Alhambra wins top honors for cities with populations greater than 60,000,while Cerritos wins for cities with less than 60,000 residents
Los Angeles—The Los Angeles County Economic Development Corporation (LAEDC) today announced the cities of Alhambra and Cerritos as the winners of its annual “Most Business-Friendly City in Los Angeles County” competition at its 15th Annual Eddy® Awards. Inaugurated in 1996, the Eddy® Awards gala has become the most important economic development award program in the state of California, and is attended by more than 600 leaders from the business, government, and education communities.
The City of Alhambra took the top honors as the most business-friendly city in L.A. County for the cities with more than 60,000 residents. Located eight miles east of downtown Los Angeles, Alhambra is often referred to as the “Gateway to the San Gabriel Valley.” The city offers a favorable combination of housing, business, employment and recreational opportunities. Alhambra’s Economic Development Element in its General Plan provides a blueprint to sustain and grow commerce and businesses including industrial and central business district project areas, financial assistance in redevelopment areas, land acquisition, negotiated sales, lease agreements with an option to purchase, rent subsidy, and rebates.
The business-friendly assistance Alhambra offers to businesses starts with the help and wealth of information found on the city’s website and extends to its timely customer service and modest and reasonable rates charged for business license and utility user tax and fees.
For more about the “Most Business Friendly Cities” honorees and Corporate and Individual Eddys Awards visit: http://www.mayocommunications.com/2010-NEWS%20RELEASES/NR-365.htm