City Council

11. Funding Commitment for the East County Revolving Loan Fund RECOMMENDATION:\nThat the City Council:\n1. Increases the Fiscal Year 2026 Economic Development (101112)\nappropriations by $300,000 from General Fund Carryover Reserves; and\n2. Authorizes an expenditure of the funds to the Empower East County Business\nRevolving Loan Fund as detailed in the report.\nCOMMISSION REPORTS:\nACTIVITIES REPORTS/COMMENTS OF MAYOR WELLS\nSANDAG (San Diego Association of Governments) Board of Directors.