A $1.1 million economic recovery plan for small businesses will be considered at Wednesday’s meeting of the Westminster City Council.
The council, to meet telephonically because of the coronavirus pandemic, will look at a proposal to take money previously set aside in economic development funding for a mini-grant and lending program, targeting facades and other minor improvements along Westminster Boulevard between Bolsa Chica Avenue and Edwards Street.
The maximum loan amount would be $20,000 per business and the loans would have to be repaid for a term of up to five years. The first payment would not be due until after the first 12 months and the interest rate would be 2 percent.
These loans would be available to for-profit and non-profit Westminster businesses with 25 or fewer employees.
Also on the agenda will be the extension of an exclusive negotiating agreement with Sheldon Development LLC for development of the Civic Center. Approval would give the developer another 90 days to reach an agreement with the city.
The council on April 22 approved the agreement in a closed session, but a citizen raised objections under the Brown Act, which governs which actions can be made in public session and which in closed session.
“To address concerns raised by the public … this item [was] placed on the agenda in open session so they may discuss and address their prior actions,” read a city staff report from Assistant City Attorney Christian Bettenhausen.
The meeting is scheduled to start at 7 p.m.
Stanton council to tackle economic issues
The Stanton City Council will meet three times on Tuesday with economic issues prominent on the agendas.
The 6 p.m. meeting will include agenda items on a review of the Orange County Sheriff’s Department contract and a proposal to create an economic recovery advisory committee.
Also on the agenda will be a discussion regarding the censuring of Mayor David Shawver, as requested by Councilmember Hong Alyce Van.
The meeting will be conducted telephonically.
Categories: Across the Area