CITY OF SAN CARLOS
ESTABLISH SAN CARLOS CITY COUNCIL RESERVE POLICY


RSG assisted the City Council formulate an economic and community investment policy, known as the Strategic Property Acquisition Reserve.  Starting with a process that entailed evaluating similar best practices, the RSG team conducted one-on-one interviews of all five City Council members to get their ideas on how the funds could best be used and then collected these recommendations into an outline of 10 top priorities that we developed in conjunction with a City Council subcommittee and City management, then later presented and adopted by the City Council.  Within 4 months of creating the policy, the City had employed these reserves to purchase a site for economic development, yielding a ROI of over 100%.  CALED recognized the SPAR Fund Policy in 2014 at their annual awards ceremony.