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Staff:
Scott Andrews, Assistant City Manager
Mario Orosco, Budget Officer
Committee Members:
Councilmember, Andrae Gonzales - Chair
Councilmember, Kenneth Weir
Councilmember, Eric Arias
Special Meeting of the
Budget, Finance and Economic Development Committee
of the City Council - City of Bakersfield
Monday, January 30, 2023
12:00 p.m.
City Hall North, First Floor, Conference Room A
1600 Truxtun Avenue, Bakersfield CA 93301
AGENDA
1. ROLL CALL
2. PUBLIC STATEMENTS
a. Agenda Item Public Statements
b. Non -Agenda Item Public Statements
3. ADOPTION OF THE NOVEMBER 28, 2022, AGENDA SUMMARY REPORT
4. NEW BUSINESS
a. Discussion and Committee Review - Economic & Community Development
Department upcoming items
b. Approval of the 2023 Committee Calendar
5. COMMITTEE COMMENTS
6. ADJOURNMENT
(03
BAKERSFIELD
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Staff:
Scott Andrews, Assistant City Manager
Mario Orosco, Budget Officer
Committee Members:
Councilmember, Andrae Gonzales -Chair
Councilmember, Ken Weir
Councilmember, Eric Arias
SPECIAL MEETING OF THE BUDGET AND FINANCE COMMITTEE
Of the City Council - City of Bakersfield
Monday, November 28, 2022
12:00 p.m.
City Hall North - Conference Room A
1600 Truxtun Avenue, Bakersfield CA 93301
AGENDA SUMMARY REPORT
Meeting called to order at 12:00 p.m.
1. ROLL CALL
Committee Members Present: Councilmember Andrae Gonzales - Chair
Councilmember Ken Weir -(Seated at 12:03)
Councilmember Eric Arias
City Staff Present: Christian Clegg, City Manager
Gary Hallen, Assistant City Manager
Paul Saldana, Economic Development Director
Misty Eaton, Assistant Economic Development
Director
Julie Drimakis, City Clerk
Cecelia Griego, Economic Development
Principal Planner
Jennifer Byers, Assistant Economic Development
Director
Monica Medve, Economic Development
Planner
Juan Heredia, Administrative Analyst (CMO)
Anthony Valdez, Assistant to the City Manager
Eric Galvan, Communications Coordinator
Sara Ortega, Deputy City Clerk
2. PUBLIC STATEMENTS
a. Agenda Item Public Statements
None
b. Non -Agenda Item Public Statements
None
3. ADOPT MAY 23, 2022 AGENDA SUMMARY REPORT
Motion by Committee Member Gonzales and seconded by Committee Member Arias for
approval of minutes. Motion unanimously approved.
4. REPORTS
None
5. DEFERRED BUSINESS
A. Discussion and Committee Review of EOA Program-Saldana/Griego
City Manager Clegg made opening remarks and introduced Economic Development
Director Saldana who then introduced, Principal Planner Griego who provided a
PowerPoint presentation on Economic Opportunity Area Program.
Principal Planner Griego discussed a background on economic opportunity area
within the city. She went on to discuss the vision of Economic Opportunity program and
the most recent guidelines which are dated October 20, 2022. The programs main
intent to use taxpayer money to improve economic growth throughout the city. There
are seven specific geographic areas of Bakersfield that qualify to use these public fax
dollars. She then went on to cover EOA areas, eligible areas, ineligible areas, and
evaluation criteria. She also discussed the current businesses served and current
applications pending. The presentation also included the current impact and before
and after photos of how the program was able to assist some local businesses thus for.
Principal Planner Griego discussed staff's proposal to create two competitive funding
rounds one in the Spring and another in the Fall. Staff is proposing rounds of funding
from $25,000 up to $99,999 dollars. Anything over $100,000 may be eligible depending
on the investment it will make in the city. She also discussed the proposed annual
budget and the timeline for the project.
Councilmember Arias had questions regarding the program guidelines and the
challenges to the current system. Director Saldana explained the rounds of funding
that would allow for a more manageable workflow of each project. The committee
went on to discuss the funding allocation for each EGA area and ARPA funding that is
a supplemental funding.
Councilmember Gonzales gave examples of how these fundings have assisted other
businesses and the impact it has made in our city. He discussed the importance of
processing applications and creating a competitive process to giving these funds to
Special Meeting of the Budget and Finance Committee of the City Council - City of Bakersfield
Monday, November 28, 2022, 12:00 p.m. - Page 2
applicants. He also brought up marketing these funds to areas that have not utilized
funding in their EOA area.
ARPA money was discussed and potentially how to divide or allocate the funds
between each EOA area. Staff went on to discuss a proactive way to engage with
businesses and begin marketing the EOA program. Staff proposed that any guideline
changes be brought back to committee in the future to allow some review. Staff
discussed doing a more deliberant job on focusing on areas where we have not
received applicants for this program. There are needs to adjust this program and move
in that direction. The intent of the EOA program is to make an investment and see a
reinvestment in our community.
Staff asked for feedback and analysis in the next fiscal year to see what the
improvements have been in these EOA areas. The committee discussed coming up
with a marketing campaign for this project and setting up community meetings in
each EOA area. The committee discussed the concerns regarding a lack of
applications. The Economic and Community Development staff gave an overview on
how they work very closely with applicants to assist with the process. They also
discussed the setbacks that potentially hold back applicants from applying. The
committee talked about holding open office hours in each individual EOA area to
help applicants. The committee asked staff to come up with a plan to offer more
assistance to applicants and give more hands-on help with step-by-step process of
applying for funds.
Committee agreed on coming back with feedback on recommendations for
increments, process for adopting guidelines, up front percentage on the funding,
making for a more competitive process, looking of loan guarantee program, and
clarity on the budget and how it would work or how to divide ARPA funding.
B. Discussion and Committee Update on Section 108 Loan- Saldana/Eaton
Director Saldana discussed this referral for Council to review Section 108 loan program.
The funding is taken from grants and utilized to fund different economic and
community development projects. It was discussed how the city has used these loans
in the past and made payments to payback the loan. The requirements were
discussed as well as the amount available to borrow. Staff estimates about 15 million
dollars, repayment that will come from our CDBG (Community Development Block
Grant) program. There is interest that will be paid on this loan. Also, a loan guarantee
fee that is charged by HUD (Housing and Urban Development).
6. NEW BUSINESS
None
7. COMMITTEE COMMENTS
None
8. ADJOURNMENT
Meeting was adjourned at 1:03 p.m.
Special Meeting of the Budget and Finance Committee of the City Council - City of Bakersfield
Monday, November 28, 2022, 12:00 p.m. - Page 3
r -
ANDRAE GONZALES, CHA
BUDGET AND FINANCE COMMITTEE
ATTEST
J LIE DRIMAKIS, MMC
CITY CLERK and Ex Officio Clerk of
the Council of the City of Bakersfield
Special Meeting of the Budget and Finance Committee of the City Council - City
Monday, November 28, 2022, 12:00 p.m. - Page 4
Budget, Finance & Economic Development Committee Calendar
January 2023 Through December 2023
All meetings will be held at City Hall North, First Floor, Conference Room A
■Budget & Finance Committee Meetings
12:00 p.m.
Budget Departmental Workshop
12:00 p.m.
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City Council Meetings
3:30 torn Closed Session 5:15 p.m. Public Session
Budget Heating. 06114, Budget Adoption: 6128
EN Holidays - City Hall Closed
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League of California Cities Mayors and Council Members Executive Forum -CANCELED
League of California Cities Annual Conference - September 20-22 , 2023