CouncilTrac · Matter

Agreement with National Development Council to administer COVID-19 emergency business assistance funds from Collin County

Approved Contracts & purchasing

What this is

The city received CARES Act funds from Collin County to help local businesses, and is hiring the National Council for Community Development, Inc. (d/b/a National Development Council) as a third-party administrator to manage the City of Richardson Collin County Emergency Business Assistance Program.

Why it matters

This program provides financial support to Richardson businesses in Collin County affected by the COVID-19 pandemic.

Council action

Approved Via consent agenda

Motion to approve the Consent Agenda as presented

7 yes · 0 no

The approved minutes report the tally without a name-by-name roll call.

Timeline

Appearances on agendas

  • Item 7A Approved

    City Council — August 17, 2020

    Authorize city manager to execute third-party administrator agreement

    Official agenda language

    AUTHORIZE THE CITY MANAGER TO EXECUTE THE CITY OF RICHARDSON COLLIN COUNTY EMERGENCY BUSINESS ASSISTANCE PROGRAM AGREEMENT WITH THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT, INC. D/B/A NATIONAL DEVELOPMENT COUNCIL TO ACT AS THE THIRD-PARTY ADMINISTRATOR OF UNITED STATES TREASURY DEPARTMENT UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT FUNDS RECEIVED BY THE CITY FROM COLLIN COUNTY, TEXAS FOR THE CITY OF RICHARDSON COLLIN COUNTY EMERGENCY BUSINESS ASSISTANCE PROGRAM FOR THE SUPPORT OF LOCAL BUSINESS DEVELOPMENT IN RICHARDSON, COLLIN COUNTY TEXAS, INCLUDING ANY AMENDMENTS OR INSTRUMENTS RELATED THERETO.

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