City Council

5. Approving Funding of $75,000 to the Pomona Economic Opportunity Center (PEOC) in\naccordance with the Defined Disbursement Schedule\nIt is recommended that the City Council approve funding for the Pomona Economic\nOpportunity (the “PEOC”) for FY 2024-2025 in the amount of $75,000 to be disbursed in\nfour equal payments of $18,750 at the end of each quarter after receipt of the respective\nQuarterly Reports.