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Receive a presentation from See Monterey, Monterey County Business Council (MCBC) and Monterey County Vintners and Growers Association on ARPA Economic Recovery Project updates.
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RECOMMENDATION:
It is recommended that the Economic Development Committee receive a presentation from See Monterey, Monterey County Business Council (MCBC) and Monterey County Vintners and Growers Association on ARPA Economic Recovery Project updates.
SUMMARY/DISCUSSION:
On June 2, 2021, the Board of Supervisors approved ARPA funding allocation for Economic Recovery support. The remaining allocated amounts subject to these agreements is estimated at $4.8 million of which $1,800,000 is allocated for Monterey County Hospitality and Tourism Recovery. In total the County has allocated $9.6 million in ARPA funds towards economic endeavors which are required to be utilized within the next three years or be subject to return.
These services are designed to assist with the economic recovery of Small Business and Tourism/Hospitality Industry, with a focus on business in the hospitality /tourism that were negatively affected by COVID-19. The Monterey County Vintners and Growers Association has created flexible programming which can expand with other ARPA allocated funds.
On January 25, 2022, the Board of Supervisors adopted a resolution to execute an agreement for ARPA Economic Recovery Countywide Business Retention Standard Agreement for Monterey County Business Council to perform all tasks necessary to develop and implement business retention programming in Monterey County, for the period of three (3) years, for the term January 25, 2022 through December 31, 2024, in the amount not to exceed $3,000,000.
On March 1, 2022, the Board of Supervisors authorized to execute an agreement for ARPA Economic Recovery Wine Signage Standard Agreement for Monterey County Winegrowers Council (Monterey County Vintners and Growers Association) to perform all tasks necessary to develop and imple...
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