RESOLUTION NO. 23-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERCULES APPROVING THE ESTABLISHMENT OF A PILOT BUSINESS ATTRACTION GRANT PROGRAM AND APPROVING THE BUSINESS ATTRACTION PROGRAM GUIDELINES.
WHEREAS, the City of Hercules values its locally owned small businesses, including restaurants, and seeks to attract additional small businesses; and WHEREAS, the City of Hercules seeks to encourage restaurants, wine bars, micro-breweries and micro-distilleries to locate in vacant retail spaces in Hercules to bring increased vibrancy and provide public gathering places; and WHEREAS, businesses offering food and beverage service also have significant costs for furnishings, fixtures and equipment, such as commercial appliances, point of sale systems, furniture and tableware; and WHEREAS, by assisting with these costs, the City could lower the bar for entry of desired types of new businesses, which could lead to higher sales tax revenues; and WHEREAS, the Council’s Economic Development Committee received a report on the proposed Business Attraction program and guidelines on April 4, 2023 and recommended it be brought to the full Council for consideration.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Hercules as follows:
The City Council hereby approves the establishment of a pilot Business Attraction Matching Grant Program.
The City Council hereby approves the program guidelines for the pilot Business Attraction Matching Grant Program.
The foregoing Resolution was duly and regularly adopted at a regular meeting of the City Council of the City of Hercules held on the 13th day of June 2023 by the following vote of the Council:
AYES:
NOES:
ABSTAIN:
ABSENT:
____________________________
Alexander Walker-Griffin, Mayor
ATTEST:
Eibleis Melendez, Acting City Clerk
1