City Council

5.5 Region Revolving Loan Fund: Approve a Memorandum of Understanding with the City of San\nDiego for the Operation of the San Diego Region Revolving Loan Fund\nReport Number: 25-0078\nLocation: Citywide\nDepartment: Economic Development\nG.C. § 84308 Regulations Apply: No\nEnvironmental Notice: The activity is not a “Project” as defined under Section 15378 of the\nCalifornia Environmental Quality Act State Guidelines. Therefore, pursuant to State Guidelines\nSection 15060(c)(3) no environmental review is required.\nRECOMMENDED ACTION:\nAdopt a resolution approving a Memorandum of Understanding with the City of San Diego for\nDe-federalization of the San Diego Region Revolving Loan Fund.