[1. Roll Call]
[5. Approval of Consent Agenda (to include minutes of previous meetings):]
[6. Special Reports]
[00:21:47]
BUSINESS THERE IS A FINE AS A STATE OF BEING UNHAPPY HOUSE ON SHELTERED OR INADEQUATE HOUSING.
[00:21:56]
A BIG SECTION IS THE PROCESS OF BEING FORCED TO LEAVE HOME. BACK YOUR MORTGAGE LENDER OR[00:22:04]
LANDLORD. THE PETERSBURG HOUSING SUMMIT WAS HELD IN JULY. PIPE ONE AND AUGUST. IN PART TWO OF[00:22:13]
2022 PART ONE FOCUS ON GATHERING COMMUNITY LEADERS. SERVICE FOR BATTERS AND STAKEHOLDERS TO BE A[00:22:21]
COLLABORATION AND TO SHARE RESOURCES. PART TO FOCUS ON GATHERING. POTENTIAL SOLUTIONS TO HELP INDIVIDUALS RESOLVE THEIR HOUSING PROBLEMS. A COST ANALYSIS OF PROVIDING HOUSING SERVICES. VERSUS NO HOUSING SERVICES WAS PREPARED BY THE L. DOUGLAS WILDER THERE SCHOOL OF GOVERNMENT AFFAIRS FOR THE CAMERON FOUNDATION. NO SERVICES WITH RESULTED IN A HIGHER CAUSE, THEN PROVIDING SERVICES. HOUSING OWNERSHIP. AFFORDABLE HOUSING OWNERSHIP OPPORTUNITIES ARE AVAILABLE TO BENEFIT THE COMMUNITY AND PROVIDE FINANCIAL OPTIONS AND INFORMATION OR ASSISTANCE. TWIST PERTAIN ATION. HAVE BE I MEAN, HARVEST STUDY NOTICE THAT THAT COMMUNITY COMMUTING TIME DOES EMERGED AS THE SINGLE STRONGEST FACTOR OF ECONOMIC GROWTH. IF WE AIM OUR SOLUTION AND ACCESSIBILITY AND EQUALITY, WE WILL BEGIN TO SEE POSITIVE CHANGE IN OUR COMMUNITY AS IT RELATES TO TRANSPORTATION. FINANCIAL LITERACY. MOST ANTI POVERTY PROGRAMS ARE DOUBLED AGE SOURCE. THEY DO NOTHING TO INDUCE POOR PEOPLE TO CHANGE THEIR BEHAVIOR AND IMPROVE THEIR CONDITION. THIS WAS WRITTEN BY JAMES BEACON, OCTOBER 2019 MONEY MANAGEMENT CAN DECREASE POVERTY IN THE FUTURE AS A BAD TEACHING IN SCHOOL. ATTENDING WORKSHOPS SEEKING PROFESSIONAL GUIDANCE AND RESOURCES TO BECOME MORE FAMILIAR WITH THE TOPIC OF FINANCIAL LITERACY. POLICY LEGISLATION AND RESEARCH EVALUATION. POLICY ISSUES SHOULD BE ADDRESSED BY IMPLEMENTING POLICIES AND LEGISLATION THAT SUGGESTED AREAS ARE AS FOLLOWS. NUMBER ONE. ESTABLISHING A HUMANITIES BILL, WHICH RELATES TO EVICTION. NUMBER TWO CONTINUING TO EVALUATE THE COST OF LIVING. AND LIVING WAGES NUMBER THREE. REVIEWING POLICIES THAT ADDRESS THE NEGATIVE IMPACT OF MOVING TOWARDS SELF SUFFICIENCY. NUMBER FOUR. WE SEARCH AND EVALUATION. INCLUDING IN THE PROCESS, MEASURABLE RESULTS AND FINDINGS TO ADEQUATELY ADDRESS THE ISSUE.[00:25:06]
RECOMMENDATION. THE ANTI POVERTY COMMISSIONS AUTOMATE GOAL IS TO REDUCE POVERTY IN THE CITY OF PETERSBURG SUBSTANTIALLY POVERTY HAS A RESOUNDING NEGATIVE IMPACT ON OUR CITY. WE RECOMMEND THE CITY OF PETERSBURG FUNDING TO SUPPORT THE CONTINUED EFFORTS TO RESEARCH DEVELOP A PLAN OF ACTION AND IMPLEMENT CHOSEN SOLUTIONS. WE MUST REFLECT ACCOUNTABILITY, ACCOUNTABLE ACTIONS TO REDUCE POVERTY AND ARE SITTING. WE THE ANTI POVERTY COMMISSION, THANKS TO CITY COUNCIL FOR ITS SUPPORT AND CONTINUED EFFORTS IN MEETING THE CHALLENGE IS TO REDUCE POVERTY IN THE CITY OF PETERSBURG. THANK YOU. THANK YOU, DR ROY FOR THE PRESENTATION. NEXT WE MOVE ON TO ITEM C, WHICH IS THE PRESENTATION FROM THE COMMISSION OF REVENUE, MISS FLOWERS. GOOD EVENING. GOOD EVENING. HOW ARE YOU ARE DOING WELL THIS EVENING FOR A RECOMMENDATION FOR PERSONAL PROPERTY DUE DATES. PRIOR TO 2014, THE CITY OF PETERSBURG HAD ONE DUE DATE OF JUNE. 10TH. CURRENTLY PERSONAL PROPERTY DATES ARE FEBRUARY 28TH IN JUNE, 10TH. FEBRUARY DUE DATE COVERAGE. JANUARY 1ST THROUGH JUNE 30TH AND JUNE DATE COVERAGE. JULY 1ST THROUGH DECEMBER 31ST. RECOMMENDING THAT THE PERSONAL PROPERTY DUE DATES BE CHANGED TO JUNE 5TH. TO COVER JANUARY THROUGH JUNE. AND DECEMBER 5TH TO COVER JULY THROUGH DECEMBER. THIS CHANGE WILL ALSO CHANGE THE DUE DATE FOR THE VEHICLE LICENSE FEE. FROM JUNE 10TH TO DECEMBER 5TH.WE ARE A PRO RATING LOCALITY THAT HAS ONE DEMAND BILLING FOR THOSE CITIZENS AND BUSINESS OWNERS WHO WANT TO PAY IN INSTALLMENTS PRIOR TO THE DUE DATE AND CAN AVOID LATE FEES. IF THE DUE DATE IS CHANGED TO JUNE VERSUS FEBRUARY. THE COMMISSIONER OF THE REVENUE OFFICE, FACES SEVERAL CHALLENGES IN THE FEBRUARY DUE DATE BILLING NEVER KNOWING THE TIME FRAME THAT THE THIRD PARTY ASSESSMENT COMPANY WILL RETURN THE MESS FILING. THERE ARE TWO FEDERAL HOLIDAYS IN JANUARY. AND WE NEVER KNOW WHAT THE WEATHER IS GOING TO BE IN JANUARY FOR US TO BE AT WORK. THESE FACTORS IN THE PAST HAVE RESULTED TO THE CITY USING CODE OF VIRGINIA 58.1.
