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File #: 20-0349    Version: 1 Name:
Type: City Resolution Status: Passed
File created: 5/1/2020 In control: *Rules & Legislation Committee
On agenda: Final action: 5/12/2020
Title: Subject: BRT Business Assistance Fund Addressing COVID-19 From: Councilmember Bas and Taylor and Vice Mayor Reid Recommendation: Adopt A Resolution Amending Resolution No. 85286 C.M.S. To Allow Businesses Along The Bus Rapid Transit (BRT) Route To Apply For Business Assistance Fund Grants Due To Impacts From The COVID-19 Crisis; And Amending Resolution No. 86321 C.M.S. To Modify Business Assistance Fund Program Guidelines To: A. Add “Working Capital” As An Eligible Use Of Funds; B. Amend The Equitable Distribution Model Guidelines To Take Into Account Financial Loss Due To The COVID-19 Crisis; And C. Allow The Reallocation Of Funds From One Sub- District To Another Should There Be A Lack Of Eligible Businesses
Attachments: 1. View Agenda Report, 2. View Legislation, 3. 88116 CMS

Title

Subject:                     BRT Business Assistance Fund Addressing COVID-19

From:                                          Councilmember Bas and Taylor and Vice Mayor Reid

Recommendation: Adopt A Resolution Amending Resolution No. 85286 C.M.S. To Allow Businesses Along The Bus Rapid Transit (BRT) Route To Apply For Business Assistance Fund Grants Due To Impacts From The COVID-19 Crisis; And Amending Resolution No. 86321 C.M.S. To Modify Business Assistance Fund Program Guidelines To: A. Add “Working Capital” As An Eligible Use Of Funds; B. Amend The Equitable Distribution Model Guidelines To Take Into Account Financial Loss Due To The COVID-19 Crisis; And C. Allow The Reallocation Of Funds From One Sub- District To Another Should There Be A Lack Of Eligible Businesses