Legislation Details

File #: 2024-0827    Version: 1
Type: Executive Status: Executive Approved
File created: 4/25/2024 In control: Executive
On agenda: Final action: 5/1/2024
Title: CLFR-042 Ventures - SBIA Amendment No. 1
Attachments: 1. CLFR-042 SBIA - Amendment No. 1, 2. CLFR-042 SBIA - FULLY EXECUTED AGREEMENT - SIGNED, 3. CLFR-042 SBIA - Amendment No. 1 EXEC SIGNED
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Executive/Council Action Form (ECAF) 2024-0827

 

 

ITEM TITLE:

Title

CLFR-042 Ventures - SBIA Amendment No. 1

body

DEPARTMENT:  Executive Office of Recovery & Resilience

 

ORIGINATOR:  Jessica Ruhle & Kara Main-Hester

 

EXECUTIVE RECOMMENDATION:  Approved

 

PURPOSE: Approve and sign this amendment to CLFR-042 for processes only. This amendment will make no change to the total funds of the original agreement.

 

BACKGROUND: January 1, 2024; the County entered into an agreement with Ventures in the not exceed amount of $2,000,000. The objective was to engage with community organization to reach out to disproportionately affected business owners in order to assist them in overcoming the fiscal effects of COVID-19.

 

FISCAL IMPLICATIONS:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  Click or tap here to enter text.

 

CONTRACT INFORMATION:

ORIGINAL

 

CONTRACT#

 

AMOUNT

 

AMENDMENT

X

CONTRACT#

CLFR-042

AMOUNT

$2,000,000

 

Contract Period

ORIGINAL

START

 

END

 

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS: