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Agenda Item # 11.b.
City Commission Regular Meeting - 4:30 pm
Meeting Date:
10/19/2020
Re
Way to Grow Lincoln Park Grant Award - JC Salon and Boutique - $10,000

SUBJECT:

Approve grant award for Jaykelia Weston, owner of JC Salon & Boutique, in the amount of $10,000, as an eligible recipient under the Way to Grow Lincoln Park Historic Avenue D Business District Small Business Startup/Relocation Grant Program.

SUMMARY:

M2018-19 CDBG allocates funds for small businesses of up to $3000. The partnership with Allegany Franciscan Ministries presented grant funding of up to $7000 for each small business in this program. Ms. Weston's requested rental deposit(s), monthly rent for 1 month, reimbursement for required utility deposit and startup expenses/inventory.  Ms. Weston's application included business plan, Proposal to Lease, and quotes for office supplies and utilities deposit, as verification for startup expenses and inventory.  (This is a correction of amount approved on the 10/5 agenda)

RECOMMENDATION:

Approve grant award for JC Salon and Boutique 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:
2019
Account:
10390025548410
Amount:
3000.00

OTHER INFORMATION:

Funds will be reimbursed to the City via 2019-2020 CDBG funds

Attachments

Form Review

Inbox Reviewed By Date
Finance Department Johnna Morris 10/12/2020 10:46 AM
City Manager Nick Mimms 10/12/2020 10:48 AM
Form Started By:
cscott
Started On:
10/06/2020 04:31 PM
Final Approval Date:
10/12/2020