pages: OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2020-06-16.pdf, 11
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OaklandRedevelopmentSuccessorAgencyandtheCityCouncil | 2020-06-16 | * Concurrent Meeting of the Meeting Minutes - FINAL June 16, 2020 Oakland Redevelopment Successor Agency and the City Council 2.14 Subject: Go-Biz Grant For Cannabis Equity Program From: Office Of The City Administrator Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing The City Administrator Or Designee To: (1) Apply For And Accept Six Million Five Hundred Seventy-Six Thousand Seven Hundred And Five Dollars And Seventy-Six Cents ($6,576,705.76) In State Of California, Office Of The Governor "Go-Biz" Equity Act Grant Funds; (2) Appropriate The Go-Biz Grant Funds By: (A) Providing Loans And Grants To Cannabis Equity Applicants And Licensees For Businesses' Start-Up And Ongoing Costs; And (B) Supporting Workforce Development Programs; (3) Award Grants In An Amount Not To Exceed Seventy-Five Thousand Dollars ($75,000) Per Grant For Cannabis Equity Applicants And Licensees, To Be Determined And Without Return To Council; And (4) Provide Loans In An Amount Not To Exceed Five-Hundred Thousand Dollars ($500,000) Per Loan For Cannabis Equity Applicants And Licensees, To Be Determined And Without Return To Council; And 20-0422 Attachments: View Report View Report - Attachment A Grant Agreement View Report - Attachment B Equity Applicant Survey View Report - Attachment C equity loan demographics View Report - Attachment D-1 Elevate Impact Budget View Report - Attachment D-2 Elevate Narrative View Report - Attachment E-1 MGG Budget View Report - Attachment E-2 MGG Narrative View Report - Attachment F-1 Knox Budget View Report - Attachment F-2 Knox and Ross Narrative View Legislation View Supplemental Report - 6/15/2020 88162 CMS This City Resolution was Adopted. City of Oakland Page 11 Printed on 7/30/2020 | 11 | OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2020-06-16.pdf |