City Council

10. CONSIDERATION OF APPROVAL OF AN AGREEMENT WITH THE SOUTH PASADENA\nCHAMBER OF COMMERCE FOR ECONOMIC DEVELOPMENT ACTIVITIES THROUGH\nFUNDING ALLOCATION OF BUSINESS IMPROVEMENT TAX (BIT) REVENUES AND\nGENERAL FUND RESERVES IN THE AMOUNT OF $128,500\nRecommendation\nIt is recommended that the City Council consider approval of an agreement with the South\nPasadena Chamber of Commerce (Chamber) for economic development activities through\nfunding allocation of Business Improvement Tax (BIT) revenues and general fund reserves in the\namount of $128,500.