HomeMy WebLinkAbout045-2020DocuSign Envelope ID: 5E3B13D4-8270-4C25-850E-BOBC4D1 C4908
RESOLUTION NO. 45-2020
AUTHORIZING THE TOWN MANAGER TO EXECUTE A COOPERATION AND
LOAN AGREEMENT WITH THE DANVILLE AREA CHAMBER OF COMMERCE
WHEREAS, the Town is actively involved in promoting and enhancing the business
community in Danville; and
WHEREAS, the Danville Area Chamber of Commerce which was created in 1948 and
represents over 600 members, has always worked cooperatively with the Town to
promote business opportunities and viability within Danville; and
WHEREAS, during the current economic crisis resulting from the COVID-19 pandemic,
the need for both the Town and the Chamber to work together to support the local
business community has never been more critical; and
WHEREAS, the health and vitality of the business community is critical to the Town
because of the sales tax revenues generated, the jobs created and the goods and services
made available for the Town's residents: and
WHEREAS, the Chamber's primary sources of revenue include membership dues and
renewals and community special events; and
WHEREAS, the cancellation of community events and lack of membership renewals due
to the COVID-19 pandemic has created a financial hardship for the Chamber, leaving the
Chamber short of funds to continue to provide services and to assist the Town in working
with and for individual businesses in Danville during this critical time; and
WHEREAS, the Town has determined that it is in the best interests of the Town to provide
financial assistance in order to allow the Chamber to continue to maintain staff and
provide services, as the scope of the current economic situation and need to communicate
with and assist businesses in Danville requires the continued joint effort of the Town and
Chamber. Now, therefore be it
RESOLVED, that the Danville Town Council hereby authorizes the Town Manager to
execute a Cooperation and Loan Agreement with the Danville Area Chamber of
Commerce; and, be it further
RESOLVED, that the Town Council hereby appropriates $80,000 in Contingency Funds
to fund the afore -mentioned loan.
APPROVED by the Danville Town Council at a regular meeting on June 16, 2020 by the
following vote:
DocuSign Envelope ID: 5E3B13D4-8270-4C25-850E-BOBC4D1 C4908
AYES: Arnerich, Blackwell, Morgan, Stepper, Storer
NOES: None
ABSTAINED: None
ABSENT: None
DocuSigned by:
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APPROVED AS TO FORM: ATTEST:
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DocuSigned by:
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DocuSijned by:
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CITY ATTORNEY CITY CLERK
PAGE 2 OF RESOLUTION NO. 45-2020