City of Albuquerque - File #: R-22-40

• File #: R-22-40
• Type: Resolution
• Status: Enacted
• File created: 5/16/2022
• In control: City Council
• Final action: 6/6/2022
• Enactment date: 6/28/2022
• Enactment #: R-2022-047
• Title: Approving And Authorizing The Acceptance Of Grant Funds From The Department Of Commerce Minority Business Development Agency And Providing An Appropriation To The Economic Development Department For Fiscal Year 2023 (Pe?a, by request)
• Sponsors: Klarissa J. Peña (By Request)

Date	Action By	Action	Result
6/28/2022	City Clerk	Published
6/21/2022	Mayor	Signed by the Mayor
6/14/2022	City Council	Sent to Mayor for Signature
6/6/2022	City Council	Passed	Pass
5/16/2022	City Council	Introduced
5/16/2022	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY- FIFTH COUNCIL


COUNCIL BILL NO. R-22-40 ENACTMENT NO. ________________________

SPONSORED BY: Klarissa J. Pe?a, by request


RESOLUTION
title
Approving And Authorizing The Acceptance Of Grant Funds From The Department Of Commerce Minority Business Development Agency And Providing An Appropriation To The Economic Development Department For Fiscal Year 2023 (Pe?a, by request)
body
APPROVING AND AUTHORIZING THE ACCEPTANCE OF GRANT FUNDS FROM THE DEPARTMENT OF COMMERCE MINORITY BUSINESS DEVELOPMENT AGENCY AND PROVIDING AN APPROPRIATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT FOR FISCAL YEAR 2023.
WHEREAS, the Albuquerque Economic Development Department, in partnership with the Minority Business Development Agency and the MBDA New Mexico Business Center will benefit from additional funding appropriated in the Coronavirus Relief Act for the purpose of assisting Minority Business Enterprise in Albuquerque, in the state, and across the United States; and
WHEREAS, this non-competitive funding is for assisting minority business enterprises to prevent, prepare for, and respond to coronavirus, including identifying and accessing local, state, and federal government assistance related to such virus; and
WHEREAS, strong empirical evidence shows that promotion of diversity, equity, and inclusion is an effective strategy for improving profitability, creativity, governance, and problem-solving outcomes in the private sector; and
WHEREAS, under the leadership of Mayor Keller, the Albuquerque Economic Development Department has committed to a strategy that includes growth of local businesses, shifting more of the City's purchasing to Minority Business Enterprises; and
WHEREAS, the Department of Commerce Minority Business Development Agency promotes the growth of minority-owned businesses through public and private sector programs, policy, and research, operating through a national network of MBDA Business Centers;...