ACTION REQUESTED:
Title
A Request to RECEIVE and FILE a PRESENTATION from the Department of Economic Development, Greater Peoria Economic Development Corporation (GPDEC) and City Manager on the FEDERAL, STATE and CITY BUSINESS SUPPORT Emerging in Response to COVID-19.
Body
BACKGROUND: As a result of COVID-19 management, many non-essential and essential businesses have experienced business slow down and even stoppage. There are a variety of financial support opportunities that are emerging with both Federal and state response. This presentation will review the current state of these programs, how to access them and who can help.
FINANCIAL IMPACT: This presentation will help support the sustainment and growth of businesses in Peoria.
NEIGHBORHOOD CONCERNS: n/a
IMPACT IF APPROVED: n/a
IMPACT IF DENIED: n/a
ALTERNATIVES: n/a
EEO CERTIFICATION NUMBER: n/a
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Grow Peoria
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Grow employers and jobs.
DEPARTMENT: City Manager's Office