Meeting Time: August 25, 2020 at 9:00am PDT

Agenda Item

At the direction of the Board of Supervisors during the approval of the CARES Act spending plan, which was presented at the regularly scheduled August 11, 2020, Board of Supervisors meeting, $4.9 million was allocated to the Butte Business Stabilization Program. The purpose of the program is to provide assistance in the form of grants to small businesses of 10 or fewer employees that are directly impacted by COVID-19. The item before the Board is consideration of a contract with 3CORE, Inc. for the implementation of the small business grant program. As is detailed in the contract, 4%, or $188,461 of the funds will be allocated to grant administration and processing, and the remaining $4,711,539 will go directly to small business grants. This program will serve approximately 250 businesses. The term of the contract is August 25, 2020 through December 31, 2020, with a fixed price of $4.9 million. (County Administration)