City Establishes Food Services Stabilization Fund


June 6, 2020

First up, while a last-minute addition to the agenda, was Resolution 45, 2020 – the creation of the Food Services Stabilization Fund under the City’s existing $1 million Economic Recovery Act, which was approved last month. This second ‘wave’ of grants, amounting to $450K is targeted specifically to mid-size restaurants with 3-75 employees, in business for at least 18 months, owned by residents, and operational as of June 1.  As before – the Palm Beach North Chamber of Commerce and the PGA Corridor, plus the City Manager and staff, were instrumental in defining the scope of the (up to) $15K grants.

June 4

The first wave of grants targeted smaller businesses; as of the meeting 54 applications were submitted, 21 were approved and approximately $404K has been paid out. There will not be a marketing campaign as was conducted for the first wave. Restaurants will be informed directly via the Chamber, PGA Corridor and the City of the new fund. Council Member Litt expressed concern about the accountability of the grant distribution if only the Chamber and PGA Corridor were spreading the word. City Manager Ferris assured the Council that all three organizations will use their lists and communications avenues to make sure restaurants are informed. Mayor Woods was concerned about the 18 month criteria and spoke on behalf of a specific restaurant that had been in business longer than a year but less than 18 months. Council Member Marciano expressed concern that there were other businesses not being covered by either program. Consensus in the discussion was that there would likely be a third ‘wave’ and a special City Council Mtg could be called to approve additional grants after the second wave grants had been issued, with other criteria. Here is a link to the Resolution  which passed 5:0

City Manager Report also included:

Ordinances and Resolutions:

Items for Council Action/Discussion and Items of Interest:

City Attorney Report:   The Palm Beach County Tax Collector is suing the City over her ongoing refusal to dedicate a 26′ right of way in the new tax collector’s office.  City Attorney Lohman will be issuing a response shortly.

There will be a second City Council Meeting on June 25, 2020 – but the topic was not discussed, nor is the agenda available yet.