5/11/2022 - Meeting Minutes MINUTES FOR THE
BUSINESS ADVISORY BOARD
Wednesday, May 1 lth 2022
8:30 a.m. - 10:00 a.m.
1. Roll Call
The following members of the Business Advisory Board were present:
Darin Piccoli, Chair Karen Gunn
Scott Lyttle Alfonso Brito
Pook Carson Andy Robertson
Sue Rice
The following members of the Business Advisory Board were absent:
Abudujannah Soud
Jocelyn Kearl
Also present:
Andrea Feldman, Department of Economic Development; Roberta Reichgelt, Department of
Economic Development; Will Wright, Department of Economic Development; Brittany
Hemingway, Department of Economic Development; Cathie Rigby, Department of Economic
Development; Todd Anderson, Department of Economic Development; Katie Matheson,
Department of Economic Development; Peter Makowski, Department of Economic Development;
Kaletta Lynch, Mayor's Office; Roxana Orellana, Mayor's Office; Kristina Olivas, Downtown
Alliance ; Edward Bennett, Suazo Business Center; Allison Rowland, Salt Lake City Council
Office.
2. Briefings by the Staff
A. Report from the Director
• Ms. Reichgelt stated as part of National Small Business Week the Mayor attended some site
visits with the Business Development Team. She added that discussion are taking place
concerning inviting Council Members and BAB members starting in the Fall.
• Ms. Reichgelt explained that the City Council had approved two new BAB members; Ms.
Pook Carson and Ms. Jocelyn Kearl.
3. Approval of the minutes
A. Review and Approval of April 13', 2022, BAB Minutes.
Mr. Brito made a motion to approve the minutes for the April 13, 2022 meeting. Ms. Gunn
seconded the motion. Upon roll call, the motion passed unanimously.
4. Business
A.Citywide Equity Plan
Ms. Lynch from Salt Lake City's Office of Equity and Inclusion provided a presentation on the
Equity Plan for the City and introduced Roxana Orellana from her team.
B. America Recovery Act Grant Program
Ms. Rigby from the Salt Lake City's Department of Economic Development introduced herself
and Todd Anderson. She then provided a presentation on the America Recovery Act Grant
Program(ARPA) for small businesses and explained how funds for the program and would be
allocated, processed for expenditures, and what type of expenses would be ineligible for
reimbursement.
Ms. Rigby mentioned that they are looking for a BAB member to be part of the committee to
review applications and ultimately provide recommendations for grant recipients to the City
Council.
Mr. Robertson suggested that a BAB member with a CPA or accounting background should be
on this committee to be able to adequately assess the businesses finances throughout COVID.
Mr. Brito asked if the business must still be in business to apply and receive funding. Ms. Rigby
stated that in order to qualify for the funding the businesses would need to have been operational
in 2020.
Ms. Rigby added that to control and manage the ARPA spending, there would be staggering
rollouts and prioritizing businesses according to need and other criteria.
C. Updates to Economic Development Loan Fund (EDLF) Program
Ms. Montoya reviewed the recent administrative changes to the Economic Development Loan
Fund program which included items such as changes to the committee and adjusting the loan
criteria.
Ms. Gunn asked if someone internally was looking at collateral and repayment ability. Ms.
Montoya confirmed that the Loan Committee still receives the application information and
would continue to review collateral and the final loan amount before any recommendations
would be forwarded onto the City Council.
D. Approval of Letter to Mayor and Council
Mr. Piccoli reviewed the letter drafted by BAB members regarding the Small Business
Development Subcommittee findings that will be sent to the Mayor's Office for attention.
Ms. Gunn and Ms. Rice recommended that the letter should be provided to the City Council in a
public meeting so that they may see these findings considering new funds from ARPA and
EDLF changes.
Ms. Rice made a motion to send the letter and request a meeting with the mayor's office, and Mr.
Brito seconded. Upon roll call, motion passed unanimously.
5. City Council Announcements
A. The City Council reviewed Mayor's Recommended Budget for FY23.
6. BAB Member Announcements
No member announcements.
7. Adiournment
There being no further business,the meeting was adjourned.
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darin picco (Sep 12,2022 10:25 MDT)
Darin Piccoli, Chairperson
This document and the recording constitute the official minutes of the Economic Development
Business Advisory Board meeting held May 11t', 2022.
BAB Meeting Minutes_5. 11 .22 final
Final Audit Report 2022-09-12
Created: 2022-09-12
By: Veronica Cavanagh(veronica.cavanagh@slcgov.com)
Status: Signed
Transaction ID: CBJCHBCAABAAujihCEogxY1kcYwiidn_LtW2928nBP6F
"BAB Meeting Minutes_5. 11 .22 final" History
Document created by Veronica Cavanagh (veronica.cavanagh@slcgov.com)
2022-09-12-4:24:41 PM GMT
C. Document emailed to d@thestateroomslc.com for signature
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r Document e-signed by darin piccoli (d@thestateroomslc.com)
Signature Date:2022-09-12-4:25:31 PM GMT-Time Source:server
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