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2020.11.04 EDC Packet
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2020.11.04 EDC Packet
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<br /> <br />Page 1 <br /> <br />REQUEST FOR COMMISISON CONSIDERATION <br /> <br />ITEM DESCRIPTION: Local COVID-19 Response update / Business Retention and Expansion <br />DEPARTMENT HEAD’S APPROVAL: <br />CITY MANAGER’S APPROVAL: <br />No comments to supplement this report ___ Comments attached ___ <br /> <br />Recommendations: Provide recommendations on further actions you believe the City should <br />be considering to support our business community <br /> <br />History: November/December – first cases of COVID-19 occur in Wuhan, China <br /> January 2020 – first reported COVID-19 case discovered in the US <br /> March 2020 – first of many executive orders issued by the Governor in <br />response to an expanding COVID-19 global pandemic <br /> March 25, 2020 – first of multiple CARES Act funding bills passed by <br />Congress in response to the pandemic <br /> Late July 2020 – City of New Brighton receives an allocation of CARES Act <br />dollars, a portion of which is anticipated to be directed by Council towards <br />a small business emergency assistance program. <br /> August 2020 – City of New Brighton creates grant programs to assist <br />businesses and residents impacted by COVID-19 <br /> Residential and Business Grant Programs Launched on September 14th, <br />2020 <br /> Non-profit eligibility opened on October 14th, 2020. <br /> <br />Financial Impact: Significant to our small businesses in need of financial assistance due to <br />COVID-19. <br /> <br />Summary: Staff will utilize a portion of the meeting to present the latest and greatest <br />numbers from our two grant programs which will have stopped accepting <br />new applications by the time of our next meeting. Numbers will not be in <br />hand until 11/2/20, so they are not included herein. Updates will also be <br />provided on the Non-profit program that was offered in October, and an <br />extension proposal currently under consideration. Following discussion, staff <br />is interested in hearing from commissioners on any further ideas you may <br />have for supporting our business community. <br />Agenda Section: VI <br />Item: 2 <br />Report Date: 10/29/20 <br /> Commission Meeting Date: 11/04/20
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