File #: 716-2019    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 6/3/2019 In control: City Council
On agenda: 7/24/2019 Final action: 7/24/2019
Passage/adoption date: 7/24/2019
Effective date: 7/26/2019    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a grant agreement with Hebrew Free Loan Association, or its designee, to partially finance the creation of their Start-Up Working Capital Fund Pilot Program which will administer working capital financing loans to eligible small businesses located in/or will be located in the City of Cleveland in conjunction with the Neighborhood Retail Assistance Program and/or the Municipal Small business Initiative Program.
Sponsors: Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Indexes: ECONOMIC DEVELOPMENT DEPARTMENT, GRANT AGREEMENT , LOANS
Attachments: 1. 716-2019-EOrd-ed-Grant to Hebrew Free Loan for their Start-up Working Capital Fund Pilot Program, 2. 716-2019 Exec. Summary - Hebrew Free Loan Assoc. $75K, 3. Amend 716-2019, 4. 716-2019 - Desk Copy - Hebrew Free Loan-Working Capital Fund Pilot Program, 5. Ord. No. 716-2019 (Final)
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AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a grant agreement with Hebrew Free Loan Association, or its designee, to partially finance the creation of their Start-Up Working Capital Fund Pilot Program which will administer working capital financing loans to eligible small businesses located in/or will be located in the City of Cleveland in conjunction with the Neighborhood Retail Assistance Program and/or the Municipal Small business Initiative Program.