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Economic Vitality Committee Agenda and Packet 2020 12 18
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Economic Vitality Committee Agenda and Packet 2020 12 18
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12/30/2020 8:50:50 AM
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12/28/2020 11:45:10 AM
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City Council Records
Meeting Date
12/18/2020
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Boards Commissions Committees Records
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The City of Louisville and the Louisville Revitalization Commission have allocated significant <br />funding to this program. However, if the number of applications received exceeds the <br />amount of allocated funding, the City will be required to limit the number of businesses that <br />receive grants. <br />In the event that there is more demand than can be met, the City will first prioritize grants by <br />the relative sales and use tax generation by each applicant. Monthly filers will receive first <br />priority for funding; if remaining funding is available, quarterly filers will be reviewed next, <br />and yearly filers will be considered last. The second criteria that will be used, if necessary, <br />will be how long each business has been open and operating within the City of Louisville — <br />giving preference to businesses operating in Louisville the longest. <br />How often does your business file Sales and/or Use Tax with the City of Louisville? <br />C Monthly <br />r Quarterly <br />r- Annually <br />What date did your business open in the City of Louisville? (provide date/month/year) <br />1 200 characters <br />Acknowledgements & Signature (you must check all <br />acknowledgements, submit documentation, and sign for this to be <br />considered a complete application) <br />Please check each statement acknowledging that you have read and affirm the information <br />you have submitted within this application is true and accurate to the best of your <br />knowledge. <br />Acknowledgements <br />F Business meets program eligibility & requirements <br />F Business has experienced or is projecting to experience a significant decline in revenue <br />as a result of the COVID-19 pandemic <br />F Business is in good standing with the City with respect to taxes and fees; and is in good <br />standing with county, state, and federal governments <br />F Business is in Good Standing with the Colorado Secretary of State (City will verify) <br />F As of 3/10/20, business was not subject to an administrative order, civil lien, or civil <br />judgment held by or on behalf of any federal, state, county, or municipal government; <br />political subdivision; or special district; or criminal restitution order <br />F Any grant monies received will be used on business -related expenses in Louisville, <br />such as rent, mortgage, payroll, or other essential payments to operate during the <br />pandemic, continue operations, or restart the business <br />Agenda Packet P. 19 <br />
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