pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2020-05-12.pdf, 12
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OaklandRedevelopmentSuccessorAgencyAndCityCouncil | 2020-05-12 | Special Concurrent Meeting of the Meeting Minutes - FINAL May 12, 2020 Oakland Redevelopment Successor Agency/City Council 6 Subject: BRT Business Assistance Fund Addressing COVID-19 From: Councilmember Bas and Taylor and Vice Mayor Reid Recommendation: Adopt A Resolution Amending Resolution No. 85286 C.M.S. To Allow Businesses Along The Bus Rapid Transit (BRT) Route To Apply For Business Assistance Fund Grants Due To Impacts From The COVID-19 Crisis; And Amending Resolution No. 86321 C.M.S. To Modify Business Assistance Fund Program Guidelines To: A. Add "Working Capital" As An Eligible Use Of Funds; B. Amend The Equitable Distribution Model Guidelines To Take Into Account Financial Loss Due To The COVID-19 Crisis; And C. Allow The Reallocation Of Funds From One Sub- District To Another Should There Be A Lack Of Eligible Businesses 20-0349 Attachments: View Agenda Report View Legislation 88116 CMS Staff must prepare an equity analysis to address issues brought forward by Council member McElhaney A motion was made by Loren Taylor, seconded by Nikki Bas, that this matter be Adopted. The motion carried by the following vote: Aye: 8 - Kalb, Reid, McElhaney, Gallo, Thao, Taylor, Bas, and Kaplan NO VOTE: 0 City of Oakland Page 11 Printed on 7/2/2020 | 12 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2020-05-12.pdf |