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4. b) Memo 20-21 CARES Act - City Funds UpdatePage 1 of 1 City of Scandia 14727 209 th St. N. PO Box 128, Scandia, Minnesota 55073 Phone (651) 433 -2274 Fax (651) 433 -5112 http://www.ci.scandia.mn.us DATE: July 31, 2020 FROM: Ken Cammilleri, City Administrator TO: EDA Board of Commissioners RE: CARES Act Funds Update The Covid-19 Business Relief Program The County is starting the program by making $10 Million available at the program's launch on August 10th. The County does not know what demand to expect related to demand. They anticipate coming in late August early September that they will be asking the City if it has funds available for allocations to Scandia businesses. At the City Council’s September 2nd Work Session, the Council will be asked to authorize the distribution of funds to the County for this purpose. Should the City not have an identifiable need related to Covid-19 impacts for the remainder of the funds, it will be recommended to the City Council to approve the distribution of remaining funds to the County to assist with County level needs. Please let me know if you have any questions.