THAT'S 39 12 MAILING BILLS 14 DAYS BEFORE THEIR DUE DATE, WHICH IS NOT FAIR TO ANY CITIZEN OR BUSINESS OWNER. IN ADDITION, THE PERSONAL PROPERTY BEND DUE FEBRUARY, 28TH BUSINESS LICENSES IS DO THE VERY NEXT DAY MARCH 1ST PER CODE OF VIRGINIA 58.1 DASH 37 3.1. CHANGING THE DUE DATES WILL LESSEN THE NUMBER OF ABATEMENTS THAT WOULD NEED TO BE COMPLETED FOR THOSE CITIZENS WHO MAY TRADE IN OR SELL THEIR VEHICLES IN APRIL, FOR EXAMPLE, BUT HAVE ALREADY PAID JANUARY THROUGH JUNE IN FEBRUARY. WITH THIS PROPOSED RECOMMENDATION FOR THIS EXAMPLE, THE CITIZEN OR BUSINESS OWNER WILL RECEIVE A BILL FROM JANUARY THROUGH APRIL . THAT WOULD BE DUE JUNE 5TH.
THIS WOULD KEEP THE BUSINESS EQUIPMENT, LEASED EQUIPMENT AND MACHINERY AND TOOLS DUE IN JUNE, BUT JUNE 5TH INSTEAD OF JUNE 10TH I LOOK FORWARD TO THIS RECOMMENDATION BEING DISCUSSED AND PASSED. BUT IF NOT, IF WE CAN WORK TOGETHER TO FIND ANOTHER POSSIBLE SOLUTION THAT WOULD BENEFIT ALL CITIZENS AND BUSINESS OWNERS IN THE CITY OF PETERSBURG. OKAY? THANK YOU.
WOW. NEXT MOVE ONTO ITEMS SEVEN. WHICH IS MONTHLY REPORTS. THERE ARE NO ITEMS TONIGHT. ITEM EIGHT IS FINANCING BUDGET REPORT. NOTHING FROM FINANCE THIS EVENING. ITEM NINE IS CAPITAL PROJECTS UPDATE. NO CAPITAL PROJECTS. UPDATE ADAM 10 IS UTILITIES NO UPDATES TONIGHT.
11TH STREETS. I KNOW. UPDATES TONIGHT ITEM 12 IS FACILITIES, NO UPDATES FROM FACILITIES. NEXT
[13. Economic Development]
IS ITEM 13, A ECONOMIC DEVELOPMENT OF PRESENTATION FROM LOCAL INITIATIVE SUPPORT CORPORATION. VIRGINIA AND LONGWOOD SMALL BUSINESS DEVELOPMENT CENTER. MR MAYOR.[00:30:02]
GOOD EVENING COUNCIL. WE'RE GONNA HAVE TO GREAT PRESENTATIONS FOR YOU. ONE FROM LIST. MISS JANE FARRAR, THE EXECUTIVE DIRECTOR WILL BE PRESENTING AND THEN ONE OF OUR OWN, MR BANDY JONES WILL BE PRESENTING ON BEHALF OF THE LONGWOOD UNIVERSITY SMALL BUSINESS DEVELOPMENT CORPORATION. WE'RE LOOKING TO WORKING WITH THEM AS WE REACH OUT TO OUR BUSINESS COMMUNITY AND AS WE CONTINUE TO MOVE FORWARD, THESE ARE GONNA BE INTEGRAL PARTS OF IT BROKE. GOOD EVENING. GOOD EVENING, MR MAYOR AND MEMBERS OF COUNCIL. MY NAME IS JANE FARRAR AND I'M EXECUTIVE DIRECTOR FOR VIRGINIA LISK. LIST IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ALSO KNOWN AS A C D E F I. WE'RE A NATIONAL NONPROFIT, MISSION BASED LENDER DEDICATED TO LEVELING THE PLAYING FIELD FOR INDIVIDUALS AND SMALL BUSINESSES. AND OWNERS IN UNDERSERVED COMMUNITIES. AS A COMMUNITY DEVELOPMENT PARTNER ARE INTEGRATED PROGRAMS INCLUDE ECONOMIC DEVELOPMENT, AFFORDABLE HOUSING AND INDIVIDUAL AND FAMILY WEALTH BUILDING. ALL OF WHICH ARE DESIGNED TO ELEVATE ECONOMIC MOBILITY IN THE COMMUNITIES WE SERVE. THESE COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGIES ARE THEN ENHANCED. I'M SORRY, UM, ENHANCED BY FINANCIAL RESOURCES SUCH AS ACCESSIBLE LOAN CAPITAL THAT CATALYZE IS REVITALIZATION AND ECONOMIC OPPORTUNITY. IT'S WORKING IN A VARIETY OF WAYS IN CAPACITIES IN THE CITY OF RICHMOND FOR QUITE A NUMBER OF YEARS. EXAMPLES OF THIS WORK INCLUDE PARTNERING WITH THE CAMERON FOUNDATION ON A NEIGHBORHOOD REVITALIZATION STRATEGY FOR POPULAR LAWN. ALSO INCREASING AND PROVIDING CRITICAL LOAN CAPITAL TO PROJECTS SUCH AS THE BASCO BUILDING, THE ARTIST'S LOFTS AND THE HOTEL PETERSBURG. IN ADDITION, WE HAVE INVESTED IN NEWMARKET TAX CREDITS IN THIS VERY BUILDING WHERE WE ARE TODAY. WE COMPLETED A