Report to Mayor and City Council
Tuesday, June 21, 2022
Consent
SUBJECT:
Title
CONSIDER RESOLUTION NO. 22-134, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, CALIFORNIA, ESTABLISHING THE ARPA-FUNDED SMALL BUSINESS GRANT PROGRAM
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I. SUMMARY
As part of its allocation of 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, 2002, 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.
II. RECOMMENDATION
Recommendation
1. APPROVE Resolution No. 22-134, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, CALIFORNIA, ESTABLISHING THE AMERICAN RESCUE PLAN ACT OF 2021 FUNDED SMALL BUSINESS GRANT PROGRAM"; and
2. AUTHORIZE the Mayor to execute the Resolution.
1.
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III. ALTERNATIVES
TAKE another action the City Council deems appropriate.
IV. BACKGROUND
In April 2020, the City Council authorized a Small Business Lending Program to assist Carson businesses during the worst of the early lockdowns when many businesses were unable to operate because of State or County stay-at-home orders. While COVID-19 remains fundamentally a health crisis that the State and County's public health and healthcare infrastructure is engaged in combatting, the economic crisis due to business closures and stay-at-home orders followed closely behind during that early period.
The City led the efforts to support the local economy by establishing a Carson COVID-19 Disaster Small Business Loan/Grant Program (Program) with an initial $500,000 allocation from the General Fund. Access to resources was distributed as equitably...
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