HomeMy WebLinkAboutReso 91-20 Authorizing Budget Adjustment to Fund Business Grant ProgramRESOLUTION NO. 91-20
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
APPROVING FISCAL YEAR 2020/21 BUDGET ADJUSTMENT
TO FUND MORRO BAY SMALL BUSINESS GRANT PROGRAM
TO SUPPORT LOCAL BUSINESSES IMPACTED BY COVID-19
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, to protect the lives of our residents, President Donald Trump, Governor Gavin
Newsom, and San Luis Obispo County Public Health Officer each declared public health emergencies
related to the deadly COVID-19 pandemic in March 2020; and
WHEREAS, since March 14, 2020, all California residents and businesses were required to
adhere to Shelter at Home orders and associated restrictions, thereby requiring many small
businesses to shutter in entirety or significantly reduce services with alternative service models; and
WHEREAS, on September 22, 2020, the City Council directed staff to develop a local small
business grant program which included programmatic and budget considerations to aid those
qualifying businesses that were impacted by COVID-19.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay,
California that the adopted FY 2020/21 Economic Development Operating Budget (Fund 907) be
amended to include an expense appropriation of $100,000 to fund a local, small business grant
program to support local businesses impacted by COVID-19. The initiative will be a competitive grant
program where applications are submitted and scored against objective criteria, the program to be
developed further by City staff based on details provided in the accompanying staff report for this
Resolution No. 91-20 presented to City Council on October 13, 2020.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting
thereof held on the 13th day of October 2020, by the following vote:
AYES Headding, Addis, Davis, Heller, McPherson
NOES* None
ABSENT: None
ABSTAIN: None
JOH HEADDING, Mayor
ATTEST:
DANA SWANSON, City Clerk