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HomeMy WebLinkAboutReso - CC - 045-2020DocuSign Envelope ID: 7CA62A2B-DC46-4440-86CC-DF54A79700DE RESOLUTION NO. 045-2020 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING SMALL BUSINESS SUPPORT PROGRAMS AS WELL AS THE CRITERIA FOR THE "BURLINGAME BACK IN BUSINESS" GRANT PROGRAM IN RESPONSE TO THE COVID- 19 PUBLIC HEALTH EMERGENCY WHEREAS, at the March 25 special City Council meeting, the Council agreed to the formation of a subcommittee to develop programs to assist Burlingame's small business community; and WHEREAS, at the April 6 Council meeting, the members of the subcommittee presented the City Council with a variety of potential local economic stimulus programs; and WHEREAS, the Council agreed to provide funding to SAMCEDA to assist with advisory assistance to Burlingame businesses; pay the Downtown Business Improvement District and Broadway Area Business Improvement District fees for FY 2020-21; and waive parking meter fees for two weeks after the shelter -in -place order is lifted; and WHEREAS, the Council also tentatively approved a small business grant program in the amount of $500,000 and a Kickstart Burlingame Debit Card program for low income Burlingame households in the amount of $250,000 and asked that further research and development of both programs take place; and WHEREAS, the small business grant program, which has now been titled the "Burlingame Back in Business" grant program, would assist Burlingame's businesses via direct grant payments using the criteria developed by the subcommittee; and WHEREAS, the mechanics of the program, including which entity will administer the program, are still being worked out; and WHEREAS, work continues on the development of the Kickstart Burlingame Stored Value Card program, which is intended to provide $250 stored value cards to low income residents/households in Burlingame, optimally to be spent in Burlingame businesses. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME DOES RESOLVE THAT: 1. The City Council approves the following expenditures and programs in FY 2019-20: SAMCEDA advisory assistance $5,000 Small business grant program $500,000 Kickstart Burlingame Debit Card $250,000 Total $755,000 DocuSign Envelope ID: 7CA62A2B-DC46-4440-86CC-DF54A79700DE 2. The City Council approves the payment of approximately $115,000 in FY 2020-21 to cover the foregone assessments for the two Business Improvement Districts. 3. The City Council approves waiving parking meter fees throughout the remainder of the shelter -in -place order and for two weeks after the order is lifted. 4. The City Council approves the "Burlingame Back in Business" grant program criteria. Docu nnAAr i OsQW DQBn Emily Beach, Mayor I, Meaghan Hassel -Shearer, City Clerk of the City of Burlingame, do hereby certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 20th day of April, 2020 and was adopted thereafter by the following vote: AYES: Councilmembers: BEACH, BROWNRIGG, COLSON, ORTIZ NOES: Councilmembers: NONE ABSTAIN: Councilmembers: O'BRIEN KEIGHRAN DocuSignedby: SD484C3D80E7449... Meghan Hassel -Shearer, City Clerk