Recommendation
A. Approve a Memorandum of Understanding between the City of Goleta and Women’s Economic Ventures to fund the ReStart Loan Program and the Small Business Basic Loan Program; and
B. Approve an appropriation of $200,000 from the General Fund Unassigned Fund Balance to the Neighborhood Services Support to Other Agencies account, if no other sources of State or Federal COVID-19 relief funding are received, to fund small business loan programs; and
C. Approve a Memorandum of Understanding between the City of Goleta and the Santa Barbara Foundation to fund the Santa Barbara Better Together Fund Small Business Grant Assistance Program; and
D. Approve a one-time $50,000 appropriation from the General Fund Unassigned Fund Balance to the Neighborhood Services Support to Other Agencies account, if no other sources of state or federal COVID-19 relief funding are received, to fund the Santa Barbara Foundation Santa Barbara Better Together Fund Small Business Grant Assistance Program.
Staff
Vyto Adomaitis, Neighborhood Services and Public Safety Director
Jaime A. Valdez, Principal Project Manager
Dominique Samario, Management Analyst
Estimated Time
30 minutes