BROADBAND STUDY TO BETTER UNDERSTAND THE BARRIERS TO BROADBAND ACCESS IN THE CITY, AND NOW WE'RE PARTNERING WITH THE SOUTH SIDE COMMUNITY DEVELOPMENT AND HOUSING CORPORATION TO OPERATE A FINANCIAL OPPORTUNITY CENTER THAT PROVIDES INDIVIDUALLY INDIVIDUALIZED COUNSELING AND FINANCIAL LITERACY SERVICES TO PETERSBURG RESIDENTS. WITHOUT A DOUBT, ACCESS TO CAPITAL IS THE MOST CITED NEED OF SMALL BUSINESSES TODAY, AND FINANCIAL RESOURCES ARE AN ESSENTIAL INSTRUMENT IN THE COMMUNITY DEVELOPMENT TOOLBOX. WITH HELP FROM OUR PARTNERS LIST PROVIDES DIRECT FINANCING WHILE ALSO BUILDING OUT NETWORKS OF COORDINATED ASSISTANCE FOR SMALL ENTERPRISES OVERLOOKED BY CONVENTIONAL FINANCING CHANNELS. WE UNDERSTAND THAT SMALL BUSINESSES ARE THE LIVELIHOOD OF COMMUNITIES. THEY LIFEBLOOD OF COMMUNITIES. EXCUSE ME. THEY PROVIDE CRITICAL GOODS AND SERVICES. THEY CREATE JOBS FOR LOCAL PEOPLE. THEY BRING ENERGY INNOVATION AND CONNECTIONS TO NEIGHBORHOODS AND SURROUNDING RESIDENTS. LET'S INTENTIONALLY FOCUSES ON SMALL BUSINESSES OWNED BY VETERANS, WOMEN IN MINORITY ENTREPRENEURS, ALL OF WHICH, WHO HAVE HAD HISTORICALLY , UH, DIFFICULTY IN ACCESSING CAPITAL AND OTHER RESOURCES NEEDED TO THRIVE. TONIGHT WE'RE HERE TO TELL YOU ABOUT OUR TRI CITY SMALL BUSINESS CAPITAL ACCESS PROGRAM THAT'S OFFICIALLY LAUNCHING TODAY. I'D LIKE TO INTRODUCE MY LIST COLLEAGUE GEORGE PIAZZA, PROGRAM OFFICER FOR ECONOMIC DEVELOPMENT. WHO WILL PROVIDE YOU WITH THE DETAILS OF THIS VERY EXCITING NEW PROGRAM. HEY GOOD EVENING. MY NAME IS GEORGE OUTSIDE THE ECONOMIC DEVELOPMENT PROGRAM OFFICER. VIRGINIA SLIDE CAN ADVANCE TO THE NEXT SLIDE, AND I'VE PAPER COPIES OF ANYONE NEEDS. AS JANE MENTIONED. WE ARE LAUNCHING A TRI CITY SMALL BUSINESS CAPITAL ACCESS FUND. IT ACTUALLY LAUNCHED YESTERDAY. SO THIS IS GREAT TIMING. THE PROGRAM WAS LAUNCHED WITH FUNDING FROM THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT THROUGH THE VIRGINIA SMALL BUSINESS RESILIENCY FUND THAT WAS APPROPRIATED IN JANUARY OF THIS YEAR. IN TOTAL, IT'S GOING TO GIVE ABOUT $562,000 OUT AS 0% LOANS TO SMALL BUSINESSES LOCATED IN PETERSBURG, COBALT COLONIAL HEIGHTS. AS THE MONEY GETS. PAID TO BUSINESSES AND REVOLVED BACK THE IDEAS THAT WILL CREATE A SUSTAINABLE INVESTMENT FUND FOR SMALL BUSINESSES IN THESE LOCALITIES JUST QUICKLY HIGH LEVEL THE PROGRAM COMES WITH 0% LOANS FROM 10 TO $50,000. IT'S REALLY BASED ON PROJECT BASED WORKS AND NEW INITIATIVES FOR SMALL BUSINESSES AS EURO PERCENT LOANS. THERE'S NO FEES. THERE'S NO INTEREST REPAYMENT IS REQUIRED. AND THEN ON THE OTHER SIDE, BUSINESSES WILL ALSO GET ACCESS TO FREE COACHING. THAT WILL BE ONE ON ONE SESSIONS PROVIDED BY THE LONGWOOD SMALL BUSINESS DEVELOPMENT CENTER THAT CAN HELP THEM WITH THEIR APPLICATION MATERIALS WITH THE BUSINESS PLAN , AND THEN ON THE BACK END IF THEY NEED HELP, ACCESSING MARKETING SPECIALIST CONTRACTORS[00:35:04]
