HomeMy WebLinkAboutEconomic Development Committee Special Meeting Minutes_04-22-2020
SUMMARY MINUTES OF THE
ECONOMIC DEVELOPMENT COMMITTEE
SPECIAL MEETING
Wednesday, April 22, 2020
A special remote meeting of the Economic Development Committee was held on April 22, 2020
via Zoom Video Communications. The meeting was called to order at 8:05 a.m. by Mayor David
Haubert.
1. Call to Order
PRESENT: Mayor David Haubert and Councilmember Melissa Hernandez
ABSENT: None
2. Public Comment
None.
3. Approval of the Minutes of the Special Meeting of January 31, 2020
ACTION: By consensus, the Committee approved the minutes of the Economic
Development Committee special meeting of January 31, 2020.
4. Review of Proposed Emergency Microloan Program
Economic Development Director Hazel Wetherford presented a proposal to create a Small
Business Emergency Microloan Program to support local small businesses impacted by
COVID-19. The objective of this program is to offer immediate financial assistance to small
businesses with up to 50 employees to aid in maintaining their business and workforce.
Funding for the Dublin Small Business Emergency Microloan Program will be funded by
the City of Dublin’s Small Business Assistance Grant Program (SBAG), therefore that
program would need to be temporarily suspended until future funds are replenished. Loan
applications would be accepted on a first-come, first-served basis. The Committee
discussed the terms for repayment of the loan, and the option to add a loan forgiveness
component, and if the anticipated money from East Bay Community Energy should be
utilized for this Program or not.
ACTION: By consensus, the Committee supported the proposal to create a Dublin Small
Business Emergency Microloan Program with a three-year term for repayment, the option
to forgive the loan, and to remove the $51,000 East Bay Community Energy funding to be
used for a separate purpose.
5. General Discussion on COVID-19 Impacts on Commercial Businesses
Economic Development Director Wetherford presented information on Alameda County’s
plans for a temporary moratorium on commercial evictions. City Manager Linda Smith
clarified that the County’s temporary moratorium will only be in effect in unincorporated
Alameda County areas, and not countywide. City Manager Smith also said the City is
beginning to focus on the recovery phase and coming out of the Shelter-in-Place.
6. Request for Future Agenda Items (Next Meeting – 6/16/20 at 5:15 pm)
The Committee’s next meeting is scheduled as a regular meeting on June 16, 2020 at
5:15 p.m.
7. Adjournment
The meeting adjourned at 8:54 a.m.
Minutes prepared by Suzanne Iarla, Management Analyst II.
___________________________________
Mayor
ATTEST: ________________________________
Economic Development Director