Laserfiche WebLink
5/7/2021 <br />Alternatives: <br />Agenda <br />1. Direct Staff to conduct further research and to bring back a draft policy for future EDA review <br />2. Direct Staff to expand our current Restaurant Subsidy Program (forgivable loan - internal processes) to <br />include more business types <br />3. Do nothing. Current programs are sufficient. <br />4. Something else. <br />Funding Source: <br />This would be covered under normal staff duties. EDA could be a potential funding source in the event that a <br />business is in default. <br />Recommendation: <br />Staff is open to the idea of exploring the SAC Deferral program further if the EDA deems it worthwhile. If a <br />decision to explore this further is made, Staff would like some EDA consensus on some general parameters of a <br />proposed policy or program. <br />Action: <br />Motion to direct Staff/not direct Staff to conduct further research and to bring back a draft SAC Deferral Policy <br />for future EDA review. <br />MCES Deferal Program Application <br />Sample City of Rosemount Application <br />Inbox <br />Sean Sullivan (Originator) <br />Tim Gladhill <br />Form Started By: Sean Sullivan <br />Final Approval Date: 05/07/2021 <br />Attachments <br />Form Review <br />Reviewed By <br />Sean Sullivan <br />Tim Gladhill <br />Date <br />05/06/2021 09:34 AM <br />05/07/2021 08:36 AM <br />Started On: 05/06/2021 08:30 AM <br />https://agendas.cityoframsey.com:8085/print_all.cfm?seq=21894&reloaded=true&id=0 12/12 <br />