Resolution 2020-29RESOLUTION NO. 2020-29(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE,
TEXAS, AMENDING RESOLUTION NO. 2020-25(R), MODIFYING
CERTAIN STANDARDS APPLICABLE TO THE SMALL BUSINESS
ASSISTANCE PROGRAM TO PROVIDE IMMEDIATE, SHORT-TERM
FINANCIAL AID TO QUALIFIED SMALL BUSINESSES IN THE CITY
OF WYLIE; PROVIDING UPDATED PROGRAM AND APPLICATION
ELIGIBILITY CRITERIA AND OTHER REQUIREMENTS; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on April 28, 2020, the City Council of the City of Wylie, Texas adopted
Resolution No. 2020-25(R), establishing a Small Business Assistance Program to provide limited
financial assistance to small businesses located within the city limits that have suffered economic
losses because of the COVID-19 pandemic in accordance with Chapter 380 of the Texas Local
Government Code; and
WHEREAS, the City Council finds that it is necessary to amend certain elements of the
program, as set forth below.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WYLIE, TEXAS:
SECTION 1. The City Council hereby amends Section 4 of Resolution No. 2020-25(R)
as followsl:
SECTION 4. That the City shall appropriate the sum of $750,000 from
CARES Act funding that is not limited by type of business.301.000 in the General
businesses and $200,000 for other b
SECTION 2. The City Council hereby amends Exhibit "A" to Resolution No. 2020-25(R)
as follows:
"EXHIBIT A
ELIGIBILITY CRITERIA:
Each qualified small business:
I Deletions are evidenced by strilogh and additions are underlined.
Resolution No. 2020-29(R) — Amending Resolution No. 2020-25(R) Establishing a Small Business Assistance
Program
1. The primary location of the business must be within the City of Wylie city
limits.
2. Must have been in continuous operation for a period of at least six months
prior to the application date.
3. Must be in good standing with the City of Wylie with respect to taxes, fees,
utility payments and other financial obligations to the City.
4. Must have a current or anticipated revenue decline beginning March 1, 2020
resulting from COVID-19 impacts.
5. Must be a local, independent business responsible for all revenues and
expenses.
6. Must have sustained a financial loss as a result of the COVID-19 pandemic.
&-7.Must show that losses exceeded any money aiready received under the federal
paycheck protection program, economic injury disaster loan program or other
federal funding program assisting with COV1D-1 9 relief:
EXCLUSIONS:
1. Non-profit organizations are specifically excluded from and ineligible to
receive grants under the program.
otect,o
3-;2.An eligible franchise must be responsible on a local level for all revenue and
expenses of the business.
4;3.A business is ineligible if it has 51 or more employees.
DESCRIPTION OF GRANT:
Each qualified applicant is eligible for a grant of up to $1,500 for a sole
proprietorship, up to $5,000 for businesses with 26-50 employees, and up to $5,000
for businesses with up to 25 employees. Applicants must show proof of a financial
loss as a result of the COVID-19 pandemic. A business may only apply for one
category.
Resolution No. 2020-29(R) — Amending Resolution No. 2020-25(R) Establishing a Small Business Assistance
Program
APPLICATION PROCESS:
Applicants may apply online at www.wylietexas.gov. Applications will be
reviewed and grant funding will be approved on a first -come, first -served
basis. Grants will be awarded until approved funding is exhausted or the grant
program is ended by the City Council, whichever occurs first. Applications will be
accepted during a 14-day open period beginning on May 6, 2020. The City Council
reserves the right to modify, amend or terminate the program and/or the program
requirements at any time. The City Manager is authorized to take any and all
actions he deems necessary to administer the program consistent with the program
requirements as approved by the City Council. Continued funding of this grant
program is not guaranteed.
REQUIRED DOCUMENTATION:
1. Completed application form. The eligible business must be the applicant, but
the application form must be signed by an authorized agent of the eligible
business.
2. Documents sufficient to evidence a business loss, or other evidence of gross
revenue decline beginning March 13, 2020. For example, a profit and loss
statement from the same period last year and a profit and loss statement for
this year is acceptable.
3. IRS Foirn 941.
4. If federal aid has been received, documents sufficient to evidence receipt of
federal aid related to the COVID-19 disaster.
5. Other information, documentation or clarification as required by City staff
administering the program.
6. An eligible business receiving a grant will be required to execute a Chapter
380 Economic Development Agreement with the City of Wylie.
PUBLIC DISCLOSURE OF APPLICATIONS AND SUPPORTING
DOCUMENTS:
By submitting an application under the program, the applicant consents to
submitting all required or supporting documentation and information to the City of
Wylie and to the public disclosure of such documentation and infoiiiiation by the
City of Wylie in response to any request submitted pursuant to the Texas Public
Information Act and/or other applicable law."
Resolution No. 2020-29(R) — Amending Resolution No. 2020-25(R) Establishing a Small Business Assistance
Program
SECTION 4. Should any section, subsection, sentence, clause or phrase of this Resolution
be declared unconstitutional and/or invalid by a court of competent jurisdiction, it is expressly
provided that any and all remaining portions of this Resolution shall remain in full force and effect.
The City Council hereby declares that it would have passed this Resolution, and each section,
subsection, clause and phrase thereof regardless of whether any one or more sections, subsections,
sentences, clauses or phrases may be declared unconstitutional and/or invalid.
SECTION 5. Resolution No. 2020-25(R) shall remain in full force and effect, save and
except as amended by this or any other resolution or ordinance. All provisions of any resolution
in conflict with this Resolution are hereby repealed to the extent they are in conflict. Any
remaining portions of said resolution shall remain in full force and effect.
SECTION 6. That this Resolution shall take effect immediately from and after its passage.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF WYLIE,
TEXAS, ON THIS THE 9TH DAY OF JUNE 2020.
Eric Hogue, Ma
ATTE T:
C---/Ii)k-
Stephanie Storm, City Secretary
Resolution No. 2020-29(R) — Amending Resolution No. 2020-25(R) Establishing a Small Business Assistance
Program