Fiscal Note
The proposed resolution authorizes the execution of a grant agreement with the Urban Community Arts Network, Ltd. In the amount of $15,000 $30,000 for the MadLit program on the 100 block of State St. The grant will be funded through the Small Business Equity and Recovery capital program (program #13072). No additional City appropriation required.
Title
SUBSTITUTE - Providing Urban Community Arts Network, Ltd. (UCAN) a $15,000 $30,000 grant for a “MadLit” program on the 100 Block of State Street using Small Business Equity and Recovery Program (SBER) funds and authorizing the Mayor and City Clerk to sign an agreement with UCAN for that purpose. (District 4)
Body
WHEREAS, the Common Council approved the Small Business Equity & Recovery Program (SBER) on September 1, 2020 (RES-20-00613, Legistar #61605); and,
WHEREAS, the SBER resolution authorized sub-programs including one to “help underwrite pop-up retail opportunities in collaboration with neighborhood business organizations; and,
WHEREAS, MadLit explicitly recognizes both traditional retailers and musicians as entrepreneurs who can benefit economically from participating in these temporary commercial and performance activations; and,
WHEREAS, Urban Community Arts Network, Ltd. has proposed the “MadLit” program, which would utilize the 100 Block of State Street during six (6) evenings this year for music and pop-up retail, consistent with applicable permit requirements for utilizing the space, sound amplification and street vending; and,
WHEREAS, the “MadLit” program will support small businesses, musicians and entrepreneurs; and,
WHEREAS, Urban Community Arts Network, Ltd. requires sponsorship of the “MadLit” program to proceed; and,
WHEREAS, the “MadLit” program falls into one of the sub-programs approved in the SBER resolution, the Economic Development Division recommends funding the “MadLit” program in the amount of $15,000 $30,000, and the SBER resolution requires EDD staff to bring th...
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