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File #: 2020-270    Version: 1 Name:
Type: Discussion Status: Agenda Ready
File created: 4/27/2020 In control: City Council
On agenda: 5/5/2020 Final action:
Title: UPDATE ON CARSON SMALL BUSINESS ASSISTANCE AND LOAN PROGRAMS AND CONSIDERATION OF RESOLUTION NO. 20-077, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, APPROVING THE TRANSFER OF $75,000 FROM ACCOUNT 101-70-780290-6004 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) (CITY COUNCIL)
Attachments: 1. Exhibit 1 CCEDA Contact Budget Resolution
Report to Mayor and City Council
Tuesday, May 05, 2020
Discussion


SUBJECT:
Title
UPDATE ON CARSON SMALL BUSINESS ASSISTANCE AND LOAN PROGRAMS AND CONSIDERATION OF RESOLUTION NO. 20-077, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, APPROVING THE TRANSFER OF $75,000 FROM ACCOUNT 101-70-780290-6004 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) (CITY COUNCIL)

Body
I. SUMMARY

This is an update on the City's Small Business Assistance and Loan Program, which launched on April 27, 2020, and a request to approve a budget resolution ratifying the action the City Council approved on April 21 that did not include an attached resolution. This is not a request for additional funding.
On April 13, 2020, the Disaster Council approved a contract 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 an action of the City Council. On April 21, 2020, the City Council approved staff's recommendation to transfer $75,000 from Account Number 101-70-780-290-6004 to Account Number 101-99-999-999-6503 for the contract, but the correct process would have been to include a budget resolution.


II. RECOMMENDATION
Recommendation

1. RECEIVE AND FILE information on Carson Small Business Assistance and Loan Programs.

2. APPROVE RESOLUTION NO. 20-077, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, APPROVING THE TRANSFER OF $75,000 FROM ACCOUNT 101-70-780290-6004 TO ACCOUNT 101-99-999-999-6503 (COVID-19 RELA...

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