HomeMy WebLinkAbout10.7.20 Board Correspondence - FW_ _How to Rescue Main Street post COVID-19_ presentation
From:Schuman, Amy
To:Alpert, Bruce;Bennett, Robin;Cook, Holly;Paulsen, Shaina;Pickett, Andy;Ring, Brian;Rodas, Amalia;Sweeney,
Kathleen
Cc:Clerk of the Board;York, Danette;Hatcher, Casey;Macarthy, Jennifer;Jessee, Meegan;Kim, Sang;Bernstein,
Robert
Subject:Board Correspondence - FW: "How to Rescue Main Street post COVID-19" presentation
Date:Wednesday, October 7, 2020 8:38:11 AM
Good morning,
FYI – The email below was sent to all 5 Supervisors. I’m adding those that were not initially included
in the email from the BOS Group.
Sincerely,
Amy Schuman
Associate Clerk of the Board
Butte County Administration
25 County Center Drive, Suite 200, Oroville, CA 95965
O: 530.552.3300 |D: 530.552.3308 | F: 530.538.7120
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From: Steve Breedlove <steve@breedloveforchico.com>
Sent: Tuesday, October 6, 2020 9:22 PM
To: sryan@cityofredbluff.org; Deyestone@cityofredbluff.org; Cparker@cityofredbluff.org;
Kdeiters@cityofredbluff.org; Jjones@cityofredbluff.org; ajenkins@cityofredbluff.org;
TCBOS@co.tehama.ca.us; mbrimm@corning.org; llinnet@corning.org; dhoss@co.tehama.ca.us;
gcboard@countyofglenn.net; boardclerk@countyofglenn.net; TTC@countyofglenn.net;
debbie.presson@chicoca.gov; dani.rogers@chicoca.gov; stina.cooley@chicoca.gov;
molly.marcussen@chicoca.gov; scott.dowell@chicoca.gov; Clerk of the Board
<clerkoftheboard@buttecounty.net>; Teeter, Doug <DTeeter@buttecounty.net>; Connelly, Bill
<BConnelly@buttecounty.net>; Lucero, Debra <DLucero@buttecounty.net>; Ritter, Tami
<TRitter@buttecounty.net>; BOS District 4 <District4@buttecounty.net>; ahatley@cityoforoville.org;
jgoodson@cityoforoville.org; ldraper@cityoforoville.org; esmith@cityoforoville.org;
dpittman@cityoforoville.org; sthomson@cityoforoville.org; creynolds@cityoforoville.org;
finance@cityoforoville.org; bahd@cityoforoville.org; qcrye@gridley.ca.us; ztorres@gridley.ca.us;
rborges@gridley.ca.us; cwilliams@gridley.ca.us; bjohnson@gridley.ca.us; finance@gridley.ca.us;
jdvolenski@townofparadise.com; smiller@townofparadise.com
Subject: "How to Rescue Main Street post COVID-19" presentation
ATTENTION: This message originated from outside Butte County. Please exercise judgment before opening
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Honorable elected officials and executive personnel for the citiesin and counties of Butte,
Tehemaand Glenn:
You are invited to apresentation by the Public Banking Institute on Thursday, October 22, 2020
from 6-7:30pm. Please register here.
Public banks — banks owned by the public — have been shown to respond more rapidly,
effectively and equitably to crises than privately-owned banks. The public is invited to learn how at
an informative Town Hall titled “Bring On the Power of Public Banking: How to Rescue Main
Street Post COVID-19,” hosted by the Public Banking Institute and supporters in Chico, CA.
Even after the CARES stimulus package, states and cities face serious budget crises and
communities are struggling to survive, in the wake of mass unemployment, exploding costs, and
plummeting tax revenues. Interest rates on municipal bonds have shot up, while interest rates for
banks have dropped virtually to zero. What can states and cities do? Form their own publicly-
owned banks.
Town Hall panelists will examine how a public bank could become a real financial lifeline to
struggling Butte County communities desperate for funds, staving off economic disaster and jump-
starting the economy.
Thank you for your consideration on this issue and we look forward to discussing the potential
benefits of a regional public bank in the North State.
Thursday, October 22, 2020 from 6-7:30pm. Register here.Please feel free to forward this to staff
representatives who will attend in your place,or in the case of clerks, please forward to the
officials as appropriate.
Respectfully,
Steve Breedlove
Chico, California