HomeMy WebLinkAbout21-004CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO. 21-04
RESOLUTION APPROVING AN AMENDMENT TO THE THIRD ROUND OF
SMALL BUSINESS EMERGENCY GRANTS
WHEREAS, on December 21, 2020 the City Council approved a Third Round of Small Business
Emergency Grants for businesses ordered closed by Executive Orders 20-99 and 20-103; and
WHEREAS, the approved grant guidelines determined that non-profit organizations are not eligible for
the grant program; and
WHEREAS, non-profit organizations that operate commercial entertainment type businesses that also
have a license for on -sale liquor were ordered closed; and
WHEREAS, the closure of these types of non-profit entertainment uses has caused significant financial
hardship to the organizations that operate them.
NOW, THEREFORE, BE IT RESOLVED that the Lakeville City Council hereby approves an
amendment to the Program guidelines and authorizes that non-profit organizations that operate
entertainment uses with an on -sale liquor license that were ordered closed by Executive Orders 20-99 and
20-103 are eligible to receive a grant under the Third Round of Small Business Emergency Grants.
ADOPTED by the Lakeville City Council this 4' day of January 2021
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Charlene Friedges, City Cler1
Douglas P. Anderson, Mayor
City of Lakeville
City of Lakeville Small Business Emergency Grant Program Guidelines
Third Round
December 2020
The purpose of the City of Lakeville Small Business Emergency Grant Program — Third Round
is to provide emergency assistance to small local businesses in Lakeville, pursuant to The
City's Local Emergency Declaration under Minnesota Statute Chapter 12.
Eligible for-profit business applicants will have been adversely impacted by the COVID-19
pandemic. The Third Round will provide grants of $5,000 to small businesses that experienced
economic injury related to Minnesota Executive Order 20-99.
Funds will help businesses pay for critical expenses such as payroll, rent, mortgage payments,
utility bills, and other operational expenses. Providing this support will increase the capacity
of small businesses with a physical location in Lakeville to survive the current crisis and will
help prevent potential future blight scenarios.
The Grant Program's third round will be administered by the City of Lakeville Community and
Economic Development Department. Grant funds will be distributed until the program
allocation is exhausted, up to $400,000. The City Administrator is authorized to approve grant
payments directly to businesses that comply with all Third Round Grant Program Guidelines.
Terms
• $5,000 grant based on economic injury from Minnesota Executive Order 20-99.
• Funds can be used for operating expenses, including rent payments, mortgage
payments, payroll, utilities, payments to suppliers, or other critical business expenses
(including expenses related to reopening and personal protective equipment).
Eligible Businesses
Businesses must meet all of the following criteria to be eligible:
• Permanent, physical location within Lakeville city boundaries
• Business closed to the public from November 20 through December 18, 2020 in
response to Minnesota Executive Order 20-99, including those businesses closed but
providing solely take-out
• Be a private for-profit business
• Be in good standing with the City of Lakeville, Dakota County and the State of
Minnesota May not be an ineligible business as provided below
20195 Holyoke Avenue, Lakeville, MN 55044
952-985-4400.952-985-4499 fax
www.lakevillemn.gov
City of Lakeville
Positioned to Thrive
Certain businesses are ineligible, including:
• Businesses that do not have a physical address in Lakeville city boundaries
• Restaurants with drive-thru windows
• Restaurant that did not have dine -in seating for eight or more prior to March 1, 2020
• Non-profit organizations (Except non-profit organizations with a City issued on -sale
liquor license)
• Businesses engaging in activities prohibited by federal, state or law or regulations
• Businesses engaging in gambling enterprises, unless the business earns less than 50%
of its annual net revenue from lottery sales
NOTE: Third Round applicants will not be disqualified if the business previously received
funds from the City of Lakeville Small Business Emergency Grant Programs, Dakota County
Business Relief Programs, State of Minnesota Business Relief Programs or federal relief funds
(Paycheck Protection Program, Economic Injury Disaster Loan).
Application Process
• Application Forms will be accepted beginning December 22 through December 31,
2020.
• Application forms can be completed and submitted on lakevillemn.gov.
• The City will notify applicants by email within 10 business days of the submittal of a
complete application.
• Upon notice of an approved application, applicants will be required to submit the
following within 10 business days:
o A W-9 and Direct Deposit Form
o Any additional information deemed necessary by the Community & Economic
Development Department to determine eligibility, generate loan documents,
disburse loan proceeds, or meet program reporting requirements.
o Failure to submit required documentation will result in forfeiture of a grant award.
Any forfeited grant money will be awarded to the next business application on the
list.
Note: The Lakeville City Council reserves the right to revise these guidelines as needed to best
address the impact of the current pandemic.
20195 Holyoke Avenue, Lakeville, MN 55044
952-985-4400.952-985-4499 fax
www.lakevillemn.gov