UPDATE ON BUSINESS RETENTION PROGRAMS FOR RESTAURANTS [L. BIERY, P. KESPRADIT, O. JONES]
Agenda • 2026-01-20 • Item E.2
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AI Summary
Using city funds, this proposal would cost residents approximately $250,000 to support local restaurants through a one-time grant program. This initiative aims to bolster the restaurant industry in West Hollywood by providing financial relief and exploring additional economic stimulus measures, such as tax and fee reductions.
How does this affect you?
For residents, this means that local restaurants may receive financial support, potentially leading to more stable dining options and preserving local jobs. If you own or frequent restaurants in West Hollywood, you might see these businesses benefit from grants of up to $12,500, which could help them stay open and maintain service quality.
Fiscal impact
$250,000 from General Fund Reserves