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<br />Councilmember Musgrove introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #20-220 <br /> <br />RESOLUTION MODIFYING CARES ACT SMALL BUSINESS GRANT PROGRAM TO <br />ALLOW FOR ADDITIONAL GRANT AWARDS <br /> <br /> WHEREAS, the Covid-19 pandemic has negatively impacted many City of Ramsey <br />Business; and <br /> <br />WHEREAS, the City received an allocation of over Two Million in Cares Act Dollars to <br />provide assistance at the local level for businesses, residents and government expenses related to <br />Covid-19; and <br /> <br /> WHEREAS, the City of Ramsey has adopted and implemented Phase 1 of the Covid – 19 <br />Business Assistance Program which included: Liquor License Renewal Program, Ad <br />Reimbursement program and business spotlight which was targeted at businesses affected be EO <br />20-04 and EO 20-08; and <br /> <br />WHEREAS, the City Council adopted Resolution #20-154 Approving a $215,000 Cares <br />Act allocation to support the City of Ramsey Small Business Grant Program which included 20 <br />$10,000 grant awards and $15,000 for administration / underwriting of the program; and <br /> <br />WHEREAS, the City of Ramsey Small Business Grant Program had 36 applicants and is <br />oversubscribed by 11 eligible businesses based on preliminary application screening; and <br /> <br />WHEREAS, the City of Ramsey could fund all eligible applicants that applied by <br />allocating an additional $115,000 from the City of Ramsey CARES Act allocation; and <br /> <br />WHEREAS, Four eligible businesses have also applied for Anoka County Care Act Small <br />Business Grant Program as of 9/16/20 and could be funded through either program. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the City Council hereby approves a, additional $115,000 allocation from the CARES <br />Act to fund $110,000 in grants and $5,000 for administration and underwriting of the City <br />of Ramsey Small Business Relief Grant Program. The total CARES Act allocation for this <br />program is $330,000 <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Specht, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor LeTourneau <br /> Councilmember Musgrove <br /> Councilmember Specht <br /> <br />