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08-24-2020-R
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08-24-2020-R
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Attachment A <br /> ,fi` DEN HILLS <br /> Small Business Emergency Assistance Grant Program Parameters <br /> Grant amount: <br /> 1. At the direction of the City Council the City of Arden Hills will make available <br /> $150,000.00 of Coronavirus Relief Funds for the Small Business Emergency Assistance <br /> Grant Program. <br /> 2. The maximum grant amount shall be $5,000.00 per eligible business. <br /> 3. Depending on available funding and demand for the program additional rounds of funding <br /> may become available at a future date. <br /> Eligibility Requirements: <br /> 1. Any Arden Hills business meeting the below criteria who can demonstrate loss due to <br /> COVID-19 excluding home-based businesses, self-employed, and individual contractors. <br /> 2. The business shall have a physical address (proof of address required)within the City. <br /> 3. Business shall be in operation long enough to demonstrate financial viability prior to the <br /> State of Minnesota Emergency Executive Order 20-04 (March 16, 2020). <br /> 4. The business shall employ between 3 and 45 persons prior to March 31, 2020. <br /> 5. All businesses shall be in good standing with the city. <br /> a. All businesses shall be a conforming or a legally nonconforming use under the <br /> current zoning regulations of the city. <br /> b. Businesses shall not be in violation of the city's zoning code. <br /> c. Businesses shall not have delinquent taxes, bills or charges due to the City from <br /> February 2020 or prior. <br /> 6. Applicants are strongly encouraged to claim all applicable private insurance and utilize all <br /> other sources of applicable assistance available from other private and public sources, <br /> including requests for rent/mortgage, utility and loan deferrals or forgiveness. Applicants <br /> are also strongly encouraged to apply for emergency loans through the Small Business <br /> Administration (SBA) and Minnesota Department of Employment and Economic <br /> Development(DEED)prior to applying for this grant. <br /> 7. Applications must include proof of application submittal, acceptance, approval and/or <br /> denial of state and federal emergency financing programs. <br /> Non-eligibility Requirements: <br /> 1 <br />
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