HomeMy WebLinkAbout2020-16 EDAR Member Graves introduced the following resolution and moved its
adoption:
EDA RESOLUTION NO. 2020-16
RESOLUTION APPROVING AUTHORIZING THE TRANSFER OF CARES ACT
FUNDS TO THE ECONOMIC DEVELOPMENT AUTHORITY OF BROOKLYN
CENTER TO ADMINISTER PROGRAM
WHEREAS, on March 27, 2020, H.R. 748 Coronavirus Aid, Relief, and Economic
Security Act (CARES Act) was introduced by the United States Congress to provide emergency
assistance and health care response for individuals, families, and businesses affected by the
COVID-19 pandemic and signed into law by President Donald Trump; and
WHEREAS, in order to assist cities, counties and townships across the state with the
unexpected budgetary and economic impacts of the COVID-19 pandemic, $841 million of the
state’s allocation of the Coronavirus Relief Fund (the “Funds”), authorized by the federal
CARES Act, have been distributed to local governments across the state; and
WHEREAS, the City of Brooklyn Center has received an allocation of $2.4 million,
which can be used to support local government services as well as grants to businesses and
individuals who have been impacted by COVID-19; and
WHEREAS, guidance issued by the federal government provides that CARES Act
funding is intended to cover a variety of costs incurred by state and local governments in
responding to and mitigating the effects of the COVID-19 public health crisis in their
communities, including economic support for small businesses through grants or forgivable
loans; and
WHEREAS, the Economic Development Authority of the City of Brooklyn Center,
Minnesota (the “Authority”) has established a Micro-business Relief Grant Program (the
“Program”) providing grants and technical assistance to small businesses for costs of business
interruptions cause by required closures, voluntary closures to adhere to public health guidance,
and decreased customer demand related to the COVID-19 public health emergency; and
WHEREAS, the expenditures described herein are necessary in connection with a public
health emergency caused by the COVID-19 pandemic, which was incurred on or after March 1,
2020, and was not accounted for in the City’s regular budget in place as of March 27, 2020, and
therefore is a permissible expenditures of Funds under the CARES Act; and
WHEREAS, the City Council has determined that transferring the administration of a
portion of the Funds to the Authority for Program purposes is in the best interests of the City and
that the Funds designated for Micro-business Relief Grant Program uses will comply with
federal and state guidelines for the use of the Funds under the CARES Act.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Brooklyn
Center as follows:
1. The City Manager and staff are authorized and directed to transfer the administration
of a portion of the Funds to the Brooklyn Center Economic Development Authority,
in the authorized amount of fifty thousand dollars ($50,000), for the purpose of
providing grants and technical assistance to small businesses through its Micro-
business Relief Program; in accordance with federal and state guidelines for
expending the Funds.
2. The City Manager and City staff are hereby authorized to take all other actions, and
execute such other documents, as may be needed to implement and carry out the
intent of this Resolution.
October 12, 2020
Date President
The motion for the adoption of the foregoing resolution was duly seconded by member
Elliott
and upon vote being taken thereon, the following voted in favor thereof:
Butler, Elliott, Graves, Lawrence-Anderson, Ryan
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted.