Huntington Park

City Council

May 02, 2023 Item #6

Agenda Item 6

6. CONSIDERATION AND APPROVAL TO AWARD A FORGIVABLE LOAN\nRELATED TO THE CONSTRUCTION OF HUB CITIES CAREER CENTER FOR\nBUSINESS ASSISTANCE PROGRAM SERVICES\nRECOMMENDED THAT CITY COUNCIL:\n1. Allocate $300,000 as a forgivable loan utilizing CDBG funding to HUB Cities to\nassist in construction of a Career Center; and\n2. Authorize the City Manager to prepare and execute loan and related documents\nup to $300,000.