File #: Res 2020-84    Version: 1 Name:
Type: Resolution Status: Passed
File created: 10/8/2020 In control: City Council
On agenda: 10/12/2020 Final action: 10/12/2020
Title: RESOLUTION PRIORITIZING CARES ACT FUND EXPENDITURES TO MAXIMIZE THE BENEFITS TO THE BUSINESSES AND RESIDENTS OF COMMERCE CITY
Sponsors: City Council
Attachments: 1. Resolution

Title

RESOLUTION PRIORITIZING CARES ACT FUND EXPENDITURES TO MAXIMIZE THE BENEFITS TO THE BUSINESSES AND RESIDENTS OF COMMERCE CITY

 

Body

Summary and Background Information

On October 6, 2020 Mayor Huseman called a special meeting of the city council to take place. The purpose of the special meeting is to consider approving another round of Small Business Support/Recovery Grant program in the amount of $750,000. Staff has drafted a resolution to authorize another round of the program for $750,000 in CARES Act funding.

 

Staff Responsible (Department Head):  Roger Tinklenberg, City Manager

Staff Member Presenting:  Roger Tinklenberg, City Manager

 

Financial Impact

Funding Source:  General Fund CARES Act funding

 

Staff Recommendation:  Approve Resolution 2020-84

Suggested Motion:  I move to adopt Resolution 2020-84.