To: Board of Supervisors
From: Executive Office
Meeting Date: March 15, 2022
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Department Contact: |
Darcie Antle |
Phone: |
463-4441 |
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Department Contact: |
Xuyen Ung |
Phone: |
463-4441 |
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Item Type: Consent Agenda |
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Time Allocated for Item: n/a |
Agenda Title:
title
Approval of Retroactive Agreement with Economic Development and Financing Corporation (EDFC) in the Amount of $105,250 for California Microbusiness Covid-19 Relief Grant Program Services for the Period of January 25, 2022 through December 30, 2022
End
Recommended Action/Motion:
recommendation
Approve retroactive agreement with Economic Development and Financing Corporation (EDFC) in the amount of $105,250 for California Microbusiness Covid-19 Relief Grant Program Services for the period of January 25, 2022 through December 30, 2022; and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
The Board ratified the submission of the grant application at the January 25, 2022 meeting.
Summary of Request:
The California Microbusiness COVID-19 Relief Grant Program (MBCRG) was created in 2021 to assist qualified microbusinesses that have been significantly impacted by the COVID-19 pandemic in California.
The MBCRG Program was created within CalOSBA to assist qualified microbusinesses that have been significantly impacted by the COVID-19 pandemic with grants in the amount of $2,500 to each eligible microbusiness that is selected for an award.
In this agreement, EDFC will administer and distribute $2,500 to approximately 35 eligible microbusinesses in Mendocino County. Eligible microbusinesses will be required to self-certify that grant funds will be used for one or more of
the following eligible uses:
(A) The purchase of new certified equipment including, but not limited to, a cart.
(B) Investment in working capital.
(C) Application for, or renewal of, a local permit including, but not limited to, a permit to operate as a sidewalk vendor.
(D) Payment of business debt accrued due to the COVID-19 pandemic.
(E) Costs resulting from the COVID-19 pandemic and related health and safety restrictions, or business interruptions or closures incurred as a result of the COVID-19 pandemic
This agreement is retroactive to allow EDFC to start and complete the implementation of the program according to CalOSBA’s short timetime.
Alternative Action/Motion:
Return to staff for alternative handling.
Does This Item Support the General Plan? N/A
Supervisorial District: All
vote requirement: Majority
Supplemental Information Available Online At: HTTPS://CALOSBA.CA.GOV/GRANT-AND-FUNDING-OPPORTUNITIES/
Fiscal Details:
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source of funding: California Microbusiness Covid-19 Relief Grant Program |
budgeted in current f/y: No |
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current f/y cost: $105,250 |
if no, please describe: recently awarded |
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annual recurring cost: n/a; one-time grant funding |
revenue agreement: No |
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budget clarification: 100% grant funded |
Agreement/Resolution/Ordinance Approved by County Counsel: Yes
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CEO Liaison: Executive Office |
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CEO Review: Yes |
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CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Deputy Clerk II |
Final Status: Approved |
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Date: March 16, 2022 |
Executed Item Type: Agreement Number: 22-062 |
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