Title
Approval of a Resolution Authorizing Amendment No. 2 to a Contract with the Economic Development Council of Thurston County to Administer Services Related to COVID-19 Support for Small Businesses
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a resolution authorizing amendment no. 2 to a contract with the Economic Development Council of Thurston County to administer services related to COVID-19 including business reopening services, an emergency hotline, and grants to small businesses and childcare providers.
Report
Issue:
Whether to amend the existing contract with the Thurston County Economic Development Council to include an additional $475,000 to administer service related to COVID-19 including business reopening services, an emergency hotline, and a small business micro-grant program and a childcare provider grant program.
Staff Contact:
Mike Reid, Economic Development Director, Executive Department, 360.753.8591
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
On April 3, 2020, the City entered into a contract in the amount of $50,000 for the creation and operation of a business support hotline and other technical support programs to assist local businesses. On June 29, 2020, the contract was amended to include an additional $120,000 to support regional recovery efforts like bulk purchasing and distribution of personal protective equipment for local small businesses. The current proposed amendment would add an additional $475,000 for the administration and distribution of grant programs for local small businesses and childcare providers. The total proposed contract is now is for $645,000.
On July 21, 2020, the Olympia City Council passed Resolution M-2135 authorizing the appropriation of $1,000,000 of economic development reserve funding to support community economic recovery efforts. This contract amendment is consistent with what was presented ...
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