Long Beach

City Council

5. 26-54455 Recommendation to adopt resolution authorizing City Manager, or designee, to execute an agreement, and any necessary documents including any subsequent amendments, with the California Governor's Office of Business and Economic Development (GO-Biz), to receive and expend grant funding in the amount of $1,231,112, to support the Cannabis Equity Program, from April 1, 2026, to October 31, 2027; and Increase appropriations in the General Grants Fund Group in the City Manager Department by $1,231,112, offset by grant revenue. (Citywide) Office or Department: Economic Development and Opportunity Suggested Action: Approve recommendation.