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HomeMy WebLinkAbout10/20/1998, C4 - MEMORANDUM OF UNDERSTANDING WITH CUESTA COLLEGE council ,O ,w Ap j ac cn ba Report ,®N..ha CITY OF SAN LU I S O B I S P O FROM: Ken Hampian,Assistant City Administrative Officer re Prepared By: Diane Sheeley,Economic Development Manager 05 SUBJECT: MEMORANDUM OF UNDERSTANDING WITH CUESTA COLLEGE CAO RECOMMENDATION Approve a Memorandum of Understanding between the City of San Luis Obispo and the Cuesta College Small Business Development Center for collaborative economic development activities. DISCUSSION On September 9, 1997, Council adopted the Targeted Industry Cluster Committee MCC) Final Report which included the following goal: "Develop stronger networking linkages with Cuesta College and Cal Poly". The Council then visited Cuesta College as part of the.City/Chamber of Commerce monthly business visitation program, and staff followed up that visit with a more in-depth meeting with Cuesta Officials. At the conclusion of the meeting, Cuesta College requested the City consider a Memorandum of Understanding (MOU) for collaborative economic development efforts including business expansion and recruitment. The purpose of the proposed MOU allows the City to formally collaborate on activities deemed mutually beneficial to the clients of the City of San Luis Obispo and the clients of the Cuesta College Small Business Development Center (SBDC) including: • Planning, implementing, and managing economic development activities and programs to support the City Council's adopted goals and priorities. • Collaborating with the California Central Coast Research Partnership (C3RP) stakeholder to encourage the full utilization of SBDC services. • Working with other local,regional, and state agencies and others to promote small business development and the SBDC services. • Making SBDC referrals to businesses desiring expansion or relocation services and to promote the services of the SBDC in presentations and marketing materials. • Forwarding workforce training recommendations to the SBDC as identified by businesses located within the City. Attachment 1 provides further information about the services of the SBDC. Council Agenda Report—MOU with Cuesta College Page 2 CONCURRENCES The Cuesta College Board of Trustees concurs with this recommendation. Establishing stronger linkages and more collaboration between the City Economic Development program and our local educational institutions has been recommended by several groups, including the Economic Strategy Task Force,the TICC,and the Chamber of Commerce: It has also been a formal goal of the City for some time. FISCAL EMPACT There is no direct fiscal impact associated with adopting this policy. ALTERNATIVES Do nothing. We can continue to informally network with the Cuesta College Small Business Development Center. However, because establishing closer ties between our Economic Development efforts and Cuesta College has been a formal City goal, this option is not recommended. ATTACHMENTS 1. SBDC Services 2. 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N; qS L 93 4A 43. 43. � .+mm' '43 V3 . a = a, u- }, — M-140. a �'s.. a k. .m 'a =,.o.:�. }] ;� Y .�¢' L 4.1 o � In o..•m, is _ 0 3 .OZ 34.1 Qa },, cq: as :.� : to m, m. o� v- cam. _ IV. iO ;¢o . m .tS ML. +ua� m 41 i 3 }' :,Q m 3 4.13 a AQ 0A 41 t. a = m u o a� � + +1 � .0 .u 3 m m o a .0 to 3 m u o u 7 — ai > v O73 p I so +A } O • . • O N U . ..Cj S r- 40O m =O 3 v` 3 u-S- s ATTACHMENT 2 MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF SAN LUIS OBISPO AND THE CUESTA COLLEGE SMALL BUSINESS DEVELOPMENT CENTER THIS MEMORANDUM OF UNDERSTANDING effective October 20, 1998, is entered into by and between the Cuesta College Institute for Professional Development's Small Business Development Center (hereinafter referred to as "SBDC"), and the City of San Luis Obispo (hereinafter referred to as "City of San Luis Obispo"). WITNESSETH WHEREAS, the City of San Luis Obispo has agreed to participate and support the establishment of a local economic development effort; and WHEREAS, the Cuesta College SBDC desires to assist in the diversification and expansion of industrial, retail, commercial, recreational and general business services of San Luis Obispo County; and WHEREAS, the City of San Luis Obispo Economic Development program was created to stimulate the economic vitality of San Luis Obispo, generate jobs and increase financial investment within the City by promoting the retention, expansion and attraction of targeted business and industry to the area; and WHEREAS, the City of San Luis Obispo supports such economic development activities on behalf of the community and is in a position to accomplish such goals and purposes of the City through providing services in an efficient and economical manner and desires to have the SBDC deliver business management consulting services to City of San Luis Obispo businesses; and WHEREAS, the mission of the SBDC is to provide educational and technical business management consulting services for the City of San Luis Obispo's businesses which will help assure their prosperity by increasing business skills; NOW THEREFORE, in consideration of the premises and covenants and promises hereinafter set forth, the parties hereto hereby agree as follows: 1. The City of San Luis Obispo shall cant' on economic development activities as follows: a. To work in cooperation with the SBDC on all activities deemed mutually beneficial to the clients of the SBDC and of the City of San Luis Obispo. b. To plan, implement, and manage economic development activities and programs to support the City of San Luis Obispo City Council's cys adopted goals and priorities, including business retention and expansion programs and programs targeting the recruitment of industries identified in the September 1997 Targeted Industry Cluster Committee Report. c. To collaborate with the California Central Coast Research Partnership (C3RP) stakeholders and to encourage the full utilization of SBDC services as a part of its program. d. To work with other local, regional, and state agencies and private parties to promote small business development and the services available to local businesses by the SBDC. e. To make SBDC referrals to City of San Luis Obispo businesses and industries desiring expansion or relocation services, and to promote the services of SBDC in presentations and marketing materials. f. To forward specific workforce training recommendations to the SBDC as identified by businesses located within the City of San Luis Obispo. 2. SBDC will work cooperatively with the City of San Luis Obispo and provide counseling services to all businesses that are either referred or are recipients of the City of San Luis Obispo services. a. Will provide up to four hours of counseling per referral from the City of San Luis Obispo. b. Will work with referrals from the City of San Luis Obispo to develop business plans. c. Will work with referrals from the City of San Luis Obispo for the creation of marketing plans. d. Will assist in preparation of financial projections for business. e. Will assist in the identification of funding sources for businesses. f. Will provide counseling services to help businesses reduce costs and increase efficiency. g. Will provide assistance in helping establish ongoing banking relationships. h. Will help businesses improve marketing programs. L Will help businesses obtain information on city, state and federal small business programs. j. Will identify business opportunities to increase sales, both foreign and domestic. k. Will provide professional consultants in the areas of, but not limited to, increased productivity, improvement of product lines, installation of accounting and computer systems, human relations/labor force retention and management and overall business management. I. Will maintain a library of small business materials. m. Will host conferences and workshops to meet the needs to emerging businesses. Workshop topics may include, but are not limited to, cash flow management, business planning, marketing, human A&R .&C C resource issues, improving customer service, using computers and credit and collection. 3. This Agreement shall become effective on October 20, 1998 and shall continue in effect until June 30, 1999. This Agreement shall be automatically renewed each year hereafter, for periods of one year, commencing July 1 through June 30 of the succeeding year, unless amended or canceled by action of the SBDC or the City of San Luis Obispo upon thirty days written notice by each party. IN WITNESS WHEREOF, the parties hereto have caused this Memorandum of Understanding to be executed in duplicate on the date indicated below. Edwin M. Pearce, Dean of Instruction Date Cuesta College Allen K. Settle, Mayor Date City of San Luis Obispo C4/- 7