Long Beach

City Council

October 03, 2023 Item #15

Agenda Item 15

15. 23-1123 Recommendation to authorize City Manager, or designee, to execute an\nagreement and all documents necessary, including any subsequent\namendments, with the United States Small Business Administration, to\naccept and expend grant funds for the Long Beach Accelerator for the\nperiod of August 1, 2023 through March 31, 2026; and\nIncrease appropriations in the Community Development Grants Fund\nGroup in the Economic Development Department by $1,000,000, offset by\ngrant revenue. (Citywide)\nOffice or Department: ECONOMIC DEVELOPMENT\nSuggested Action: Approve recommendation.