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RES 20-55CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2020-55 ADOPTING THE EMERGENCY GRANT PROGRAM POLICY WHEREAS, the World Health Organization declared COVID-19 a pandemic on March 11, 2020; and WHEREAS, the President declared the COVID-19 pandemic a national emergency on March 13, 2020; and WHEREAS, the State of Minnesota declared a peacetime emergency in response to the COVID-19 pandemic on March 13, 2020; and WHEREAS, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020;and WHEREAS, the City of Otsego received an allocation of funding from the CARES Act; and WHEREAS, an eligible expense associated with the CARES Act is the provision of economic support in connection with the COVID-19 pandemic including grants to small businesses; and WHEREAS, small businesses are integral and vital to the economic and social fabric of the City; and WHEREAS, this policy has been prepared to document the emergency grant program of the City; and WHEREAS, the City Council has met to discuss and review the policy; and WHEREAS, the City Council has determined that the policy shall be in force and effect upon the date of adoption of this resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA: 1. That the Emergency Grant Program Policy as attached hereto is hereby adopted effective immediately. ADOPTED by the Otsego City Council this 24th day of August, 2020. MOTION BY: Darkenwald SECONDED BY: Tanner INFAVOR:Stockamp, Tanner, Darkenwald, War.ehime, Goede OPPOSED: None 2 CITY OF OTSEGO Jessica L. Stockarrill, Mayor ATTEST: Tami M. Loff, City Clerk