Revitalization Commission Agenda and Packet 2021 03 10

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Revitalization Commission Minutes February 10, 2021 Page 4 of 7 to LRC for final approval. Since all of the funds were not awarded, the agreement outlines that the LRC would participate in a pro-rata share. The pro-rata share comes to $88,000 from the LRC and $207,000 from the City's General Fund. There was also discussion that the LRC could provide the amount associated with those business grants awarded in the urban renewal district. This would be approximately $155,000. Commissioner William suggested that, given there were fewer applicants than anticipated, the LRC host a listening session to understand business needs. She favors the pro-rata share. Commissioner Smith, agrees, saying some businesses may not know what district they are in. He thinks it would be useful to find out and understand why businesses did not apply. He asked about a map of businesses in various zones. Director Pierce said some information about eligible businesses is confidential and that she will try to provide a map. She discussed reasons why applications may have been low; some thought they may not have been as much in need as other businesses. Council member Leh said Council was surprised at the interest level. Some businesses did not apply thinking other businesses may not have needed it more. Coordination between EVC and LRC may be helpful. Council appreciates the cooperation from LRC. It is unknown what next steps Council will take regarding business support. Chair Adler suggested a joint meeting with businesses and EVC or Chamber of Commerce. There is an EVC meeting coming up and Council member Leh will bring the desire for a joint meeting suggestion to the EVC's attention. He said EVC would like to partner with LRC. He suggested LRC look at Finance Committee reports. Director Pierce said she understands the desire but it may be difficult to have businesses join a meeting. Businesses are struggling to get by. Commissioner Gorsevski agrees we should fund the pro rata share of $88,000. He asked about the types of businesses that applied. Director Pierce said restaurants were the group with many fewer applications than all prior grant programs. This allowed health services providers ability to be funded. Other feedback was that it was a short application window. Chair Adler noted the breakdown of what type of business received grants is on page 34 of the packet. Commissioner Williams wants to make sure this is serving the intended purpose and reaching the audience and said perhaps the Commission could go directly to businesses. She asked if the businesses who receive grants are required to report back how the money was spent. Director Pierce said no reconciliation or receipts have been required. A reconciliation process was required only for the Recovery & Improvement Matching Grant program. Director Pierce noted that personal service providers are still likely a group in need due to the current capacity restrictions and also the requirement for facial coverings. Agenda Packet P. 6