Laserfiche WebLink
CITY OF CENTERVILLE <br /> REQUEST FOR ACTION <br /> (t e rville <br /> Agenda Item# Department: Requested Meeting Date: <br /> EDA December 5, 2018 <br /> TITLE OF ISSUE: <br /> Business Incentive Revolving Loan and Grant Program - Budget <br /> BACKGROUND AND SUPPLEMENTAL INFORMATION: <br /> The city council just adopted the 2019 budget. It includes an operating budget of$20,000 for the EDA. The <br /> board should discuss what portion of this budget might be appropriate for dedication to the Business Incentive <br /> Revolving Loan and Grant Program, or if they feel that the council should seek other sources of funding for this <br /> program as it is not simply an annual operating expense, but also a revolving loan fund. <br /> COST AND SOURCE(S) OF FUNDING: <br /> TBD <br /> REQUESTED ACTION: <br /> Motion to recommend funding sources and amounts for the Business Incentive Revolving Loan and Grant <br /> Program. <br /> For Clerk's Use: <br /> SUPPORTED DOCUMENTS ATTACHED <br /> Motion By: <br /> Resolution Ordinance Contract Minutes Plan Map <br /> Second By: <br /> Vote Record: Ave Nay <br /> Hanzal <br /> Spanier Other(specify) <br /> Weatherhead <br /> Paar <br /> King <br /> 0 Refer to: <br /> Consent Tabled Until: <br /> Regular Other: <br /> 38 <br />