As part of the American Rescue Plan under the Economic Aid to Small Businesses, Nonprofits, and Venues Act the Small Business Administration (SBA) Office of Disaster Assistance administered the Shuttered Venues Operators Grant. Orlando Venues qualified for and was awarded $7,652,889.44 as part of the first round of funding. A supplemental phase was opened for eligible entities and Orlando Venues qualified for and was awarded an additional $2,347,110.56. This supplemental funding combined with the initial award of $7,652,889.44 brings the total award under the grant to $10,000,000.

Fiscal impact statement attached.

Approving City Council and the Mayor to ratify and accept the Award for the Shuttered Venues Operators Grant, and authorizing Orlando Venues the authority to manage the grant, submit reports and properly close out the grant.