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Agenda - 06-16-20; 6-c - Approval of Small Business Program Modifications
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Agenda - 06-16-20; 6-c - Approval of Small Business Program Modifications
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6/12/2020 8:53:25 AM
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6/12/2020 8:14:33 AM
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BOCC
Date
6/16/2020
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-c
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Agenda 06-16-20 Virtual Business Meeting
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Abstract Purpose <br />Establish the Small Business Fund on the County’s Financial System <br /> <br />Enhanced Policies and Procedures and Controls <br /> <br />Transfer of all remaining balance of $510,000 and accrued balances from <br />the SBL bank account to the County’s bank account <br /> <br />Make all outstanding 11 loans (current balance $286,508.17) zero <br />interest and all new loans zero interest <br /> <br />Eventual dissolution of the SBL nonprofit as unanimously voted by the <br />SBL Board <br /> <br /> <br />6
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