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Mayor, council staff propose emergency loans, rental assistance and barricade funding to support businesses and workers affected by Main Street fire
Summary
Administration proposed a budget amendment package to aid businesses and workers affected by a downtown Main Street fire, including a short‑term emergency loan program, rental assistance for displaced employees, and barricade funding for pedestrian safety; council approved a straw poll to fund temporary barricades.
Salt Lake City’s administration presented a multi‑part budget amendment Sept. 2 to support businesses and employees affected by a recent Main Street fire. The package includes a proposed emergency loan program for impacted businesses, a rental assistance allocation for displaced employees and a request for up to $80,000 in one‑time general‑fund spending on temporary pedestrian barricades.
The proposed emergency loan program would reactivate a previously used Economic Development Loan Fund model to provide bridge financing while businesses resolve insurance and reconstruction timelines. Staff described basic proposed terms: loans up…
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