City Commission Regular Meeting


Return to the Agenda
  Agenda Item # 11.d.       
Meeting Date: 02/03/2020  
Re:    Way to Grow Lincoln Park Grant Award - A&K Grocery LLC

SUBJECT:
Approve grant award for Tiffany Treston, owner of A&K Grocery LLC, in the amount of $9,992.06, as an eligible recipient under the Way to Grow Lincoln Park Historic Avenue D Business District Small Business Startup/Relocation Grant Program.
SUMMARY:

2018-19 CDBG allocates funds for small businesses of up to $3000. The partnership with Allegany Franciscan Ministries presented an additional grant source of up to $7000 for each small business in this program. Tiffany Treston requested monthly rent for two months and reimbursement for startup expenses.  Ms. Treston's application included business plan, receipts startup equipment expenses and inventory. 
RECOMMENDATION:
Approve grant award for A&K Grocery LLC to cover small business startup expenses.
ALTERNATIVES:
Do not approve this grant award. 
RESPONSIBLE STAFF:
Caleta Scott, Manager, Grants Administration Division
COORDINATED WITH:
Lincoln Park Revitalization Coordinator

Fiscal Impact
Budgeted Y/N: Y
Fiscal Year: 2018
Account: 10390025548410
Amount: 2992.06
OTHER INFORMATION:
This expenditure will be reimbursed to the city via 2018-19 CDBG funds
Attachments
Grant Agreement
Application & Supporting Documents

<
Form Review
Inbox Reviewed By Date
Finance Department Johnna Morris 01/27/2020 10:23 AM
City Manager Nick Mimms 01/28/2020 08:50 AM
Form Started By: Caleta Scott Started On: 01/22/2020 10:33 AM
Final Approval Date: 01/28/2020

    

Level double AA conformance,
                W3C WAI Web Content Accessibility Guidelines 2.0

AgendaQuick ©2005 - 2020 Destiny Software Inc. All Rights Reserved.