Long Beach

City Council

8. 24-55506 Recommendation to authorize City Manager, or designee, to execute all documents necessary to amend Contract No. 35694 with Grow America Fund, Inc., of Cleveland, OH, a nonprofit organization, for the purpose of continuing various business loan programs administered by Grow America Fund, Inc., and to promote the City’s business assistance loan programs, to increase the contract amount by $187,727, for a revised contract amount not to exceed $262,727, and extend the term of the contract for three years, with the option to renew for two additional one- year periods, at the discretion of the City Manager. (Citywide) Office or Department: Economic Development Suggested Action: Approve recommendation.