Finance Item/Grant Request Template
Date Submitted: 3-19-20
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
Name: Rachel Bardin
Email: Rachel.Bardin@denvergov.org
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A bill for an ordinance establishing a new fund in the Economic Opportunity Special Revenue Fund Series for the "Coronavirus Emergency Business Support" program, making a rescission from General Fund Contingency, making an appropriation in the General Fund, and making cash transfers to the new Special Revenue Fund.
Establishes the Coronavirus Emergency Business Support Special Revenue Fund in the Economic Opportunity Fund Series, authorizes a cash transfer of $1,500,000 from the Business Incentives Fund to the new Special Revenue Fund, and rescinds $2,000,000 from General Fund Contingency to make a cash transfer to the new Special Revenue Fund. Councilmember Black approved direct filing this item on 3-19-20.
body
Affected Council District(s) or citywide? Citywide
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
The fund will support local businesses with grants or loans as they weather the economic impacts of the coronavirus. The Denver Economic Development and Opportunity will administer the new program, which establishes specific criteria for businesses seeki...
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