Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Supervisor Dave Pine, District 1
Supervisor David J. Canepa, District 5
Subject: 2021 SMC Strong Small Business Assistance Program
RECOMMENDATION:
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Adopt a resolution:
A) Approving an allocation of $2,000,000 in American Rescue Plan Act funds, or other funds as determined by the County Manager, to SMCU Community Fund for administration and distribution of grants to benefit eligible small businesses under the 2021 SMC Strong Small Business Assistance Program (the "Program"); and
B) Authorizing and directing the County Manager, or designee, acting in consultation with County Counsel, to negotiate and enter into, on behalf of the County, an agreement with SMCU Community Fund for the administration and distribution of $2,000,0000 in American Rescue Plan Act funds, or other funds as determined by the County Manager, to benefit eligible small businesses under the Program, and providing a fee to SMCU Community Fund in a total amount not to exceed $75,000 for administration and expenses related to the Program for a term ending November 30, 2021, and granting a waiver of the competitive bidding process.
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BACKGROUND:
During the COVID-19 pandemic, the County, along with other funders, such as cities, private donors, and foundations, contributed over $12,800,000 in funds for grants to almost 1,000 small businesses throughout the County. The grant programs, which are listed below, included targeted programs that were open to all small businesses in the County, as well as programs that targeted business owners residing in areas that were particularly hard hit by the pandemic and programs for specific types of businesses.
Despite the establishment of these County-specific grant programs and multiple state and federal small business grant and loan programs designed to assist businesses impacted by the pandemic, many small businesses in ...
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