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Council adopts conservative eligibility for small‑business micro‑stabilization grants; fee waiver rules tightened
Summary
The council on July 14 approved narrowed eligibility rules for a $3.3 million micro‑stabilization grant program and tightened fee‑waiver terms so grants and waivers focus on small, brick‑and‑mortar Malibu businesses and city fees only.
The City Council on July 14 directed staff to use updated, narrower criteria for the city’s micro‑stabilization grant program and clarified a companion fee‑waiver program for post‑fire recovery. Staff reported that the city received 157 micro‑grant applications during the May open window totaling about $2.8 million against a $3.3 million budget. Because submissions exceeded staff’s capacity to award across the board, the Administration & Finance subcommittee recommended additional eligibility criteria to maximize the public benefit of awards and to prioritize small, local businesses. Key criteria the council…
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