, VENDORS, ETCETERA, SO THAT'S THE HIGH LEVEL VISION OF THE PROGRAM ON THE NEXT SLIDE.TIMELINE AS I MENTIONED THE PROGRAM OPENED YESTERDAY, WE'RE GONNA HAVE A WEBINAR ON OCTOBER 20TH AT NINE AM THAT WILL BE RECORDED VIRTUAL GOING AROUND TWO PARTNERS LIKE THE VARIOUS CHAMBERS DOWNTOWN PARTNERSHIPS TO SAY IF YOU NEED ME TO COME IN PERSON TO DO A WEBINAR OR SESSION, HAPPY TO DO THAT, BUT THERE IS A DEDICATED WEBINAR IN THE 20TH. COACHING IS ONGOING, UNDERWRITINGS ONGOING AND THEN THE DEADLINE REALLY, FOR THIS PROGRAM'S MARCH 24TH, SO WE REALLY HAVE A LONG WINDOW TO GET THE FUNDS OUT THE DOOR. UNTIL THE NEXT SLIDE. THANK YOU, UM, BASIC ELIGIBILITY. IF YOU'RE LOCATED IN THE TRI CITIES, THAT'S ONE CHECK IF YOUR BUSINESS HAS TO HAVE BEEN AROUND FOR AT LEAST TWO YEARS, YOU HAVE TO HAVE TWO FULL YEARS OF OPERATING HISTORY. YOU HAVE TO HAVE TWO OR MORE EMPLOYEES, BUT THIS CAN INCLUDE ANY OWNERS JUST TO HIGHLIGHT SOLE PROPRIETORS AND NONPROFITS ARE INELIGIBLE FOR THIS PROGRAM. PROFITABILITY RANGES. YOU HAVE TO HAVE GROSS ARRIVING. YOU DEMONSTRATED BETWEEN $50,000 AND A MILLION BASED ON TAX RETURNS IF YOU'RE ABOVE THAT, OR BELOW THAT REVENUE THRESHOLD, WE HAVE OTHER PROGRAMS AVAILABLE. AND THEN, AS JANE MENTIONED, WE ARE A NON PROFIT. THIS IS MONEY THAT WAS GRANTED TO US, SO WE TRY TO MAKE THIS AS FLEXIBLE AS POSSIBLE, SO THERE IS NO CREDIT SCORE REQUIREMENT. WE DO NOT RUN A CREDIT SCORE ON THE BUSINESS, THE UNDERWRITINGS BASED SOLELY ON THEIR BUSINESS FINANCIALS. THE TERMS 10 THOUSANDS, THE MINIMUM 50 THOUSANDS, THE MAXIMUM AS I MENTIONED, I'LL SAY THIS A LOT 0% INTEREST. THERE'S NO PAYMENTS FOR THE FIRST SIX MONTHS OF THE LOAN. THIS GIVES THE BUSINESS THE OPPORTUNITY TO INCREASE THEIR CASH FLOW, ACTUALLY UTILIZE THE FUNDING BEFORE THEY HAVE TO WORRY ABOUT REPAYMENT LOANS WILL COME WITH A THREE YEAR TERM AND A FIVE YEAR AMATEUR IZATION. THIS BASICALLY MEANS TWO THINGS. ONE THAT LOWERS THE MONTHLY PAYMENTS DUE FOR THE BUSINESS SO THAT THEY CAN HOPEFULLY TAKE ON ALONE TO INCREASE THEIR CASH FLOW BEFORE THEY HAVE TO WORRY ABOUT THOSE REPAYMENTS. AND THEN THE SECOND THING IS THERE WILL BE A BALLOON PAYMENT THAT'S DUE AT THE END THIS ON INCLUDE THE DIFFERENCE BETWEEN THE AMORTIZATION AND THE LOAN AND THE SIX MONTHS OF THE NO PAYMENT, BUT AS A NON PROFIT WHEN IT COMES TO THAT POINT, WE CAN BE FLEXIBLE. WE CAN RESTRUCTURE. THE LOAN OUT, BUT IT'S JUST MEANT TO GET MORE FLEXIBILITY ON THE FRONT END FOR THE BUSINESS, AND THERE'S NO COLLATERAL REQUIRED. THERE'S NO GUARANTEE OF REQUIRED SO THIS IS REALLY MEANT TO BE AS FLEXIBLE AS POSSIBLE FOR THE BUSINESSES. LOAN USES. I WON'T READ THROUGH ALL OF THESE, BUT IT'S PRETTY EXPANSIVE. I'M JUST GOING TO SAY HIGH LEVEL POINTS IF A BUSINESS IS LOOKING TO CREATE NEW JOBS, GREAT IF THIS CAN SUPPORT THEM IN THAT INITIATIVE, WONDERFUL IF THEY NEED TO EXPAND, RENOVATE LEASEHOLD IMPROVEMENTS PURCHASED NEW EQUIPMENT, BASICALLY ANYTHING THAT THE BUSINESS CAN JUSTIFY AND DEMONSTRATE. HEY THIS WILL HELP ME INCREASE MY CASH FLOW HELPED ME INCREASE REVENUE HELPED ME CREATE NEW JOBS FOR COMMUNITIES HELP ME. BE MORE SUSTAINABLE. WE'RE REALLY OPEN TO THAT FOR THE BUSINESS. BASIC BUSINESS. FINANCIAL DOCUMENTATION. CERTAINLY ONE FOR YOU WITH ALL OF THIS INFORMATION , BUT THIS IS ON OUR WEBSITE. BASIC INCOME STATEMENTS. BALANCE SHEETS. TAX RETURNS WHEN BENNY COMES UP TO TALK, BUT THIS IS REALLY WHERE HE'LL STEP IN TREMENDOUSLY. IF A BUSINESS NEEDS HELP WITH ANY OF THESE DOCUMENTS REALLY GLAD TO PARTNER WITH THEM. I'LL JUST SAY FROM DEALING WITH SMALL BUSINESSES FOR THE PAST TWO PLUS YEARS THE PANDEMIC NOT ONLY DERAILED FINANCIALS, BUT THE ACTUAL ACCOUNTING AND UPKEEP OF FINANCIAL DOCUMENTS, SO THIS WILL BE A GOOD CHANCE FOR BUSINESSES TO GET BACK ON TRACK WITH THEIR DOCUMENTATION. BEYOND THAT, VERY BASIC, UH, DOCUMENTATION REQUIREMENTS.
