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The Downtown Design Assistance Loan Pro4ram provides aloes-interest, short-term <br />loan to small businesses in the downtown area to maintain the appearance of their <br />buildings. The funds may be used for general types of activities such as technical <br />design assistance (e.g., for the costs of professional architectural services to develop <br />plans for building improvements); construction work for minor fagade renovations and <br />storefront remodels; installation of upgraded business signage; improvements related to <br />historic preservation; implementation of improvements necessitated by URM <br />(unreinforced masonry) building renovations. The loan shall not exceed $10,000 for a <br />term of five years. The loan principal may be prepaid all or in part at any time without <br />the payment of penalties or premiums. <br />The program was initiated in 1994 using funds from the City's federal Community <br />Development Block Grant (CDBG). Based on changes in how CDBG funds are used, <br />the program is currently being funded by the Ciry's General Fund. <br />In partnership with other Tri-Valley cities, the City of Pleasanton supports initiatives to <br />connect local employers with local employees, including the Tri-Vallev Emolovment Fair <br />and the Teen Job Fair, as well as www.trivalleviobs.com The Tri-Valley Employment <br />Fair held at Las Positas College hosted more than 600 attendees, and the Teen Job <br />Fair continues to be a successful venue for part-time positions for our youth. In <br />December 2008 alone, the trivalleyjobs.com website emailed more than 7,566 job <br />listings to prospective employees and more than 31,252 full job listings were viewed. <br />In 2007, the Tri-Valley cities developed a partnership with the East Bay Small Business <br />Development Center (SBDC) to offer a curriculum of businesses classes to assist small <br />to medium-sized businesses and start-ups through courses, assistance, and business <br />counseling. The seminars cover topics ranging from creating a business plan, to e- <br />marketing, to human resource management, and each class attracts more than 50 <br />attendees. These classes rotate through each of the Tri-Valley cities and are free to any <br />business owner or resident of the Tri-Valley. <br />Most recently, the City has focused additional attention on supporting the work of the <br />Pleasanton Downtown Association and more directly the merchants in the downtown <br />commercial district. Staff directed a holiday marketing campaign designed to encourage <br />Tri-Valley residents to patronize the downtown, and continues to work with the <br />downtown businesses on promoting the district as a vibrant and vital hub of the <br />community. <br />Programs for consideration <br />The City recognizes that many of our businesses may be facing financial challenges <br />due to the current economic downturn. To that end, it is timely to consider instituting <br />additional programs to supplement the City's ongoing support. Staff has identified <br />several ideas that could be piloted either in the downtown commercial district or more <br />broadly throughout Pleasanton. These ideas are conceptual and would warrant <br />additional development by the economic Vitality Committee prior to implementation. <br />Page 6 of 8 <br />