SACRAMENTO FIRST TASK FORCE SET FOR HEARING ON JOBS AND ECONOMIC DEVELOPMENT
Posted on 04. Jan, 2010 by SacFirst in Events, SacramentoFirst.org
| January 7, 2010 | ||
| 1:30 pm | to | 3:00 pm |
SACRAMENTO FIRST TASK FORCE SET FOR HEARING ON JOBS AND ECONOMIC DEVELOPMENT
Agenda Features Release of Threshold Economic Study that Analyzes the Impact of an Entertainment and Sports Facility in the Context of the Current Economic Climate and A Presentation on Job Creation
SACRAMENTO – The Sacramento First Task Force will hold a hearing next week focused on job creation and economic development. During the Task Force’s town hall meeting earlier this month, a number of citizens expressed that in light of the challenging economic times and need for immediate job creation that a new entertainment and sports facility should generate immediate economic stimulus and help set the course for long-term economic growth in Sacramento rather than just focus on keeping a professional basketball team in the city.
The hearing is scheduled for:
DATE/TIME: January 7th, 1:30-3:00pm
LOCATION: Carpenters Local 46, 4421 Pell Drive
Sacramento, CA 95838
The meeting will feature the release of a Threshold Economic Study conducted by Cathy Dominico of Capitol Public Finance. The study addresses three threshold questions that have been posed:
(1) Whether, given the current jobs crisis, a facility will create immediate jobs;
(2) Whether, given the current need to stimulate the city’s economy, a facility will generate immediate economic stimulus; and
(3) Whether a facility will foster long-term economic growth for the city. The study specifically looks at other cities with a profile similar to Sacramento to address the question of long-term economic growth.
In addition, Matt Kelly of the Sacramento-Sierra Building & Construction Trades Council will lead a panel discussion focused on the potential impact of a new facility for various trade unions, as well as construction vendors in the Sacramento region.
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