CURRENT BUSINESS PLAN LOCAL BUSINESS LICENSE STILL IN GOOD STANDING WITH THE VIRGINIA STATE CORPORATION COMMISSION ARTICLES OF INCORPORATION BASIC DOCUMENTS AGAIN, REALLY TRYING TO MAKE THIS AS ACCESSIBLE AS POSSIBLE. NEXT SLIDE, UH, LOAN PROCESS OF ANY BUSINESSES INTERESTED. IF YOU ALL HAVE ANY BUSINESSES THAT YOU THINK WOULD BE A GREAT FIT FOR THIS PROGRAM. THE APPLICATION LINKS ON THIS SLIDE . IT'S ON OUR WEBSITE, WHICH IS WWW DOT LIST .ORG/ VIRGINIA. THE APPLICATION WILL JUST BASICALLY ASKED FOR A BASIC BUSINESS FINANCIAL DOCUMENTATION THEY'LL NEED THOSE BALANCE SHEETS, INCOME STATEMENTS, BUT BIT OF NARRATIVE ON HOW THEY WANT TO USE THE LOAN. THEN I'LL START REVIEWING THEIR LOAN APPLICATION . IT'S AN ONGOING PROCESS, SO HOPEFULLY WE CAN WORK ON THIS PRETTY QUICKLY. AND ASSUMING ALL THINGS MOVE FORWARD, WELL, HOPEFULLY MOVE FORWARD WITH APPROVAL PRETTY QUICKLY. NEXT SLIDE. UM AND THEN, JUST LASTLY, IN THE INVITE MANDY OUT, UM JUST TO GIVE PERSPECTIVE AS I MENTIONED AT THE BEGINNING, $562,000 THAT'S FOR THE WHOLE REGION. THE TRI CITIES SO REALISTICALLY, WE'RE LOOKING ABOUT 12 TO 14 BUSINESS IS ON THE FRONT END OF BUT WE'RE HOPING THIS WILL BE A GOOD PROOF OF CONCEPT FOR HOW 0% LOANS CAN HELP BUSINESSES IN THE REGION GROW, SO THANK YOU. THANK YOU.
PARENTS REMEMBER HOW YOU DOING? WELCOME BACK. GOOD TO BE BAD. GOOD TO SEE ALL OF YOU. UM
[00:40:05]
GEORGE GAVE A GREAT OVERVIEW OF THE PROGRAM AND THE PREVIOUS SLIDE. UM, WAS THE ONE GENERALLY DEALING WITH THE SPDC AND WHAT WILL BE OFFERING. UM FIRST THING, IT SAYS IT'S FREE COACHING SERVICES TO INTERESTED BUSINESSES, AND WE ALL KNOW THAT NOTHING IS REALLY FREE, BUT IT IS A FREE TO THE CLIENTS WE WORK FOR, BUT IT'S FREE TO THEM. IN PART BECAUSE OF THE DONATION, THE CONTRIBUTION THAT CITY COUNCIL HAS MADE TO THE SPDC. ON BEHALF OF THE BUSINESSES AND PETERSBURG. SO WHILE IT'S NO COST TO THEM, WE THANK YOU ALL FOR THE CONTRIBUTION TO THE SPDC . AND, AS GEORGE SAID, WHAT WE'RE GOING TO BE DOING AT THE SPDC IS MAINLY WORKING WITH THE BUSINESSES IN REGARDS TO COMPLETING THEIR FINANCIAL STATEMENTS GETTING THEIR BUSINESS PLANS IN ORDER SO THAT THEY CAN QUALIFY FOR THE LOANS. THIS IS A GREAT PROGRAM. IT IT.SERVES TO COVERING GAP THAT A LOT OF BUSINESSES FIND THEMSELVES IN GEORGIA, MISSING SOME OF THE CRITERIA. THE MAIN ONES TO ME 0% NO COLLATERAL, NO GUARANTEE AND BEING IN BUSINESS FOR TWO YEARS VERSUS A LOT OF THE OTHER THREE AND FOUR YEAR REQUIREMENTS FROM TRADITIONAL BANKING. SO ON BEHALF OF THE SPDC, THANK YOU ALL FOR YOUR CONTRIBUTION AND LOOK FORWARD TO WORKING WITH THE BUSINESSES HERE IN PETERSBURG. THANK YOU. THANK YOU. ALL RIGHT. THANK YOU. ALL FOR THE PRESENTATIONS. UM NEXT, WE HAVE QUESTIONS FROM MEMBERS OF COUNCIL COUNCILMAN MYERS. I DO, MR WILL, BUT I BELIEVE THEY ANSWERED MY QUESTION. BUT, UM I'D LIKE TO JANE. THANK YOU FOR ALL THAT YOU DO HERE IN THE CITY OF PETERSBURG, YOU SHOULD BE RECOGNIZED FOR SOME OF THE IMPORTANT WORK THAT YOU'VE DONE . BUT MY QUESTION IS THAT I DID GO THROUGH YOUR PROCESS AND THE CITY ATTORNEY SLAPPED MY HAND IF YOU WANT TO, BECAUSE I HAVE TO WEAR TWO HATS UP HERE SOMETIMES , AND IT'S TO SUPPORT OUR INDIVIDUALS AND HERE IN PETERSBURG, BUT YOU'RE SAYING THAT THE BUSINESS HAS TO MAKE ABOUT $50,000 A YEAR IN ORDER TO MEET THE CRITERIA. FOR THIS LOAN. YES SIR. THAT'S CORRECT, SO THAT WILL BE BASED ON TAX RETURNS AND THAT CAN BE BASED ON 2020 OR 2021. AND THAT'S BASED ON GROSS REVENUE. IF IT'S BELOW THAT WE HAVE AN ALTERNATIVE 0% LOAN PROGRAM. WE CAN REFER THE BUSINESSES, TOO, BUT THIS IS BASED ON LISK UNDERWRITING CRITERIA. 0% LOAN CANNOT BE MORE THAN 25% OF THE BUSINESSES GROSS REVENUE, SO THIS REALLY SETS THAT CAP 50,000. SO THE REASON I WAS ASKING IS BECAUSE UM, I DO HAVE A LOT OF SMALL BUSINESSES HERE YOUNG LADIES WHO ARE TRYING TO MAKE ENDS MEET AND THEY'RE UNABLE TO MEET THEIR GOALS BECAUSE THEY DON'T HAVE ACCESS TO CAPITAL AND THEY'RE MAKING LESS THAN 25,000 OR $15,000 A YEAR TRYING TO PAY A $500. FEE OR RENTAL FEE, AND THEY JUST CAN'T SEEM TO SUSTAIN THEMSELVES AND SO BASED ON YOUR RESPONSE, THERE ARE SOME OTHER PROGRAMS THAT THEY CAN MEET. THE CRITERIA FOR, UM AT 0% INTEREST RATE. YES SIR. PLEASE, PLEASE SEND THEM MY WAY. THE PROGRAM'S CALLED KIVA KAY IVEY TO PARTNER, THE METROPOLITAN BUSINESS LEAGUE 0% LOAN FUNDING AND THE GREAT THING ABOUT CABLE SAY IS IF YOU'RE PRE STARTUP, YOU'RE ALSO ELIGIBLE FOR THOSE LOANS AS WELL. THANK YOU. ANY MORE QUESTIONS. ALRIGHT. THANK YOU SO MUCH FOR THE PRESENTATIONS. JUST LIKE WHAT COUNSELOR MAYER SAYS WE CAN'T THANK LISK ENOUGH. AND YOU SEE MOST OF THE HUGE DEVELOPMENTS THAT WE'VE HAD HERE IN PETERSBURG OVER THE LAST 8 TO 10 YEARS LESSONS PLAYED A BIG PART OF THAT. AND THANK YOU FOR THE NEWEST ONE THAT'S GOING TO BE COMING OUT, WHICH IS THE HOTEL PETERSBURG AND THE FUNDING PROVIDED TO HELP US WITH THAT. DEFINITELY HELPS GET A LOT OF OUR PROJECTS OVER THE HUMP. SO THANK YOU AGAIN. ALRIGHT NEXT WE'LL MOVE ON TO ITEM 14 CITY
