L.A. City Council Unanimously Votes to Support L.A. County Strategic Plan for Economic Development

Consensus-developed plan identifies 12 objectives, 52 strategies to ensure a strong, diverse, sustainable economy. End Quote

(1888PressRelease) July 15, 2010 - Los Angeles,CA- The Los Angeles City Council has taken a significant step to create more jobs and grow the City's economy by unanimously voting (14-0) to support the Los Angeles County Strategic Plan for Economic Development. The motion initiated yesterday by Council Members Parks and Smith also instructs the City's Chief Legislative Analyst, in collaboration with other relevant city departments and agencies, to report back on an implementation and tracking plan that incorporates as many of the plan's recommendations that benefit the City.

Led by the Los Angeles County Economic Development Corporation (LAEDC) and unanimously adopted by the Los Angeles County Board of Supervisors on December 22nd, the L.A. County Strategic Plan for Economic Development was developed through a public, year-long, consensus process that brought together over 1,000 stakeholders from business, government, labor, education, environmental and other community-based organizations to identify and build consensus around 12 objectives and 52 strategies to achieve five core aspirational goals critical to ensuring a strong, diverse and sustainable economy for L.A. County's residents and communities. The plan's goals are: 1) Prepare an Educated Workforce, 2) Create a Business-Friendly Environment, 3) Enhance our Quality of Life, 4) Implement Smart Land Use policies, and 5) Create 21st Century Infrastructure.

"We are extremely pleased and encouraged by the unanimous support of the Los Angeles City Council for the County's first-ever, consensus Strategic Plan for Economic Development," said Bill Allen, LAEDC President and CEO. "With more than 250,000 residents of the City of L.A. currently out of work, the Council's unanimous support is an affirmation of the importance and timeliness of this Strategic Plan. We look forward to working with the relevant City departments to implement the strategies contained in the Plan."

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