| Item Title: | County Administration - Cares Act Funding |
| Submitted By: | Andrea Adkins-Hutchins, Director, Economic Development Department (915) 546-2177 |
| Subject: | Discuss and take appropriate action to establish programs in support of Economic Recovery due to COVID-19's impacts on our small businesses. Funding is available in SG-COVID19-OPERATING EXP. |
| Background: |
El Paso County was awarded approximately $28,000,000 in CARES Act funding. Approximately $1.9 million was set aside for economic recovery activities. On March 30, 2020, the Commissioner's Court voted to establish the El Paso County Small Business Emergency Relief Program. This presentation is to provide Commissioner's Court with some potential options for programs and partnerships which might aid in further economic recovery. |
| Fiscal Impact: | Funds in the amount of $950,000 are available in:
GCOVID2020-600000-605000-605103 7253-
COSG-0002020-431-50-11000-0001-00000-600000
SG-COVID19-OPERATING EXP |
| Recommendation: | Discuss and take appropriate action to establish programs in support of Economic Recovery due to COVID-19's impacts on our small businesses. Funding is available in SG-COVID19-OPERATING EXP. |
| Prior Action: | |
| Strategic Plan: | .. |
| Strategic Plan Information: | |