35 AGENDA ITEM BACKGROUND TO: GOVERNING BOARD DATE FROM: PRESIDENT October 8, 2012 SUBJECT: Small Business Development Center Grant REASON FOR BOARD CONSIDERATION ENCLOSURE(S) ITEM NUMBER ACTION Page 1 of 1 A.5 Background Cabrillo’s Central Coast Small Business Development Center will be awarded a $25,000 grant from the City of Santa Cruz Economic Development Department. This funding will support a business technical assistance program for Santa Cruz City businesses for the 2012-2013 fiscal year. Fiscal Impact An increase of $25,000 in revenue and expenditures. Recommendation It is recommended that the Governing Board accept the $25,000 grant from the City of Santa Cruz Economic Development Department. It is further recommended that the Board authorize the Vice President of Administrative Services to execute and make all necessary arrangements in relation to this grant agreement and any future amendments on behalf of the college. Administrator Initiating Item: Rock Pfotenhauer, Dean, CEED Wanda Garner, Dean, NAS Kathie Welch, Dean HAWK Academic and Professional Matter If yes, Faculty Senate Agreement Senate President Signature Yes No Yes No Final Disposition Approved