[14. City Manager's Agenda]
MANAGERS AGENDA, MR ALTMAN. THANK YOU, MR MAYOR. UH, MEMBERS OF COUNCIL. I DON'T HAVE ANYTHING THIS EVENING EXCEPT TO SAY THAT I GOT TO BE THE PLEASURE OF ATTENDING AN EVENT WITH THE MAYOR OF THE DAY. THAT WAS TREMENDOUS NEWS FOR THE CITY OF PETERSBURG. SO HAVING SAID THAT, I'M GOING TO TURN IT OVER TO MAYOR AND LET THE MAYOR EXPLAIN TO THE PUBLIC AND THE COUNCIL WHAT HAPPENED TODAY? THAT WAS GOOD NEWS FOR PETERSBURG. GREAT THANK YOU, MR ALMOND. AND YOU KNOW, TODAY WE WERE IN RICHMOND TODAY AT THE BIOMEDICAL PARK. WE HAD A SPECIAL PRESENTATION BY THE E D A ABOUT THE BILL BACK BETTER REGIONAL CHALLENGE THAT THE CITY OF PETERSBURG WAS IN PARTNERSHIP WITH THE CITY OF RICHMOND. AND APPLIED FOR THE GRANT AND WE WERE ONE OF THE 21. PROJECTS SELECTED FROM ACROSS THE UNITED STATES, SO TODAY THEY WERE THERE[00:45:01]
TO HAVE INTERACTIONS WITH MYSELF. WE HAD MALE OF OUR ESTONIA, RICHMOND. UM WE HAD.THE PRESIDENT OF VCU PRESIDENT ABDULLAH VIRGINIA STATE, UM SPELLER, PRESIDENT OF BRIGHT POINT UM, ALONG WITH THE IMPACT SILICON AND FLOW TO MAKE THE BIG ANNOUNCEMENT OF THE AWARD, AND ALSO WE HAD A ROUNDTABLE DISCUSSION OF HOW MUCH OF A HUGE IMPACT THAT THE GROWING FARMER CLUSTER WILL HAVE HERE IN THE CITY OF PETER'S BURIED IN I WAS ABLE TO HAVE THE DISCUSSION OF HOW UM WHEN TOBACCO LEFT THE CITY OF PETERSBURG WAS REALLY THE BEGINNING OF OUR TAILSPIN, WHICH LEADS TO OUR HIGH POVERTY RATES AND WE'VE NEVER RECOVERED . OUR SCHOOLS HAVE SUFFERED DUE TO LACK OF FUNDING. AND THAT THIS IS JUST, UM GIVES HOPE TO A LOT OF THE CITIZENS OF PETER'S BERRY AND I WAS ABLE TO ADVOCATE FOR THAT AND ONE OF THE BIGGEST SURPRISES THAT WE HAD OF THE OF THE DAY WAS WE HAVE WITH THE NEW PHARMACEUTICAL MANUFACTURING. UM, CERTIFICATE. THAT YOU CAN GET FROM BRIGHTPOINT COLLEGE AND WE WERE THERE TODAY AND WAS RECOGNIZED PETER'S BERRY RESIDENT, A SINGLE MOM. WITH TWO CHILDREN WHO WAS UNDEREMPLOYED, BARELY MAKING ENDS MEET. SHE WAS THE FIRST TO GRADUATE FROM BRIGHTPOINT WITH THE FARMER MANUFACTURING CERTIFICATE AND HAS A CAREER NOW MAKING OVER 60 PLUS 1000 A YEAR ROUND APPLAUSE. IS THIS A TON OF PEOPLE THAT SAY THAT HEY, THESE JOBS AREN'T FOR RESIDENTS OF PETERSBURG. THAT'S NOT TRUE. THE PROOF IS IN THE PUDDING TODAY, AND IT WAS SO NICE TO HAVE HER THERE TO RECOGNIZE HER OF BEING THE FIRST JUST TO SHOW OUR YOUNG PEOPLE AND OUR YOUNG FAMILIES. THAT THERE IS A WAY. TO A LONG TERM CAREER IN NOT JUST WORKING JOBS, BARELY MAKING ENDS MEET, RELYING ON THE SYSTEM STILL BEING BEING ABLE TO DEPEND ON PUBLIC ASSISTANCE, BUT THIS IS A WAY OF US MOVING THE DOUBT ON THAT IS GETTING THESE HIGH SKILL MANUFACTURING JOBS HERE TO THE CITY. SO IT'S JUST THE BEGINNING , AND A BIG PART OF THAT WAS US GETTING, UM, THE MONEY FOR INFRASTRUCTURE. SO UM, I WAS PRESENTED THERE TODAY WITH THE FINANCIAL ASSISTANCE AWARD. I'M HERE TO THE CITY OF PETERSBURG AND WAS FOR THE PETERSBURG WATER AND WASTEWATER INFRASTRUCTURE PROJECT. WE ALREADY GOT $30 MILLION FROM THE COMMONWEALTH OF VIRGINIA. BUT THIS IS A NUMBER ANOTHER 8.8. 9,548,000. FOR WATER INFRASTRUCTURE DURING THE CITY. SO WE CAN'T DO THIS ALONE . BUT WANT TO THANK EVERYONE FROM THE CITY MANAGER TO, UM, OUR PUBLIC WORKS DEPARTMENT AND ENGINEERING WHO HAVE HELPED US APPLY FOR THE GRANT TO GET THIS FUNDING HERE. AND THIS RIGHT HERE TAKES A LOT OF THE BURDEN OFF OF OUR CITIZENS AND PETERSBURG AND MAKING IT NECESSARY UPGRADES TO OUR WATER AND SEWER SYSTEM, BUT ALSO THE FEDERAL GOVERNMENT ALSO SAW THE POSSIBILITIES OF HOW PHARMACEUTICAL MANUFACTURING CAN EXPAND IN THIS CITY OF PETER'S GREAT IF WE HAVE THAT WATER CAPACITY, AND THIS WOULD GIVE US THE WATER AND SEWER CAPACITY THAT WE NEEDED TO EXPAND. SO AGAIN, THANK YOU FOR EVERYONE FROM FROM JOANNE WILLIAMS, WHO HELP US PUT THIS PROPOSAL INTO.
