ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2019-06(AG)(b) An Ordinance Appropriating up to $8,500,000 to the Manager for Phases 2 and 3 of a COVID-19 Business Sustainability Grant Program; Funding Provided by the CARES Act Special Revenue Fund.

MANAGER'S REPORT:

The Economic Stabilization Task Force has been developing options for the Assembly to help the local economy recover from the harm caused by COVID-19. This would provide additional funding of $8.5M for Phases 2 and 3 of the Business Sustainability Program. This topic was discussed by the Assembly Committee of the Whole on June 1 and the Assembly Finance Committee on May 20, June 17, and July 8 and remains in Finance Committee at this time. 

RECOMMENDATION:

This ordinance is still pending in Assembly Finance Committee so no public hearing or action is in order during this meeting.