 | RESOLUTION NO. 102 of 2025 DATED: April 22, 2025 |
RESOLUTION ACCEPTING GRANT RENEWAL FOR MONTGOMERY COUNTY MICROENTERPRISE PROGRAM – HOME AND COMMUNITY RENEWAL (ECONOMIC DEVELOPMENT & PLANNING)
| Seconded by: | Sweet |
WHEREAS, the New York State Office of Homes and Community Renewal (NYSHCR) accepted applications for projects that would further the goals and objectives of the Microenterprise Grant Program and Regional Economic Development Councils Strategic Plans; and
WHEREAS, Montgomery County submitted a renewal application for the Montgomery County Microenterprise Program; and
WHEREAS, the project requested additional funding in order to assist local businesses that target start-up and expand small businesses throughout the boundaries of Montgomery County; and
WHEREAS, that said grant funding was awarded in the amount of an additional $300,000 from the New York State Office of Homes and Community Renewal (NYSHCR) with a share of $30,000 in business owner equity;
RESOLVED, that the Montgomery County Department of Economic Development & Planning is hereby authorized to administer said renewal application on behalf of Montgomery County; and
FURTHER RESOLVED, upon review of the provided contract with New York State Office of Homes and Community Renewal (NYSHCR) by the County Attorney, the County Executive is hereby authorized to sign said contract, and
FURTHER RESOLVED, that the County Executive, following review and approval by the County Attorney, is hereby authorized and directed to sign and submit all required application and subsequent reporting materials for funding under the Office of Homes and Community Renewal’s Community Development Block Grant (CDBG) Microenterprise Program.
FURTHER RESOLVED, that the County Treasurer is hereby authorized and directed to amend the 2025 Operating Budget as follows:
|
INCREASE REVENUES: |
|
|
|
A-24-3-3789 |
Other Econ Assistance & Opp |
$300,000 |
|
|
|
|
|
INCREASE APPROPRIATIONS: |
|
|
|
A-24-4-6430-00-.4431 |
Professional Services |
$300,000 |
RESOLUTION VOTE, passed with Aye(8). Legislator Pawlik was absent. (4/22/2025)
Statement of Legislative and Financial Impact:
I. Nature of Request:
RESOLUTION ACCEPTING GRANT RENEWAL APPLICATION FOR MONTGOMERY COUNTY MICROENTERPRISE PROGRAM – HOME AND COMMUNITY RENEWAL
II. Justification:
Grant funding was awarded in the amount of $300,000 from the New York State Office of Homes and Community Renewal (NYSHCR) with a share of $30,000 in business owner equity.
III. Legislative Impact:
Pursuant to Article 2 of the Charter the Montgomery County Legislature has the authority to appropriate funds. Pursuant to Article 3 of the Charter the Montgomery County Executive has the authority to sign contracts.
IV. Financial Impact:
No County match, $30,000 will be paid in business owner equity.
| cc: | County Clerk County Treasurer |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||