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HomeMy WebLinkAbout2020-042 CCRCouncilmember Butler introduced the following resolution and moved its adoption: RESOLUTION NO. 2020-042 RESOLUTION AUTHORIZING A LETTER OF SUPPORT FOR LEGISLATION REGARDING FUNDING FOR SMALL BUSINESSES WHEREAS, the spread of COVID-19 and the resulting emergency declarations and emergency orders issued by the Governor have created a great deal of uncertainty and has dramatically impacted local businesses, particularly small businesses, and WHEREAS, the City has many micro businesses, many owned by immigrants and people of color, that are a critical part of the economic vitality of the City are the businesses that have been hit particularly hard by this emergency; and WHEREAS, On March 23, 2020, Governor Walz issued Executive Order 20-15, creating the Small Business Emergency Loan Program with a $30 million appropriation for businesses impacted by Executive Orders 20-04 and 20-08; and WHEREAS, The Minnesota Department of Employment and Economic Development has been administering the program, and issued $17 million of loans to date; and WHEREAS, The state legislature is now considering separate House and Senate bills to appropriate additional funds to the program and make amendments to the program NOW, THEREFORE, BE IT RESOLVED, by the City Couricil of the City of Brooklyn Center, Minnesota, that the City Council hereby authorizes the Mayor to provide a letter of support on behalf of the City for legislation that supports and provides funding for small businesses, and further encourages the legislature to ensure the following program elements are included: 1. Established funds for minority -owned businesses 2. Established funds for businesses of varying sizes with separate loan and forgiveness criteria appropriate to the needs and capacity of those businesses 3. Small businesses affected by closures due to all Executive Orders be eligible for funding �=- Date Mayor City Clerk RESOLUTION NO. 2020-V42 The motion for the adoption of the foregoing resolution was duly seconded by member Graves and upon vote being taken thereon, the following voted in or thereof: Butler, Elliott, and Graves and the following voted against the same: Lawrence -Anderson, and Ryan whereupon said resolution was declared duly passed and adopted.