REPORT TO THE CITY COUNCIL FROM: MICHAEL ROGERS, Assistant City Manager Office of Mayor and City Manager BY: KELLY TREVINO, Assistant Director Economic Development Department SUBJECT ..Title Approve the Third Amendment to the Agreement with the Fresno Area Hispanic Foundation for the Small Business Fa�ade Program adding $400,000 in additional funding and extending the term to December 31, 2025 ..Body RECOMMENDATION Staff recommends Council authorize this Third Amendment to the Agreement with the Fresno Area Hispanic Foundation for the Small Business Fa�ade Program adding $400,000 in additional funding and extending the term to December 31, 2025. EXECUTIVE SUMMARY The Small Business Fa�ade Program (Program) was originally approved by Council on August 10, 2023 with an effective date of September 28, 2023. The Program has since been amended twice to extend funding deadlines. This third amendment would add $400,000 in additional funding to provide fa�ade grants to qualified small businesses and non-profits located in the Downtown and Chinatown areas, with preference for businesses in the Infill Infrastructure Grant - Catalytic Qualifying Infill Area (IIGC) and extend the term of the agreement to December 31, 2025. BACKGROUND The Small Business Fa�ade Program (Program) was originally approved by Council on August 10, 2023 with an effective date of September 28, 2023. The Program currently provides fa�ade grants to qualified small businesses located in identified areas in Council Districts 1 and 4. Since inception, the Program has been amended twice in an effort to extend the deadlines for funding allocations. To date, funding has been granted to 30 entities. This Third Amendment would allocate an additional $400,000 to provide fa�ade grants to qualified small businesses and non-profits located in the Downtown and Chinatown areas, with preference for those entities located in the IIGC. As well as extend the term of the Agreement to December 31, 2025. ENVIRONMENTAL FINDINGS By the definition provided in the California Environmental Quality Act (CEQA) Guidelines Section 15378, these recommendations do not qualify as a "project" as defined by CEQA. LOCAL PREFERENCE Local preference does not apply to this action because this is an amendment to an existing agreement. FISCAL IMPACT Funding for this amendment was allocated through the FY 2025 budget in the Economic Development Department's general fund. Attachments: Third Amendment to the Agreement Original Agreement