2020.10.13 CC Minutes - Laserfiche WebLink

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October 13, 2020 Page 4 of 6 bonds. She noted the borrower would be responsible for making all bond payments. She reiterated City was assuming no risk by issuing these bonds. Motion by Councilmember Jacobsen, seconded by Councilmember Dunsworth to open the Public Hearing. A roll call vote was taken. 5 Ayes, 0 Nays - Motion Carried The Public Hearing was opened at 6:45 p.m. Mayor Johnson asked for comments, there were none. Motion by Councilmember Jacobsen, seconded by Councilmember Dunsworth to close the Public Hearing. A roll call vote was taken. 5 Ayes, 0 Nays - Motion Carried The Public Hearing was closed at 6:46 p.m. A roll call vote was taken. 5 Ayes, 0 Nays-Motion Carried Council Business 1. Update on CARES Funding Programs. City Manager Massopust provided an update on the current status of the CARES funding programs as well as proposed enhancements of the program to extend the grant opportunities to local non-profits. Staff has been in contact with the City’s Attorney’s. An extension of the grant program is allowed under the authorization granted on August 25, 2020. The maximum grant awards available are $10,000 per eligible non-profit. In no case shall award amount exceed amount of eligible uses. If the number of applications received exceeds available funding, the Program will prioritize non-profits that have not received grant relief through Ramsey County or the State of Minnesota. He provided further comment on how the City was assisting small businesses and residents in the community. He requested the Council consider amending the existing program to allow CARES Act dollars to be provided to local non-profits. He noted the CARES Act Committee was in attendance for comments or questions. Councilmember Jacobsen asked how many dollars had been spent on residential assistance. City Manager Massopust stated the City has received 11 applications to date for residential assistance. Councilmember Jacobsen questioned how much money should be set aside for local non-profits. City Manager Massopust commented this would be hard to tell but noted the City of New Brighton had 75 local non-profits. Assistant Director of Community Assets and Development Gozola reported CAP had approved two grants on the residential side last Friday for a total of $3,296. Councilmember Allen requested further information on how the City was advertising these programs. City Manager Massopust reported the most effective route has been meeting one on one with apartment owners to let them know about the program. He stated leveraging partnerships with existing church groups, the community resource group and Ralph Reeder Council Business 1. Update on CARES Funding Programs.