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PRES 1 - ARPA Business Resiliency ProgramAr� P,,-\ l�IPr]('y P Dr _rP P) 41k CITY f Federal Way r� II IJ �tl Jl� r�rr�llf (r r D F�AcJ) POIJ C�y � � � c � � r� ❖Should the City of Business Resiliency Federal Way use ARPA funds for a Program that includes the purchase of two (2) additional mobile surveillance units (MST) and administration of a business broken window grant program? J J � p�l���C APRA Budget Approved Funding for BRP: $100YOOO Business Broken Window Fund $2209000.00 $120yOOO Mobile Surveillance Trailer (MST) IV10611e ve1r)ce_rer *:*Currently, 4 MST's are existing with the FW Police Department *:*Adding 2 additional trailers brings total to 6 Circulating 6 units bi-weekly to high crime properties near businesses and by business request E) 1, 1 �'i') I f I P-, �") L) � n VVI, r) d 0 \IV P I'l n d *:*Partner with Evergreen Business Capital to administer program Evergreen specializes in small business loans, Community Advantage Loans, and development financing institution Program Length -approximately 9 months (beginning on contract execution) *:*Businesses apply online, are vetted through Evergreen and who will also grant the funding ' r I lI -r �� ll� - r l -V(]r1i-r-),c-r-lr-Pr (�i-Vyof"f"P—, 1P,rc-)I wr-ly,cl0fn 0 2 � 5 � �- - -3- S -r� /-le 9 41k CITY f Federal Way 0