City Council

7. 23-0745 Recommendation to approve the defederalization of Revolving Loan Funds (RLF) from Economic Development Administration (EDA) grant award number 07-49-05046; and Authorize City Manager, or designee, to enter into an agreement with EDA to affect such defederalization and restrict future use of existing RLF funds. (Citywide) Office or Department: ECONOMIC DEVELOPMENT Suggested Action: Approve recommendation.