Agenda Item # 11.d.
City Commission Regular Meeting
- Meeting Date:
- 02/03/2020
- Re
- Way to Grow Lincoln Park Grant Award - A&K Grocery LLC
SUBJECT:
Approve grant award for Tiffany Treston, owner of A&K Grocery LLC, in the amount of $9,992.06, as an eligible recipient under the Way to Grow Lincoln Park Historic Avenue D Business District Small Business Startup/Relocation Grant Program.
SUMMARY:
2018-19 CDBG allocates funds for small businesses of up to $3000. The partnership with Allegany Franciscan Ministries presented an additional grant source of up to $7000 for each small business in this program. Tiffany Treston requested monthly rent for two months and reimbursement for startup expenses. Ms. Treston's application included business plan, receipts startup equipment expenses and inventory.
RECOMMENDATION:
Approve grant award for A&K Grocery LLC to cover small business startup expenses.
ALTERNATIVES:
Do not approve this grant award.
RESPONSIBLE STAFF:
Caleta Scott, Manager, Grants Administration Division
COORDINATED WITH:
Lincoln Park Revitalization Coordinator
Fiscal Impact
- Budgeted Y/N:
- Y
- Fiscal Year:
- 2018
- Account:
- 10390025548410
- Amount:
- 2992.06
OTHER INFORMATION:
This expenditure will be reimbursed to the city via 2018-19 CDBG funds
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Finance Department | Johnna Morris | 01/27/2020 10:23 AM |
| City Manager | Nick Mimms | 01/28/2020 08:50 AM |
- Form Started By:
- cscott
- Started On:
- 01/22/2020 10:33 AM
- Final Approval Date:
- 01/28/2020