Berthoud Weekly Surveyor | Covering all the angles in the Garden Spot

Trustees approve Local Business Relief Program for Berthoud businesses

May 01, 2020 | Local News

By Rudy Hemmann

The Surveyor

The Berthoud Board of Trustees held a regular business meeting Tuesday evening and took action on the Local Business Relief Program which town staff presented to the trustees during the meeting of April 21.

An information sheet regarding the program states in part:

“While the economic assistance programs that the federal government enacted have been positive, as of 4/16/2020 all Small Business Administration EIDL (Economic Injury Disaster Loan) and PPP (Paycheck Protection Program) funding made available under the CARES Act has been exhausted. While the SBA and the U.S. Treasury are asking Congress to make additional funding available, Town staff feels it is even more important now to institute a local program for immediate local business relief.”

The information sheet continues:

“Town staff has been discussing a variety of business support programs. At the prior meeting, a program was approved to allow businesses to defer utility payments for bills accrued in March, April and May, through the end of 2020 with no interest or penalties for accounts in good standing. As the COVID pandemic continued, Town staff has been interacting with regional partners in economic development to consider a variety of programs being implemented across Northern Colorado. After much discussion and consideration, staff has prepared an outline for a program for the Board to consider. This program would deliver money directly to businesses via a rebate of sales taxes. In general, the outline of the program is as follows:

Applicant must have a current Town Business Tax Certificate that was issued by the town prior to Jan. 31, 2020.

Place of business must be physically located in the Town of Berthoud limits.

Payments must be made to the business or DBA, not an individual.

Applicant must attach sales tax filing forms from December 2019, January 2020 and

February 2020 (assuming you are a monthly filer). The amount of sales taxes paid to the Town of Berthoud for these three months will be used in calculating the relief payment.

Applicant will also attach filings from March 2019 and March 2020 to demonstrate a loss of revenue due to COVID.

If the applicant cannot demonstrate a loss of revenue, they are only eligible for the minimum relief payment ($2,000).

If the applicant has been in business for less than one year, and cannot demonstrate a loss of revenue versus 2019, the applicant is the only eligible for the minimum payment ($2,000).

If the applicant is a quarterly filer (less than $300 sales tax per month) the applicant is only eligible for the minimum payment ($2,000).

All other applicants who demonstrate a loss of revenue due to COVID-19 restrictions will receive a payment equal to 50% of the sales taxes paid to the Town of Berthoud in

December 2019, as well as January and February 2020 (minimum of $2,000 and a maximum of $10,000).

December 2019, as well as January and February 2020 (minimum of $2,000 and a maximum of $10,000).

The Town will set aside $300,000 from the General Fund Reserve for the relief fund and it will be distributed on a first-come/first serve basis.

Applications will be accepted beginning April 29, 2020. Processing may take up to 2 weeks. Checks will be mailed to the business address that is included on the application.”

A motion to approve the above was made, seconded and approved by a vote of six to 0 with trustee Hardy abstaining.

The Trustees briefly discussed extending the administrative suspension of consideration of oil and gas permit applications which will expire May 3. However, Town Administrator Chris Kirk noted that there had been no requests for exploration, and he did not expect there would be any interest considering the current low price of oil.

An IT professional services contract between the town and Anchor Network Solutions, Inc. and a resolution approving certain municipal offices were both approved without comment by the trustees. The municipal offices and the current office holders are:

Town Administrator Christopher Kirk; Town Attorney Erin Smith; Town Clerk Christian R. Samora; Town Clerk Pro-Tempore Michelle J. Adams; Town Treasurer Cindy Leach; Chief of Police James Anderson; Municipal Judge Stewart Olive & Sunita Sharma.

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