At its regular meeting on Wednesday morning, the three-member board of Monroe County commissioners approved the 10th and probably final round of grants as part of its program to give relief to businesses and nonprofits that have been impacted by the COVID-19 pandemic.
That brought the total amount awarded by the county to right around $400,000, distributed to over 30 different entities involved in tourism-related enterprises.
The total amount of tax proceeds recommended by the food and beverage tax advisory commission (FABTAC) for the purpose COVID-19 relief by the county was $400,000.
One of the awards given by commissioners on Wednesday morning was a $10,000 loan to a previous grant recipient, Trailhead Enterprises. The money, which will pay for an air-conditioning unit, is supposed be paid back by Aug. 1, according to county attorney Margie Rice.
The other two grant awards on Wednesday went to Rising Star Gymnastics for $25,000 and The WonderLab Museum of Science, Health & Technology for $65,000.
Even though it’s physically located inside the Bloomington city limits, the Monroe County History Center is now eligible for a grant through an already established county government program that’s designed to support businesses and nonprofits impacted by the COVID-19 pandemic.
That’s the specific effect of a decision made at a Tuesday afternoon meeting of the food and beverage tax advisory commission (FABTAC). But the FABTAC’s decision applies to any entity “whose purpose and mission is to support the entire county in tourism related endeavors.”
What’s new for the county’s grant program is the suspension of a rigid geographic requirement that a grantee be located outside the Bloomington city limits.
Last Wednesday, Monroe County commissioners awarded about $21,000 more in grants to pandemic-affected tourism-related businesses outside the city limits of Bloomington. That brings the total amount awarded by the county to $266,442.
The food and beverage tax advisory commission (FABTAC), has recommended that the county can use up to $400,000 of such tax tax proceeds to help businesses recover from the impact of COVID-19.
Bloomington has a corresponding loan program for up to $2 million of food and beverage tax proceeds. Through last Wednesday, the city’s loan numbers looked the same as the week before—$939,600 has been awarded to 34 businesses. All of the submitted applications had been processed as of last Wednesday.
At Wednesday’s regular meeting of Monroe County’s commissioners, another $5,000 COVID-19 relief grant was made to a tourism-related business outside Bloomington city limits, using food and beverage tax proceeds.
The breakdown for Pili’s Party Taco’s use of the $5,000 grant is: $1,800 rent; $1,200 insurance (truck and supplies); and $2,000 for employee salaries.
At a Tuesday afternoon meeting, the food and beverage tax advisory commission (FABTAC) recommended another $200,000 for Monroe County officials to allocate to tourism-related businesses that have been impacted by the COVID-19 pandemic.
That brings to $400,000 the total recommended by the FABTAC for the county’s COVID-19 relief program.
The county’s grant program for COVID-19 business relief is just for tourism-related businesses outside the Bloomington city limits.
The city of Bloomington has a similar program using its own share of the food and beverage tax proceeds, but the allocations to businesses inside the city limits are being made as loans, not grants. The city’s program taps $2 million from the city’s share of food and beverage tax proceeds.
The county council will have an ordinance on its May 12 agenda next week to appropriate the additional money recommended on Tuesday by the FABTAC. The following day at their regular meeting, the county commissioners expect to be able to make some additional grant allocations to businesses.