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049-20 - Resolution - Amending Resolution 029-20 Port Orchard Cares Small Business Relief Grant Program for COVID-19RESOLUTTON NO. 049-20 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON, AMENDING RESOLUTION NO. 029-20, PORT ORCHARD CARES, A SMALL BUSINESS RELIEF GRANT PROGRAM IN RESPONSE TO THE NOVEL coRoNAV| RUS (COV| D-19). WHEREAS, On March 27, 2020, the United States Congress adopted the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") which, among other things, amended Section 601(a) of the Social Security Act and established the Coronavirus Relief Fund into which Congress appropriated S150 billion to make payments for specified uses to States and certain local governments; and WHEREAS, the City received an allocation of CARES Act funding from the allocated funding for the state of Washington in May 2020, and on August 3L, 2020, the Governor announced an increased allocation; and WHEREAS, On July 74,2020, by Resolution No. 029-20, the City Council established Port Orchard CARES, a Small Business Relief Grant Program (the "Program"), the focus of which is to provide short-term economic stability via monetary grants to qualifying businesses located within City limits, and allocated S102,000 for the program; and WHEREAS, by motion the Council authorized the Mayor to execute a contract to form a partnership with the Kitsap Economic Development Alliance ('KEDA"), a Washington nonprofit corporation with a mission to serve as a resource for businesses located in the City, to administer the City's Program; and WHEREAS, due to the increased funding allocated to the City, the City Council desires to increase the amount of funding available through the Program and amend the contract with KEDA to ensure the continued administration of the Program for these additional funds; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: THAT: The City Council hereby adopts the recitals expressed above as Findings of Fact in support of this Resolution. THAT: The City Council amends Resolution No. 029-20 to increase the amount of allocated City general funding for the Port Orchard Cares, Small Business Grant Relief Program, to a new total amount of 5150 ,842.00, to be utilized for economic recovery response to the impacts resulting from the COVID-L9 pandemic. The City Council specifically directs the Mayor to disseminate, in partnership with KEDA, a total of 5747,542 to eligible small businesses pursuant to the program criteria set forth in Resolution No. 029-20, and $L00 per application to KEDA to cover costs of administering Resolution No. 049-20 Page 2 of 9 the Program, up to a maximum amount of $3,500. The City Council further directs the Mayor to seek reimbursement from the CARES Act program for these expenditures. THAT: The City Council authorizes the Mayor to execute an amendment to the agreement with KEDA for administration of the Program attached hereto as Exhibit A and incorporated herein by this reference. THAT: The City Council directs the Mayor to adopt any necessary administrative processes to implement this resolution. The Mayor shall report to the Council any actions taken in accordance with this Resolution and shall do so with thirty (30) days of taking such an action. PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and attested by the Clerk in authentication of such passage this L3th day of October 2020. Robert Putaansuu, Mayor ATTEST Brandy rson,MMC, City Clerk