File #: 202101586    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 4/30/2021 In control: Cincinnati City Council
On agenda: 5/5/2021 Final action: 5/5/2021
ORD/RES# date: 5/5/2021 ORD/RES#: 0146-2021
Title: ORDINANCE (EMERGENCY), dated 04/29/2021, submitted by Mayor John Cranley, from Andrew W. Garth, City Solicitor, AUTHORIZING the establishment of American Rescue Plan grant project account no. 469x101xARP018, "minority Business Accelerator/Ascend," for the purpose of providing funds for Ascent*Cincy, a partnership among the City, the Urban League, the Greater Cincinnati African American Chamber of Commerce, and the Minority Business Accelerator, to provide staffing, accounting, human resources, financial coaching, and other assistance to Black-owned businesses; AUTHORIZING the appropriation of the sum of $2,500,000 from the unappropriated surplus of Local Fiscal Recovery Fund 469 to newly established American Rescue Plan grant project account no. 469x101xARP018, "Minority Business Accelerator/Ascent," for the purpose of providing funds for Ascend*Cincy, a partnership among the City, Urban League, the Greater Cincinnati African American Chamber of Commerce, and the Minority Business Acce...
Sponsors: Mayor John Cranley
Attachments: 1. Transmittal, 2. Emergency Ordinance, 3. 146-2021 T, 4. 146-2021

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ORDINANCE (EMERGENCY), dated 04/29/2021, submitted by Mayor John Cranley, from Andrew W. Garth, City Solicitor, AUTHORIZING the establishment of American Rescue Plan grant project account no. 469x101xARP018, “minority Business Accelerator/Ascend,” for the purpose of providing funds for Ascent*Cincy, a partnership among the City, the Urban League, the Greater Cincinnati African American Chamber of Commerce, and the Minority Business Accelerator, to provide staffing, accounting, human resources, financial coaching, and other assistance to Black-owned businesses; AUTHORIZING the appropriation of the sum of $2,500,000 from the unappropriated surplus of Local Fiscal Recovery Fund 469 to newly established American Rescue Plan grant project account no. 469x101xARP018, “Minority Business Accelerator/Ascent,” for the purpose of providing funds for Ascend*Cincy, a partnership among the City, Urban League, the Greater Cincinnati African American Chamber of Commerce, and the Minority Business Accelerator, to provide staffing, accounting, human resources, financial coaching and other assistance to Black-owned businesses; and DECLARING expenditures from American Rescue Plan grant project account no. 469x101xARP018, “Minority Business Accelerator/Ascend,” to be for a public purpose.

recommendation

PASS EMERGENCY