The Cerritos City Council made a significant move during its July 10, 2025 meeting by approving a $75,000 economic impact study for the Cerritos Center for the Performing Arts. Council member Pulido initiated the motion, which aims to assess the financial implications of the center on the local economy.
The council's decision includes authorizing the city manager to execute a professional services contract with Keane Independent Research LLC. Additionally, the council approved a budget amendment for the fiscal year 2025-26, allocating the funds from the CCPA endowment fund. A friendly amendment was made to clarify contract terms, ensuring that any increases do not exceed 15% of the original contract value.
The motion passed with a vote of 3 to 1, highlighting the council's commitment to understanding the economic contributions of the performing arts center. This study is expected to provide valuable insights that could influence future funding and support for the center.
In other discussions, the council had no additional legislative items or reports to address, keeping the meeting focused on the economic study. As the council continues to prioritize local cultural institutions, the outcomes of this study could shape future decisions regarding the Cerritos Center for the Performing Arts.