HomeMy WebLinkAbout09142020 City Council LAYDOWN - Finance ,AO 0 q I q L/V-Z)6ul
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Seward CARES Grant Disbursement—Administration Recommendation
Amount left to be allocated: $579,013.63
1. Additional disbursements for businesses
a. Flat amount for additional simplified application
i. Did not}previously receive Seward grant
H. Current City business license
iii. Any gross sales amount
iv. Alaska resident
$1,000 X 267 businesses= $267,000 allocation
2. Electric utility account credit
a. Inside city limits only
b. Residential customers
c. Active accounts
$312,013.63/948 active customers= $.329.13 credit per customer
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Seward CARES Non-Profit Applicants
Non Profit Grant
Requested Amount Recommendation Variance
Sea Life Center $ 500,000,00 $ - $ (500,000.00) (a)
Boys and Girls Club $ 344,340.00 $ 228,340.00 $ (116,000.00)
He Will Provide $ 26,038.00 $ 26,038.00 $ -
Kenail Mountains Public Media $ 30,000.00 $ 10,000.00 $ (20,000.00)
Marathon Wrestling Club $ 1,497,98 $ 1,498.00 $ 0.02
Resurrection Bay Historical Society $ 4,500.00 $ 1,000.00 $ (3,500.00)
SeaView Community Services $ 500,000.00 $ 275,000.00 $ (225,000.00)
Seward American Legion Auxiliary $ 14,000.00 $ 12,000.00 $ (2,000.00)
Seward American Legion Post 5 $ 43,020.00 $ 43,000.00 $ (20.00)
Seward Area Hospice $ 29,942.68 $ 29,942.00 $ (0.68)
Seward Chamber of Commerce $ 240,000.00 $ 175,000,00 $ (65,000.00)
Seward Prevention Coalition $ 505,000.00 $ 230,000.00 $ (275,000,00)
Seward Prevention Coalition-Elementary School $ 50,000.00 $ 30,000.00 $ (20,000.00)
Seward Senior Center $ 322,800.00 $ 160,000.00 $ (162,800.00) (b)
Seward Sports Association $ - $ 1,500.00 $ 1,500.00
Seward Volunteer Fire Department $ 4,300.00 $ 1,200.00 $ (3,100,00)
Total $ 2,615,438.66 $ 1,224,518.00 $ (1,390,920.66)
(c)
(a)Variance to be funded from remaining Business allocation to get SeaLife Center up to approved$500,000
(b) Reviewed separately
(c)Over approved allocation amount by$192 due to the addition of the Senior Center;overage to come from Business allocation