Resolution No. 6958 13
RESOLUTION NO. 6958
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CYPRESS FINDING THAT THE PUBLIC PURPOSE
WOULD BE SERVED BY THE DONATION OF FUNDS TO
ASSIST ELIGIBLE CITY OF CYPRESS BUSINESSES AND
APPROVING THE DONATIONS THERETO
WHEREAS, the City Council of the City of Cypress held a workshop on November
22, 2021, to discuss providing assistance for local businesses to fund business recovery
efforts, which are consistent with the City's strategic plan goals;
WHEREAS, consistent with City Council direction, the City Council's Economic
Development Subcommittee met on March 14, 2024 to discuss specifically how to
stimulate economic activity locally and reached consensus on recommending a total
amount to be donated pursuant to the Cypress University Program of $325,000 and an
extension of the Business Recovery Program of $180,000;
WHEREAS, the Cypress University Program offers training to educate up to 30
commercial businesses physically located in the City of Cypress with between two and
100 employees on how to create an effective digital marketing strategy and a robust
online presence to boost sales and enhance customer awareness, and upon successful
completion of all mandatory training and submission of all required documentation these
businesses will receive a $2,000 grant;
WHEREAS, the Cypress University Program also offers training to educate up to
25 commercial businesses physically located in the City of Cypress with between two and
100 employees on how to proactively and strategically drive growth with less risk, and
upon successful completion of all mandatory training and submission of all required
documentation these businesses will receive a $10,000 grant;
WHEREAS, the Orange County/Inland Empire Small Business Development
Center (OCIE SBDC) will partner with the City of Cypress, and will be responsible for
administration of the Cypress University Program for a fee of up to $15,000 (i.e., $7,500
per training program with up to 40 participants each);
WHEREAS, on January 11, 2021 the City Council approved the Business
Recovery Program, which promoted business creation, recovery, and expansion by
absorbing City fees for business entitlements, permits, and inspections;
WHEREAS, an extension of the Business Recovery Program until the end of 2024
will further promote business creation, recovery, and expansion through the continued
absorption of City fees for business entitlements, permits, and inspections, totaling
approximately $180,000;
WHEREAS, the City Council finds that the aforementioned donations to Cypress
businesses serve an important public purpose by providing direct support to members of
the Cypress business community and their employees which will, in turn, provide a benefit
to City revenues by assuring the support of local economic activity;
NOW, THEREFORE, the City Council of the City of Cypress, California, resolves,
determines and orders as follows:
1. That the City Council finds the above recitals true and correct.
2. That the City Council hereby finds that one-time donations of funds as part of the
Cypress University Program and Business Recovery Program, as described
above, benefits the Cypress business community and its employees and thus
serves the public purposes identified in the above recitals.
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3. That the City Council hereby approves the aforementioned donations to Cypress
businesses that meet the criteria of the above programs, as such criteria in the
specific amounts as shall be identified and further established by the City Manager
or his designee consistent with the description of the Cypress University Program
and Business Recovery Program.
4. That the City Clerk shall certify the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Cypress
at a regular meeting held on the 22nd day of April, 2024.
2Ji)
A OR OF TH. CITY OF CY RESS
E T:
40%* WAlb
CITY LI K OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I, Alisha Farnell, City Clerk of the City of Cypress, DO HEREBY CERTIFY
that the foregoing Resolution was duly adopted at a regular meeting of the said City
Council held on the 22nd day of April, 2024, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Burke, Mallari, Marquez, Peat and Minikus
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
—19 /1i rt
CITY CL RK OF THE CITY OF CYPRESS