City Council Agenda and Packet 2020 04 17 SP

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WHEREAS, the City Council finds that delays in securing aid from federal and state programs may result in such aid not arriving in time to meet the most urgent needs of the City's small businesses, and that a local program can operate with greater speed and efficiency to meet those critical, immediate needs; and WHEREAS, the City's Strategic Plan includes a Vibrant Economic Climate as a key goal of the City, with a sub -program objective to attract and retain a diverse mix of businesses within the City; and WHEREAS, the City Council finds that maintaining a balanced and stable economy is best achieved by retaining a wide variety of businesses within the City, as each contributes to the overall fabric of the City's economy and the health, welfare, and enjoyment of its residents; and WHEREAS, while everyone in the City has been impacted by COVID-19, the City Council finds the business community has been uniquely impacted by the stay-at-home order and social distancing restrictions, and that it would serve an important public purpose to address the inequality in the distribution of public burdens so that the small business community does not pay more dearly than others for the restrictions put in place to protect the public health; and WHEREAS, the City Council further finds that providing assistance to businesses located within the City that have been impacted by COVID-19 would serve the important public purpose of stabilizing, improving and extending a valuable source of municipal revenue; and WHEREAS, the City Council has reviewed the Emergency Solutions Grant Program, a copy of which accompanies this Resolution, and finds it should be approved in order to preserve the health, safely and public welfare of the City and its residents. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. The proposed Emergency Solutions Grant Program is hereby approved, with an expenditure in the amount of two hundred and fifty thousand dollars ($250,000) from the City's general fund, plus any additional amount that may be provided by agreement with the Louisville Revitalization Commission. Section 2. City staff is authorized and directed to administer the program in accordance with its terms. PASSED AND ADOPTED this 17th day of April, 2020. Ashley Stolzmann, Mayor Resolution No. 31, Series 2020 Page 2 of 3