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CITY OF CENTERVILLE <br />REQUEST FOR ACTION <br />Agenda Item # Department: RequestedMeetingDate: <br />May 15, 2024 <br />Administration/EDA <br />IX.2 <br />TITLE OF ISSUE: <br />Program Review - Revolving Loan and Grant <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />The Revolving Loan and Grant program guidelines were reviewed several months ago and eligibility <br />requirements were expanded to include nonprofit organizations. The funding for the program, however, has not <br />been reviewed in quite some time and it is something the EDA might consider reviewing before approving the <br />2025 EDA budget. <br />COST AND SOURCE(S) OF FUNDING: <br />TBD <br />REQUESTED ACTION: <br />Discussion. If no changes are made then a motion is not required. <br />If the EDA chooses to increase the funding then a motion to increase the funding to x amount is required. <br />For ClerkÓs Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: ____________________________________ <br /> Resolution Ordinance Contract Minutes Plan Map <br />Second By: ____________________________________ <br />Vote Record: AyeNay <br />____ <br />Revolving Loan & Grant Guidelines <br />Other (specify) ____________ <br />_____ <br />_______________________________________________________________ <br />_____ <br />_____ <br />_______________________________________________________________ <br />_____ <br />Refer to: _________________________________ <br /> Tabled Until: ______________________________ <br />Consent <br /> Other: ___________________________________ <br /> Regular <br /> <br />