City Council

20. 26-54050 Recommendation to authorize City Manager, or designee, to execute a grant agreement, and any necessary documents including any necessary subsequent amendments, with Long Beach Economic Partnership, of Long Beach, CA, for the development and implementation of economic development programs that prioritize business attraction, retention, and marketing to attract new domestic and international investment, create jobs, and generate local economic growth, in a total amount not to exceed $1,200,000, for the three year period from January 1, 2026 to December 31, 2028; and Increase appropriations in the General Fund Group in the Economic Development and Opportunity Department by $100,000, offset by a transfer from the Airport Fund Group in the Airport Department. (Citywide) Office or Department: Economic Development and Opportunity Suggested Action: Approve recommendation.