Report to Mayor and City Council
Tuesday, April 21, 2020
Discussion
SUBJECT:
Title
CONSIDER APPROVING THE TRANSFER OF $75,000 FROM ACCOUNT 101-70-780-290-6004 TO ACCOUNT 101-99-999-999-6503 (COVID-19 RELATED PROFESSIONAL SERVICES) FOR A CONTRACT WITH THE CALIFORNIA COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION, A NON-PROFIT ORGANIZATION, TO PROVIDE ASSISTANCE TO CARSON BUSINESSES IN APPLYING FOR LOANS MADE AVAILABLE THROUGH THE CARES ACT, ESPECIALLY THE PAYCHECK PROTECTION PROGRAM ("PPP") LOANS AND ECONOMIC INJURY DISASTER LOANS ("EIDL") (CITY COUNCIL)
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I. SUMMARY
On April 13, 2020, the Disaster Council approved a contract in a form acceptable to the City Attorney with the California Community Economic Development Association ("CCEDA"), a California non-profit organization, to quickly create and implement a focused business assistance program for Carson businesses, with a special emphasis on the COVID-19 response and accessing funding through federal programs offered through the Small Business Administration. While the Disaster Council has the authority to approve the contract, the appropriation of new funds from the City's Fund Balance requires and action of the City Council.
II. RECOMMENDATION
Recommendation
APPROVE the recommendation to transfer $75,000 from Account Number 101-70-780-290-6004 to Account Number 101-99-999-999-6503 for a contract with the California Community Economic Development Association ("CCEDA"), a California non-profit organization for the purpose of operating a Small Business Assistance Program Carson retail and commercial businesses, and non-profits.
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III. ALTERNATIVES
TAKE another action the Council deems appropriate.
IV. BACKGROUND
On April 13, 2020, the Disaster Council approved a contract with CCEDA, which is a statewide membership association that has served California since 1989. CCEDA supports nonprofit, community-based, neighborhood-targeted development organizations that have programs, services and proje...
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