20-218
Communication from the City Manager with a Request for the Following: A. APPROVE the New EDA CARES ACT REVOLVING LOAN FUND Plan; and B. ADOPT an ORDINANCE Amending the CITY OF PEORIA 2020-2021 BIENNIAL BUDGET Relating to a New Revolving Loan Fund Program through a Grant from the Economic Development Administration (EDA) Cares Act Recovery Assistance, in the Amount of $1,419,000.00, and the Corresponding Expenditures of $1,290,000.00 to Establish the Loan Fund and $129,000.00 for Administrative Costs.
- Committee
- City Council
- Requested by
- Economic Development
- Introduced
- August 10, 2020
- On agenda
- August 25, 2020
- Passed
- August 25, 2020
- Enacted
- August 25, 2020
- Enactment no.
- ORD 17,787
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