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Cerritos EDC reviews advisory role: focus areas include business retention, EIFDs, city‑owned property and 2028 readiness
Summary
City staff presented the Economic Development Commission with an informational overview of the commission’s roles and responsibilities at the Sept. 9 meeting, describing how the advisory body will support the City Council’s strategic plan and guide local economic policy.
City staff presented the Economic Development Commission with an informational overview of the commission’s roles and responsibilities at the Sept. 9 meeting, describing how the advisory body will support the City Council’s strategic plan and guide local economic policy.
Economic Development Manager Kristen Miranda told commissioners that the City Council adopted a strategic plan in December 2024 and approved formation of the commission through Ordinance No. 1049 on April 21, 2025. The commission will advise on business retention and attraction, help guide implementation of the city’s economic development strategic plan (a separate document currently being prepared with a consultant), recommend marketing strategies, evaluate partnerships with property owners, explore mixed‑use opportunities and enhanced infrastructure financing districts (EIFDs), and offer input on leasing city‑owned properties to achieve “highest and best use.”
Miranda described the commission as a liaison to the business community and a policy adviser to City Council, with ongoing responsibilities that include reviewing updates to the economic development plan, assessing recruitment tools, promoting city facilities such as the Cerritos Center for the Performing Arts, and engaging stakeholders in preparation for regional opportunities such as the 2028 Olympic Games. Commissioners asked clarifying questions about the relationship between the citywide strategic plan (goal number 4) and the forthcoming economic development strategic plan; staff said the economic development plan is a separate, consultant‑led document that will be brought to the commission for review and recommendations prior to Council consideration.
Staff recommended the commission receive and file the report; commissioners indicated they expect continued briefings and requested that measurable goals and metrics be included as the separate economic development strategic plan is developed.
