City Council

12. 26-55465 Recommendation to authorize City Manager, or designee, to execute an agreement, and any necessary documents, including any subsequent amendments, with Grow America Fund, Inc. of New York, NY, a non-profit organization, for the purpose of adding additional funding in the amount of $405,500, in proceeds from sales of former-Redevelopment Agency properties into the Grow America Fund, Inc., enabling the City to continue to make SBA 7(a) loans to eligible businesses. (Citywide) Levine Act: Yes Office or Department: Economic Development and Opportunity Suggested Action: Approve recommendation.