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Title:
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Ord Making Certain Findings & Approp $9,000,000 from General Fund/GSD Fund Balance to establish a COVID-19 Small Business Relief & Employee Retention Grant Program (“Program”) for eligible Small Businesses located in Duval County, with Maximum City Funding for the Program Anticipated to be $26,500,000 over the 6 Yr. Term of the Program; Providing a Carryover of Funds from Yr. to Yr. until such Funds are Expended or Lapse According to the Agreement; Apv & Auth the Mayor of his designee & Corp. Secretary to Execute & Deliver an Agreement (“Agreement”) with VYSTAR Credit Union (“VYSTAR”) to Administer the Program on behalf of the City in accordance with the Agreement, & otherwise take all necessary action to effectuate the purposes of the Agreement & this Ordinance; Providing for Annual Reports to City Council; Oversight by Finance & Admin Dept to Oversee the Grant Process & Program; Req. Emergency Passage Upon Intro (B.T. 20-065)(Sawyer)(Req of Mayor &...
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