UM, UM, NO. UM AT THE TIME. UM IN ENGINEERING. MR BARNES. ANDREW BARNES WAS A BIG PART OF THIS AS WELL. UM PAULA JOHNSON AND THE PUBLIC PUBLIC WORKS TEAM. WE HAVE SOME SOME EXTRA MONEY RIGHT HERE TO GET IT DONE. SO NOW FAILURE IS NOT AN OPTION. WE HAVE THE MONEY. LET'S GO TO WORK AND MAKE THIS HAPPEN TO MAKE DREAMS REAL HERE IN PETERSBURG, OKAY? THANK YOU.
NEXT TO MOVE ON TO ITEM 15 BUSINESS OVER PERT REPORTS FROM THE CLERK, MISS LUCAS. ANY ITEMS? ITEMS 16 BUSINESS OR REPORTS FROM THE CITY ATTORNEY NO REPORT, MR MAYOR. ALL RIGHT.
[17. Public Comments]
NEXT, WE MOVE ON TO ITEM. 17 WHICH WAS PUBLIC COMMENT WILL START OUT WITH MR COREY HARRIS.GOOD EVENING. COREY HARRIS, 23 16 ANDERSON STREET. GOOD TO SEE SOME OF YOU HAS BEEN A COUPLE OF YEARS. UM I WANT TO FIRST TALK ABOUT MY FRIEND. FLORENCE FARLEY. SOME OF YOU. I KNOW HER AS. THE FIRST MAYOR OF THE CITY OF PETERSBURG. A WOMAN. WHO WORKED AT CENTRAL STATE HOSPITAL, BUT SHE WAS A LOT MORE. ESPECIALLY TO ME. SHE WAS A FRIEND. SHE WAS A MENTOR. SHE PUSHED ME. WHEN NO ONE ELSE WILL WOULD EXCUSE ME. BUT LET ME SHARE A COUPLE OF THINGS ABOUT
[00:50:06]
HER THAT YOU PROBABLY DIDN'T KNOW. WHEN IT COMES TO, UH, DR FARLEY. VERY HOUSE THAT SHE STAYED THERE. SHE HAD NO CHOICE BUT TO STAY IN. WHEN SHE FIRST GOT THE HOUSE, SHE WAS INTIMIDATED. WELL, TRY TO INTERMENT. BY BUSINESS OWNERS. AND COUNCIL MEMBERS. BECAUSE IT WAS IT'S COMMERCIAL SPACE. AND FLORENCE FARLEY. TYPICAL FLORENCE VIOLET. SHE TO THE GROUND. SHE SAID SHE WASN'T GOING ANYWHERE. AND SHE STAYED IN THAT HOUSE WHEN SHE COULD HAVE LIVED ANYWHERE. UNTIL SHE DIED. SERIOUSLY. HOSPITAL. FLORENCE FARLEY. WHEN SHE FIRST GOT THE JOB. THEY FORCED HER TO EAT IN A CERTAIN AREA. BECAUSE THEY DIDN'T WANT BLACKS. TO SIT AT THE TABLE. AND. IT GOT SO BAD THAT THE GOVERNOR GOT INVOLVED. TO FORCE HER TO SIT AT A CERTAIN AREA. WE WANT TO CELEBRATE HER. BUT WE SHOULD HAVE CELEBRATED HER WHILE SHE WAS ALIVE. SHE DIDN'T AX. MUCH FROM ANY OF YOU. SHE DIDN'T ASK MUCH FROM CITIZENS. SHE JUST WANTED EVERYONE TO HAVE A VOICE. I AM TRYING TO HOLD BACK MY TEARS BECAUSE MOST OF YOU THINK THAT YOU KNEW HER, BUT YOU JUST DIDN'T SHE WANTED THE BEST FOR A CITY SHE LOVED THE CITY. AND SHE WANTED ALL OF YOU TO DO WHAT'S RIGHT FOR EVERYONE. EVERYONE. NOT JUST A SELECTIVE FEW.EVERYONE. AND IF THE CITY OF PETERSBURG IS TRULY GOING TO GROW WE CANNOT IGNORE. THE PEOPLE THAT ARE STRUGGLING. EVEN THOSE WHO ARE IN THE STREETS. EVEN THOSE WHO ARE USING GUNS.
WE NEED TO ASK THEM. WHY. NOW YOU SAY I M PETERSBURG. WHEN YOU SAY THAT YOU SHOULD SAY.
