Claremont

City Council

April 11, 2023 Item #5

Agenda Item 5

5. COMMUNITY DEVELOPMENT BLOCK GRANT BUDGET AMENDMENT FOR 2022-23 AND\nJOB CREATION & BUSINESS INCENTIVE PROGRAM FUNDING FOR LA POPULAR\n(FUNDING SOURCE: COMMUNITY DEVELOPMENT BLOCK GRANT FUND)\nRecommendation: Staff recommends that the City Council:\nA. Approve the funding request in the amount of $75,000 and authorize the\nCity Manager to enter into an agreement with Eureka Restaurant Group LLC;\nand\nB. Appropriate $75,000 from the Community Development Block Grant\n(CDBG) Fund and approve the allocation of $75,000 from City's 2022-23\nCDBG balance toward the Job Creation and Business Incentive Program.\nAttachment(s): CDBG Job Creation Business Incentive Grant Policy