City Council

12. 26-55465\nRecommendation to authorize City Manager, or designee, to execute an\nagreement, and any necessary documents, including any subsequent\namendments, with Grow America Fund, Inc. of New York, NY, a non-profit\norganization, for the purpose of adding additional funding in the amount of\n$405,500, in proceeds from sales of former-Redevelopment Agency properties into\nthe Grow America Fund, Inc., enabling the City to continue to make SBA 7(a) loans\nto eligible businesses. (Citywide)\nLevine Act: Yes\nOffice or Department:\nEconomic Development and Opportunity\nSuggested Action:\nApprove recommendation.