Report to Mayor and City Council
Tuesday, January 17, 2023
Consent
SUBJECT:
Title
CONSIDER RESOLUTION NO. 23-020, "RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, CALIFORNIA, APPROVING AN ADDITIONAL APPROPRIATION OF $500,000 OF AMERICAN RESCUE PLAN ACT OF 2021 FUNDS FOR USE TOWARD SMALL BUSINESS GRANT PROGRAM" AND APPROVAL OF FORM OF AMERICAN RESCUE PLAN ACT OF 2021 SUBRECIPIENT GRANT AGREEMENT
Body
I. SUMMARY
As part of its allocation of American Rescue Plan Act of 2021 ("ARPA") funding, in March 2022 the City Council directed staff to develop a Small Business Grant Program to assist businesses still affected by the Covid-19 pandemic. On May 17, 2022, the City Council provided direction to staff on the eligibility criteria and other factors related to the proposed Small Business Grant Program including the goals and objectives of the program, the program's competitiveness, the minimum and maximum grant sizes, the specific eligibility criteria for the program, and requirements of the program the City may impose on businesses.
On June 21, 2022, by adoption of Resolution No. 22-134, the City Council approved and established the City's Small Business Grant Program authorizing $1,000,000 from ARPA funds for City's use toward the Grant Program, in accordance with certain Grant Program Guidelines adopted under Resolution No. 22-134.
Since October of 2022, staff has received 50 applications from Carson business owners which could result in grants in excess of $1,000,000. Accordingly, staff is requesting the City Council approve an appropriation of an additional $500,000 to allow City to further assist Carson businesses that were impacted by Covid-19 loss of business.
Additionally, existing Carson Home Owner/Occupation Based Businesses meeting the Small Business Grant Program Guidelines Criteria will be eligible to apply for a SBGP Grant.
II. RECOMMENDATION
Recommendation
1. ADOPT RESOLUTION NO. 23-020, "RESOLUTION OF THE CITY COUNCIL OF THE CITY OF C...
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