TO: Mayor and City Council
FROM: Dustin Anderson, Director of Community Development
SUBJECT:
title
Award a Business Continuity Grant for the Total Amount of $33,033.88 to Chicago Street Pub
end
BACKGROUND:
On December 17, 2024, the City Council approved Resolution 8095. This Resolution created the Chicago Street Business Continuity Grant program. This program provides financial assistance to businesses impacted by the construction projects that began in May 2024. The applicants are eligible for assistance of up to 50% of their lost tax-generating sales, with a cap of $100,000 per year.
The program’s guidelines provide the following:
• Provides the City Manager authority to approve up to $25,000; and,
• Provides the City Manager the authority to fund the first $25,000 of any grant greater than $25,000; and,
• Any grant amount over $25,000 must be approved by the City Council.
Upon submission of the required documentation that covered the full extent of FY 2024, Chicago Street Pub is eligible for a total of $33,033.88.
At the June 30, 2025, Land Use & Economic Development Committee meeting this item was recommended for approval by the City Council.
CONCLUSION:
recommendation
If approved, funds will be charged to the Rebates - Sales Tax Fund (ORG: 02001000 OBJ: 548300).
end
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council award a Business Continuity Grant for the Total Amount of $33,033.88 to the Chicago Street Pub.
end
end