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<br /> <br />Meeting Minutes – Final August 18, 2020 <br />Board of County Commissioners <br /> <br /> <br />Commissioner O'Bryan entered into discussion with Helene Caseltine, <br />Economic Development Director of the Indian River County Chamber of <br />Commerce, regarding the Chamber's assistance in recruiting local businesses to <br />apply for a share of the loan. <br /> <br />Mr. Lanahan sought the Board's input regarding the maximum loan amount that <br />should be offered to businesses. Commissioner O'Bryan suggested a $50,000 <br />maximum, with Commissioners Solari and Adams suggesting $100,000, noting <br />that many businesses may fall under the maximum amount. <br /> <br />A motion was made by Commissioner O'Bryan, seconded by Chairman Adams, to <br />approve Indian River County's participation in applying for an Economic <br />Development Agency grant to establish a Revolving Loan Fund in partnership <br />with the Treasure Coast Regional Planning Council. The motion carried by the <br />following vote: <br />Aye:5 - Chairman Adams, Vice Chairman Flescher, Commissioner Zorc, Commissioner <br />O'Bryan, and Commissioner Solari <br />Consideration of Coronavirus Relief Fund (CRF) Agreement with Florida <br />12.A.2. 20-1835 <br />Housing Finance Corporation (FHFC), Consideration of Local Parameters for <br />Fund Utilization, and Consideration of County Staffing and Outside Agency <br />Assistance to Administer the Program <br />Staff recommends that the Board of County Commissioners: 1. Approve the <br />Recommended Action: <br />CRF Agreement with the FHFC; 2. Approve the parameters of the program as <br />outlined in the agreement and this staff report; 3. Authorize the County <br />Administrator or his designee to make adjustments to the program activities to <br />address needs of the community; 4. Authorize staff to proceed with the <br />program for any additional funding that is received from the state (including a <br />second anticipated round of funding, and any potential future allocation from <br />the state); and 5. Authorize the County Administrator to negotiate sub-grantee <br />agreements with any interested partner agencies using the template agreement <br />from the FHFC and authorize the County Administrator to allocate allowable <br />CRF Grant Administration funds to those agencies. <br />Attachments: <br />Staff Report <br />CRF Agreement with FHFC <br />Template Sub-grantee Agreement <br />Bill Schutt, Chief of Long Range Planning, appeared before the Board to <br />request consideration of a Coronavirus Relief Fund (CRF) Agreement with the <br />Florida Housing Finance Corporation (FHFC). He explained that the CRF <br />agreement would provide residents affected by COVID-19 with assistance for <br />certain housing related expenses. <br />Indian River County Florida Page 26 <br /> <br />