Funding Business Grants

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Kassandra Raymond

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Feb 23, 2022, 7:31:23 PM2/23/22
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Hello, we’re considering funding a business grant to create a commissary/commercial kitchen within our City limits. We’re looking at a variety of different funding mechanisms, but are curious if anyone has used any kind of contractual requirement to warranty that the business will be a going concern for a specific time period. We’re trying to see if there’s a way to protect the City’s investment in case the business ceases operations within just a few months.

 

Appreciate any insight, thanks!

 

Kassandra Raymond | Chief Financial Officer

City of Sumner

1104 Maple Street

Sumner, WA 98390

Phone: 253-299-5541

www.sumnerwa.gov

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