AGENDA CAPTION:
Title
Consider approval of Resolution 2023-103R, approving an authorization of Change in Service to the contract with the Greater San Marcos Partnership to add services relating to startup and entrepreneurial business assistance through the Riparius Foundation in the amount of $250,000.00; bringing the total contract amount to $1,450,000.00; authorizing the City Manager, or her designee to execute the appropriate documents to implement the authorization of Change in Services; and declaring an effective date.
Body
Meeting date: June 6, 2023
Department: City Manager's Office
Amount & Source of Funding
Funds Required: $250,000
Account Number: 10001280-54249
Funds Available: $250,000
Account Name: Outside Agency Funding
Fiscal Note:
Prior Council Action: City Council provided direction at the budget workshop on August 18, 2022 to include funding for a small business development program in the Fiscal Year 2022-2023 budget. These funds were approved with the approval of the budget in September 2022.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Economic Vitality
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
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? Core Services
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Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
During the development of the Fiscal Year 2022-2023 budget, City Council received a request from Splash Coworking for $250,000 over an 18-month period to create a small business development program. Staff received direction to include the funds for this request in the budget, and th...
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