HomeMy WebLinkAboutReso 2020-093RESOLUTION NO. 2020-093
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE 90-DAY COVID-19
ECONOMIC RECOVERY PLAN AND APPROPRIATING
$200,000 FROM THE THIRD AVENUE SMALL BUSINESS
LOAN PROGRAM FOR THE IMPLEMENTATION OF THE
ECONOMIC RECOVERY PLAN
WHEREAS, 98 percent of Chula Vista businesses are designated as small businesses
with 10 or fewer employees; and
WHEREAS, Chula Vista businesses, especially small businesses, are experiencing
unprecedented financial challenges and other related business difficulties due to the COVID -19
pandemic which has created a reduction in local taxes requiring City intervention; and
WHEREAS, in order to protect and preserve the local economy and business community,
the Economic Development Department has created an Economic Recovery Plan that is necessary
to guide the City during and after the COVID-19 pandemic; and
WHEREAS, City staff has prepared an Economic Recovery Plan for the 90-day period
commencing May 5, 2020, that will provide businesses with the following resources: financial
assistance, technical assistance, marketing and promotion, and business friendly City policies; and
WHEREAS, the implementation of the Economic Recovery Plan will directly assist
businesses currently operating and will also be beneficial to businesses seeking to reopen after the
COVID-19 pandemic; and
WHEREAS, the implementation of said Economic Recovery Plan requires funding, and
expressly requires the appropriation of $200,000 from the Third Avenue Small Business Loan
Program.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Chula Vista
as follows:
1. That it approves the 90-Day COVID-19 Economic Recovery Plan for the period
commencing May 5, 2020 in substantially the form presented, with such minor
modifications as may be approved by the City Manager; and
2. That it authorizes the appropriation of $200,000 from the Third Avenue Small Business
Loan Program for the implementation of the Economic Recovery Plan.
DocuSign Envelope ID: 6D11013B-68B6-4634-AA0F-CFE8AC8BED8B
Resolution No. 2020-093
Page No. 2
Presented by Approved as to form by
Eric C. Crockett Glen R. Googins
Deputy City Manager/Director of Economic City Attorney
Development
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 5th day of May 2020 by the following vote:
AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Mary Casillas Salas, Mayor
ATTEST:
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2020-093 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 5th day of May 2020.
Executed this 5th day of May 2020.
Kerry K. Bigelow, MMC, City Clerk
DocuSign Envelope ID: 6D11013B-68B6-4634-AA0F-CFE8AC8BED8B