§ 3-611. Small local business enterprise development program.

(a)

The director shall establish a small local business enterprise development program designed to assist SLBEs in identifying those organizations that have identified themselves as being able and willing to provide financial and other assistance to SLBEs including, but not limited to, bonding; financing; technical and managerial training and assistance; and referral, networking and outreach activities. The director may provide small business development services through the department but shall not provide financial assistance to any SLBE or take any action that would purport to obligate the city to guarantee or repay any debt incurred by any SLBE.

(b)

The small local business enterprise development program shall include, but shall not be limited to, facilitation of the following services:

(1)

Surety bond prequalification program through a third party source; and

(2)

Working capital loans through a third party source; and

(3)

On-site construction management services; and

(4)

Technical and managerial training and assistance; and

(5)

Referral, networking and outreach activities.

(Ord. No. 130041, § 6, 3-21-13)