Legislation Details

File #: 14-6070    Version: 1 Name:
Type: Report Status: Passed
File created: 4/9/2026 In control: City Council
On agenda: 4/14/2026 Final action: 4/14/2026
Title: Resolution approving the City of Commerce's Economic Opportunity Zones (C.E.O.z) program
Attachments: 1. Staff Report, 2. Resolution

Title

Resolution approving the City of Commerce’s Economic Opportunity Zones (C.E.O.z) program

Recommendation

1.                     Adopt a resolution to:

A.                     Authorize the City Manager to approve the list of incentives from Commerce’s Economic Opportunity Zones (C.E.O.z) based on the merits of their application and the potential impact on the City and its residents.

B.                     Authorize the City Manager to communicate the incentive list to interested parties, including but not limited to approved real estate developers, corporations, and tenants.

2.                     Take any additional related action as deemed necessary.