12-14-20 Regular Meeting of the La Porte City Council

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on November 13, 2020, which then closed on November 20, 2020. In totalfor Round Two, ten (10) new applications were submitted and three (3) previously submitted applications were updated and resubmitted. The La Porte Development Corporation Board subcommittee met again on December 7, 2020 to review the applications for Round Two, and granted awards totaling $42,100.00 to five (5) eligible applicants. In summary for the Small Business Relief Fund, 21 of 35 applicants received awards totaling $175,700.00. Of the $300,000 allocation approved by City Council, there is a remaining balance of $124,300.00. The La Porte Cares Emergency Household Assistance Program application period opened on November 6, 2020 and closed on November 13, 2020. A total of 220 applications were submitted for the program. Staff conducted a thorough review of each application to determine eligibility. The La Porte Rotary Subcommittee received the first list of applicants to review on November 20, 2020. As staff completed additional reviews, the Subcommittee was provided with more lists of applicants to review. All personal information was redacted before the Subcommittee received the lists to ensure applicant confidentiality and an unbiased decision process. The Subcommittee reviewed the information provided, and determined the award recipients and amounts. Of the 220 applications received, 170 applicants received awards totaling $294,935.00. Of the $300,000 allocation approved by City Council, there is a remaining balance of $5,065.00. Throughout this process, staff determined there was a much stronger demand for the residential assistance program than with the small business program. Between the two programs, there is a total of $129,365.00 that was not awarded. Staff would like to utilize these remaining funds to open a Round Two of the Emergency Household Assistance Program. This would allow the City to provide much needed financial assistance to even more residents of La Porte. Staff Recommendation: Staff recommends reallocating the remaining $124,300.00 from the Small Business Relief Fund to allow for a Round Two of the La Porte Cares Emergency Household Assistance Program. ACTION REQUIRED BY CITY COUNCIL Approve reallocation of remaining CRF funds from the Small Business Relief Fund to the Emergency Household Assistance Program. Approved for the City Council meeting agenda Corby D. Alexander, City Manager Date