HomeMy Public PortalAbout2020_06_09_M138 - Motion to Approve the Decision Points of the CARES Act FundingCouncil Meeting June 9, 2020
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MOTION 2020-138
Motion to incorporate the following decision points into the CARES Act funding:
Support to Local Non-profits – Option 2 – An individual award up to $50,000 (20
grants); Support to Small Business Grants – Option 2 – Two brackets: $2,500 grants
to businesses between $25,000 to $100,000 and $5,000 grants to businesses between
$100,001 and $1,000,000; and a required percentage of lost revenue at 25%.