Title:
NEW ITEM: Small Business Loan Program
Summary
ACTION:
Approve the Small Business Loan Program Ordinance
Staff Contact: Sarah Lyberg, Finance Director
Presentation: Yes (Verbal)
BACKGROUND/JUSTIFICATION:
The Fiscal Year 2019-2020 Budget Ordinance includes funding for the establishment of the Small Business Loan Program. The Small Business Loan Program Fund ordinance will establish a separate fund to account for the activities of this program.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
FISCAL IMPACT:
Included in the FY 2019-2020 Budget Ordinance