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Economic Development Committee

June 18, 2026 ·3:00 PM Final ·Agenda en Espanol

City Hall - Art Pick Council Chamber 3900 Main Street, Riverside Live Webcast at: www.RiversideCA.gov/Meeting

Agenda — 22 items

  1. 1 MISSION STATEMENT The City of Riverside is committed to providing high quality municipal services to ensure a safe, inclusive, and livable community. Spanish interpreters will be available in person and via phone. To participate virtually, two options are available: VIA TELEPHONE: Call (951) 826-8686 and follow the prompts to access your desired language. Press *9 to be placed in the queue to speak. Individuals in the queue will be prompted to unmute by pressing *6 to speak. VIA ZOOM: Use the following link: https://zoom.us/j/93149443969 Select the "raise hand" function to request to speak. An on screen message will prompt you to "unmute" and speak. Public comments are limited to 3 minutes. Please follow along via the telephone or Zoom options above to ensure you call in at the appropriate time for your item(s). Public comments regarding items on this agenda or any matters within the jurisdiction of the City Council can be submitted via the eComment feature at www.riversideca.gov/meeting until two hours before the meeting. Email comments to City_Clerk@RiversideCA.gov. * * * * *
  2. 2 PAGE BREAK
  3. 3 Pursuant to the City Council Rules of Procedure and Order of Business, the Members of the City Council Standing Committee and the public are reminded that they must preserve order and decorum throughout the meeting. In that regard, Members of the City Council Standing Committee and the public are advised that any delay or disruption in the proceedings or a refusal to obey the orders of the City Council Standing Committee or the presiding officer constitutes a violation of these rules. The City of Riverside is committed to fostering a workplace that provides dignity, respect, and civility to our employees, customers, and the public they serve. The City of Riverside wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities, as required by 42 U.S.C. §12132 of the Americans with Disabilities Act of 1990. Any person with a disability who requires a modification or accommodation in order to participate in a meeting should direct such request to the City's ADA Coordinator at (951) 826-2211 at least 72 hours before the meeting, if possible. Agenda related writings or documents provided to the City Council Standing Committees are available in the Office of the City Clerk, at www.RiversideCA.gov/Meeting, and in the binder located near the entrance of the meeting room while the meeting is in session. PLEASE NOTE The numerical order of items on this agenda is for convenience of reference. Items may be taken out of order upon request of the Mayor or Members of the City Council.
  4. 4 3:00 P.M.
  5. 5 CHAIR CALLS MEETING TO ORDER
  6. 6 PUBLIC COMMENT ▶ jump to 1:11
  7. 1 To comment on any matters within the jurisdiction of the Committee, you are invited to participate in person or call (951) 826-8686 and follow the prompts to access your language of preference. Press *9 to be placed in the queue to speak. Individuals in the queue will be prompted to unmute by pressing *6 when you are ready to speak. To participate via ZOOM, use the following link: https://zoom.us/j/93149443969. Select the "raise hand" function to request to speak. An on-screen message will prompt you to "unmute" and speak. 26-2027
  8. 8 PAGE BREAK
  9. 9 DISCUSSION CALENDAR
  10. 2 Workforce Innovation Initiative: Memorandum of Understanding with Institute for Veterans and Emerging Technology Skills (iVETS) and StemWorx for Technology and Workforce Development 26-1670 ▶ jump to 1:31
  11. 3 Cannabis Grant Program: Retail Program Implementation Discussion 26-2019 ▶ jump to 21:27
  12. 4 Approve Fiscal Partnership Operating Agreement with First Community Capital, Inc., for Green Technology Revolving Loan Fund Administration and proceed with program launch 26-2020 ▶ jump to 29:19
  13. 13 PRESENTATIONS
  14. 5 Strategic Workforce Development Win: USC Sunstone Challenge Outcomes 26-1993 ▶ jump to 35:54
  15. 6 Business Excellence Series: Voltu Motor 26-2021 ▶ jump to 29:45
  16. 16 COMMUNICATIONS
  17. 7 Staff updates 26-2047 ▶ jump to 52:02
  18. 8 Advancing Riverside’s Competitive Position: Conference and Business Attraction Highlights 26-2025 ▶ jump to 53:19
  19. 9 Legislative update 26-2023
  20. 10 Items for future Economic Development Committee consideration as requested by Members of the Committee 26-2024
  21. 21 * * * * * * * * * The next Economic Development Committee meeting is scheduled for July 23, 2026, at 3:00 p.m. Committee meetings broadcast with closed captioning available on AT&T Channel 99, Charter Spectrum Channel 3, and Frontier Cable Channel 21 View live Webcast of the Committee meetings at: www.RiversideCA.gov/Meeting.com
  22. 22 * * * * * * * * * Sign up to receive critical information such as unexpected road closures, utility outages, missing persons, and evacuations of buildings or neighborhoods. www.RiversideAlert.com