Likely Participants
The following government agencies are taking steps to create a Central Coast Public Bank!
County of Santa Cruz
2/26/2019 enacted Public Banking Resolution (prior to AB 857); vote was unanimous except for one abstention due to possible conflict of interest.
5/14/2019 endorsed AB 857; vote was unanimous except for one abstention due to possible conflict of interest.
5/4/2020 letter from Supervisor Greg Caput seeking support from other agencies for a Central Coast Public Bank viability study
3/26/2021 updated letter Supervisor Zach Friend seeking support for a Central Coast Public Bank viability study
County of Santa Barbara
5/4/2021 Board of Supervisors approved resolution supporting Central Coast Public Bank viability study.
The staff recommendation includes funding for a viability study!
County of Monterey
5/4/2021 Board of Supervisors approved resolution supporting Central Coast Public Bank viability study.
City of Monterey
4/19/2022 City Council approved item 24, directing staff to express interest in participating in a Central Coast public banking viability study.
City of Salinas
9/14/2021 City Council unanimously approved ID#21-405 supporting Central Coast Public Bank viability study. The discussion begins at 4:22:24 in the meeting video.
City of Capitola
7/25/2019 City Council unanimously endorsed AB 857.
5/27/2021 City Council unanimously approved the resolution supporting Central Coast Public Bank Viability Study.
City of Seaside
5/6/2021 City Council unanimously approved Agenda item 8J, resolution 21-39 supporting Central Coast Public Bank viability study.
City of Scotts Valley
5/5/2021 City Council unanimously approved Agenda Item 3, Resolution 1996, as amended to express interest in participating in a Central Coast Public Bank viability study. The meeting recording includes a presentation by George Riley and Reed Geisreiter beginning at 42:30, and the amendment and vote are at 1:24:40.
City of Del Rey Oaks
4/27/2021 City Council unanimously approved Resolution 2021-07 as part of the consent agenda.
City of Watsonville
6/11/2019 City Council unanimously approved agenda item 5.J., Resolution 84-19 in support of AB 857, as part of the consent agenda.
2/9/2021 letter from city manager Matthew Huffaker supporting Central Coast Public Bank viability study
City of Santa Cruz
6/11/2019 City Council unanimously approved enacted a resolution supporting AB 857 (with corrections, agenda item #6) as part of the consent agenda.
4/3/2020 letter from then-Mayor Justin Cummings supporting a Central Coast Public Bank viability study, as the City Council unanimously directed on 3/24/2020.
City of Marina
6/15/2021 City Council approved a resolution expressing interest in participating in a Central Coast Public Bank viability study, as part of the consent agenda.
Tentative: We’re aware of interest from some officials in City of Monterey, City of Solvang, City of San Luis Obispo, and Central Coast Community Energy.