Stories indexed with the term ‘U.S. Small Business Administration’

County Micro Loan Program Gets Final OK

After postponing action at their Sept. 18 meeting, Washtenaw County commissioners gave final approval to a new countywide micro loan program for small businesses. The action took place at the county board’s Oct. 2, 2013 meeting on an 8-1 vote, over dissent from Dan Smith (R-District 2).

Initial approval had been given on Sept. 4, and the item had been on the Sept. 18 agenda for final approval. However, at that Sept. 18 meeting only six of the nine commissioners were present, and supporters of the program didn’t think there were sufficient votes to pass the measure at that time so a final vote was postponed.

Under the county board rules, a resolution requires votes from “a majority of the members elected … [Full Story]

County Micro Loan Program Postponed

Washtenaw County commissioners postponed final action on a new countywide micro loan program for small businesses until their Oct. 2, 2013 meeting. They took the vote at the Sept. 18 meeting with only six of the nine commissioners present.

Andy LaBarre (D-District 7) made the motion to postpone, but did not state a reason during the meeting and there was no discussion on the item. When queried after the meeting by The Chronicle, LaBarre indicated that with three commissioners absent – Felicia Brabec (D-District 4), Rolland Sizemore Jr. (D-District 5) and Ronnie Peterson (D-District 6) – it was unclear whether there were sufficient votes to pass the measure. Under the county board rules, a resolution requires votes from “a majority of the members … [Full Story]

County Acts on Micro Loan Program

A countywide micro loan program for small businesses was given initial approval at the Sept. 4, 2013 meeting of Washtenaw County board of commissioners. The resolution, which will likely receive a final vote on Sept. 18, would authorize the county’s office of community & economic development to contract with the Center for Empowerment and Economic Development to manage this program. CEED already handles a smaller micro loan program focused on the eastern side of the county. [.pdf of CEED micro loan proposal]

Dan Smith (R-District 2) cast the sole vote of dissent against this program, saying he objected to using taxpayer dollars for a program where funds are allocated without the opportunity for input at public meetings.

Micro loans would … [Full Story]