Agenda - 06-16-20; 8-a - Minutes

Browse Search

24 Gary Donaldson did so. 1 Commissioner Dorosin said some people turned down awards, and asked if these funds 2 would be distributed amongst other recipients, or be used at another time. 3 Gary Donaldson said the recommendation is to roll those funds into a phase two. He 4 said these awards were distributed with care given to equity, and he expects there are many 5 more businesses that will need future help. 6 Commissioner Dorosin said the list shows some business that received less than the full 7 amount, or possibly nothing. 8 Gary Donaldson said there were some businesses that did not want a loan, and those 9 that are listed at zero did not want a loan. 10 Commissioner Dorosin asked if some received less, it was because they wanted less. 11 Gary Donaldson said yes. 12 Commissioner Dorosin said it seems like people could have received more if there is 13 excess funding, and the goal is to get the money out as quickly as possible. 14 Gary Donaldson said many disbursements were made electronically. 15 Bonnie Hammersley referred to the CARES ACT money, and said the County submitted 16 its application last week and will receive the CARES ACT money before the plan is submitted. 17 She said this money is moving, and will not take months. She said the $36,000 can be rolled 18 up in it, and hopefully reach more people than this time. She said the CARES ACT money 19 must be given out as grants, not loans. 20 Chair Rich clarified that the recommendation is for the BOCC to receive the report this 21 evening, and asked if staff is recommending using some of the CARES ACT money for the next 22 round. 23 Bonnie Hammersley said no, and in the plan there will be monies for small business 24 grants. She said the plan is forthcoming, likely next week. 25 Commissioner Price said there were only 27 applicants that made it through the 26 approval process, as opposed to there not be enough funds to give to more applicants. 27 Gary Donaldson said that is correct. 28 Commissioner Bedford said 244 people completed applications, but only 27 qualified 29 awards, so there are 217 applicants who are not happy. She said she agreed with Gary 30 Donaldson that the criteria should be lucent. She agreed with the Manager about assessing the 31 needs with the Department heads, and said the best way to stimulate the economy is to get 32 money into the hands of people to be spent; specifically poor people. She asked if there is a 33 way to have a net worth eligibility requirement. She said she feels conflicted on parts of this 34 topic. 35 Commissioner Dorosin said he feels the County should have given all of the monies out, 36 as this was an emergency proposal. He said he favored reducing the criteria, and looks 37 forward to moving quickly on the next round. 38 Commissioner Bedford said she has clients who have received PPP funds from the 39 federal government, and she thinks those people should be screened out, and then give priority 40 to those who did not receive those funds. 41 Gary Donaldson said this could be done. 42 Commissioner Price said there are small businesses that are family owned, and do not 43 have relationship with financial institutions, and could not have taken advantage of the PPP 44 funds. She said she would like to reach out to these businesses specifically. 45 46 8. Consent Agenda 47 48 • Removal of Any Items from Consent Agenda 49 Chair Rich – Item 8e 50