EVERYONE. YOU SHOULD FOCUS ON EVERYONE. YOU LOVE YOUR GOD. LOVE YOUR PEOPLE AS WELL. THANK YOU. THANK YOU. NEXT UP, MISS BARBARA RUDOLPH. THANK YOU. GOOD EVENING. GOOD EVENING COUNCIL.
TODAY I RECEIVED THE COUNCIL COMMUNICATES. THEY PUT IS POSTED THE DAY OF THE MEETING, AND, UM THIS WAS THE SUMMARY OF THE ANSWER THAT WAS PROVIDED FROM MY PRESENTATION TWO WEEKS AGO. IT SAYS CITY OFFICIALS BECAME AWARE OF THIS ISSUE, WHICH WAS THE REAL ESTATE TAX BILLING PROBLEM SHORTLY AFTER REAL ESTATE TAX BILLS WERE MAILED, THE CITY IS WORKING ON A SOLUTION THAT WILL NOT BE BURDENSOME TO TAXPAYERS. THIS WILL BE ANNOUNCED SOON. I FOUND THAT TO BE PRETTY UNDERWHELMING AND DISAPPOINTING. UM, AND HERE'S WHY. IT'S. WE KNOW IT'S AN ISSUE. IT'S AN ISSUE AND IT MAY BE VERY HARD TO SOLVE. I JUST SPOKE WITH MS FLOWERS. UM SHE IS WORKING ON THINGS, WHICH IS REASSURING TO ME SOMETHING TO PUT THAT IN THE POSITIVE PART, THEY'RE OUT THERE, BUT UM WHY IT'S NOT BEING SHARED WITH CITIZENS. IF INDEED , IT'S BEEN KNOWN ABOUT SINCE SHORTLY AFTER THE REAL ESTATE BILLS REMAIN BAILED IS PUZZLING . IT'S ALSO PUZZLING TO ME IF THIS WAS KNOWN TO CITY OFFICIALS EARLY IN SEPTEMBER, WHICH IS WHEN THE BILLS WERE MAILED. I DON'T UNDERSTAND WHY I CAME HERE ON SEPTEMBER 20TH AND TALKED ABOUT IT. AND I ALL OF YOU ARE SURPRISED. AT LEAST ALMOST ALL OF YOU WERE SURPRISED, AND SOME OF YOU ACTUALLY SPOKE TO THAT.
AT THE MEETING. UM THAT DOESN'T SEEM LIKE A GOOD THING FOR YOU AS COUNSEL IN CHARGE OF THE CITY TO BE BLINDSIDED BY SOMETHING LIKE THIS. SO IF I WERE YOU, I WOULD EVER MANAGEMENT CONCERN ABOUT THAT. UM I THINK WORKING ON A SOLUTION IS GOOD. UM DID NOT BEING BURDENSOME AS GOOD.
I'M ASSUMING YOU'RE STILL GOING TO GO AFTER THE MONEY BECAUSE WE NEED THAT REVENUE. BUT BAD NEWS DOESN'T GET BETTER WITH TIME. AH I COULDN'T FIND ANYTHING ON THE WEBSITE ABOUT IT. I LOOKED THROUGH ASSESSOR. COMMISSIONER OF REVENUE TREASURER AND COLLECTIONS, BUT THE ONLY THING I FOUND ON COLLECTIONS WAS UM, BACK IN SEPTEMBER. ONE OF THE RESPONSIBILITIES OF THE
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DEPARTMENT OF COLLECTIONS WAS PRINTING AND MAILING OF ALL PERSONAL PROPERTY AND REAL ESTATE TAX BILLS. NOW THAT IS THAT DESCRIPTION IS MISSING. WHICH IS INTERESTING. SO I GUESS NOBODY IS RESPONSIBLE FOR THAT. NOW IT JUST SEEMS LIKE A STRANGE WAY TO HANDLE IT. INSTEAD OF ACTUALLY PUTTING SOMETHING OUT THERE SO CITIZENS COULD LOOK AND SAY, WELL, THIS IS THERE'S A THERE'S AN ISSUE HERE. BUT THE CITY IS HANDLING IT. THEY GOT IT UNDER CONTROL. THEY'RE GOING TO FIX IT AND TELL US SOMETHING, AND I'M NOT TALKING ABOUT FINDING BLAME. I'M TALKING ABOUT JUST LETTING PEOPLE KNOW THAT THEY'RE GOING TO BE SURPRISED. AND I'LL JUST MENTION ONE EXAMPLE BECAUSE MAYOR PARENT BROUGHT IT TO MIND BY MENTIONING DR ABDULLAH, THE PRESIDENT OF VIRGINIA STATE. HE'S ONE OF THE ONES I LOOKED UP WHEN I WAS DOING MY STUDY. UM AND HIS HOUSE , UM, EXPERIENCED A GREAT HIGH APPRECIATION BETWEEN 22 23. SO HE'S HIS FIRST QUARTER BILL. WAS OVER $500 LESS THAN IT SHOULD HAVE BEEN. SO IT'S KIND OF EMBARRASSING. BE KIND OF EMBARRASSING TO GO BACK TO HIM AS JUST AS AN EXAMPLE OF AN INDIVIDUAL WHO IS GOING TO BE IN FOR A SHOCK. MINE WAS ONLY $27.54. LESS OR SOMETHING LIKE THAT, SO I CAN DEAL WITH IT. BUT $500 IS A LOT TO EXPECT CITIZENS TO DISS FIND OUT ABOUT SOMETIME. AND I'M SORRY IF I BOARD ANY OF YOU UP THERE, BUT I THINK IT'S A SIGNIFICANT ISSUE, AND I THINK THAT NOT BEING OPEN ABOUT IT DOESN'T MAKE IT BETTER. THANK YOU. THANK YOU. NEXT STEP, CONCLUDES OUR PUBLIC COMMENT.NEXT WE'LL MOVE ON TO ITEM 18. UM, ADJOURNMENT. ALL RIGHT. ALL RIGHT.
* This transcript was compiled from uncorrected Closed Captioning.