

 

Department Contact:  

Supervisor Mulheren

Phone: 

4441

Department Contact:  

Supervisor Williams

Phone: 

4441

 

Item Type:   Regular Agenda

 

Time Allocated for Item: 30 Min

 

 

Agenda Title:

title

Discussion and Possible Action Including Acceptance of Presentation from Economic Development Financing Corporation (EDFC)

(Sponsors: Supervisors Williams and Mulheren)

End

 

Recommended Action/Motion:

recommendation

Accept presentation from EDFC and provide direction as appropriate.

End

 

Previous Board/Board Committee Actions:

The Board of Supervisors regularly receives presentations from the Economic Development Financing Corporation.                     

 

Summary of Request

In August 2020 a report was received from Robert Eyler of Sonoma State University, since that study EDFC has undergone a complete Management restructuring. This report is an update to the full board about those changes and update the Board of Supervisors on the current lending portfolio.

 

Alternative Action/Motion:

Do not accept presentation and provide direction.                     

 

Does This Item Support the General Plan? yes

 

Supervisorial District:  All

                                          

vote requirement:  Majority

                                          

 

 

Supplemental Information Available Online At: N/A

 

Fiscal Details:

source of funding: N/A

budgeted in current f/y: N/A

current f/y cost: N/A

if no, please describe:

annual recurring cost: N/A

revenue agreement: N/A

 budget clarification: N/A

Agreement/Resolution/Ordinance Approved by County Counsel: N/A

 

CEO Liaison: Judy Morris, Deputy CEO

 

 

CEO Review: Yes 

 

 

CEO Comments:

 

FOR COB USE ONLY

Executed By: Atlas Pearson, Deputy Clerk I

Final Status:No Action Taken

Date: October 20, 2021