Los Angeles, CA. Focused on attracting new business and those companies with an eye toward Silicon Beach, Manhattan Beach has created an Economic Development Advisory Council to bring these opportunities to the community. The council, made up of members of the Manhattan Beach business community, includes Nixon Peabody Los Angeles public finance partner Rudy Salo.
The Economic Development Advisory Council will advise the City Council on strategies for economic development as well as focus on ways Manhattan Beach can retain existing businesses and attract new companies and tenants. “I’m excited to help facilitate further economic growth in the South Bay, and in my hometown of Manhattan Beach in particular,” said Rudy Salo. “I look forward to working with City Council to attract new business.”
In addition to Rudy, council members include: Larry Kosmont, an economic consultant who will chair the panel; Edward Fox, chairman and CEO of Vantage Property Investors; Greg Vena, an executive at Rich Development Company; Brett Lightner, senior loan consultant at Caliber Home Loans; former mayor and Body Globe President Russ Lesser; and Jeff Schumacher, CEO at Boston Consulting Group Digital Ventures.
A resident of Manhattan Beach, Rudy is a public finance partner at Nixon Peabody LLP where he works with lenders, borrowers and underwriters on a broad range of public projects financed by tax-exempt and taxable debt. He advises clients on public offerings and direct lending/privately placed debt serving as lender’s/bank, bond, disclosure, underwriter’s or borrower’s counsel.