LODI CITY COUNCIL
SHIRTSLEEVE SESSION
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, JANUARY 24, 2023
A.
Call to Order / Roll Call
An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, January 24, 2023, commencing at 7:02 a.m.
Present: Council Member Bregman, Council Member Khan, Council Member Nakanishi, Mayor Pro Tempore Craig, and Mayor Hothi
Absent: None
Also Present: City Manager Schwabauer, City Attorney Magdich, and City Clerk Nashed B.
Topics
B-1
Receive Information about Proposed Hometown Microloan Program for Lodi Startups and Micro Businesses and Provide Direction (CM) Business Development Manager Astrida Trupovnieks provided a presentation regarding the proposed Hometown Microloan Program. Specific topics of discussion included goals of the program, policies and procedures of the program, eligible borrowers, loan requirements, eligible actives, loan process, and collaboration with San Joaquin Small Business Development Center.
Council discussion ensued with Ms. Trupovnieks and City Manager Schwabauer regarding City of Lodi definitions of common words that relate to program, possible State or federal funding, business plans, fees, budgeted City funds for the program, the proposed loan board, possible liabilities and risks of the program, funding sources, and the possibility of utilizing Community Development Block Grant funds.
San Joaquin Small Business Development Center Les Fong provided public comment on the item.
Lodi Chamber of Commerce Director and CEO J.P. Doucette provided public comment on the item.
C.
Comments by Public on Non-Agenda Items
None.
D.
Adjournment
No action was taken by the City Council. The meeting was adjourned at 8:03 a.m.
ATTEST:
Olivia Nashed
City Clerk