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Home My WebLink About1.15 attachment GreaterOshkoshEDC_ERL_OshkoshCityLetter_December 2020 January 12, 2021 Mark Rohloff City of Oshkosh 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 RE: Greater Oshkosh COVID-19 Emergency Response Loan – Monthly Summary – December 2020 Dear Mr. Rohloff: The Greater Oshkosh Economic Development Corporation appreciates the opportunity to administer the Greater Oshkosh COVID-19 Emergency Response Loan Fund (ERL). The Greater Oshkosh EDC Board of Directors and Revolving Loan Fund Committee believe that this program provides, and will continue to provide, necessary cashflow for businesses affected by COVID-19 pandemic as it continues to impact our community. Greater Oshkosh EDC continues to offer monthly updates to the council on ERL activity and this letter serves as that update. A total of twenty loans have been approved by the Greater Oshkosh ERL program and disbursed. To date, the Greater Oshkosh ERL has committed $195,000, with $855,000 available in remaining funds. We received multiple inquiries into the program this month with two being submitted and one approved by the committee. In addition, the staff continues to work with the existing recipients on setting up payments or offering additional deferral of principle as needed. The program has helped support their business in this difficult time tremendously and the continued flexibility is very appreciated. Please let us know if you know of any businesses in our area that could use assistance from this fund. Please find attached a report we have provided with further detailed information on this fund. Please contact us anytime at (920) 230-3322 if you have questions or to provide more information. Sincerely, Jason E. White, CEO Greater Oshkosh Economic Development Corporation cc: Lori Palmeri, Mayor Jake Krause, Deputy Mayor Debra Allison-Aasby, Council Member Bob Poeschl, Council Member Matt Mugerauer, Council Member Michael Ford, Council Member Lynnsey Erickson, Council Member Allen Davis, Community Development Director REPORT: Greater Oshkosh COVID-19 Emergency Response Loan Fund December 2020 FUNDS DISTRIBUTED: Company Amount Loaned Amount Outstanding Location First Payment Forward Equine Veterinary Services $10,000 $9,246.10 Town of Oshkosh 11/1/20 Star Protection & Patrol $10,000 $9,460.02 City of Oshkosh 11/1/20 MToxins Venom Lab $10,000 $10,000 City of Oshkosh 5/1/21 Trio Academy $10,000 $0.00 City of Oshkosh Paid in Full Habitat for Humanity Restore $10,000 $9,432.86 City of Oshkosh 11/1/20 Cornerstone Processing $10,000 $9,460.02 City of Oshkosh 11/1/20 LeRoys Bar $10,000 $9,460.02 City of Oshkosh 11/1/20 Hot Dog Charlies $10,000 $10,000 TID-16 6/1/21 Hendrickson Chiropractic $10,000 $10,000 City of Oshkosh 6/1/21 Park Ave Bar $ 5,000 $4,865.12 City of Oshkosh 12/1/20 On the Loos Cruises $10,000 $10,000 TID-16 6 /1/21 Friday’s Auto Deals $10,000 $9,730.24 City of Oshkosh 12/1/20 Krueger Family Chiropractic $10,000 $9,730.24 Town of Algoma 12/1/20 Cutting Edge Services $10,000 $10,000 City of Oshkosh 6/1/21 Quality Services – Joe Lentz $10,000 $10,000 City of Oshkosh 3/1/21 Party Supply and Rental $10,000 $10,000 City of Oshkosh 7/1/21 First Care Chiropractic $10,000 $10,000 City of Oshkosh 2/1/21 JJ’s Drinks & Dining (Jansen’s) $10,000 $10,000 TID-16 3/1/21 The Cellar $10,000 $10,000 City of Oshkosh 6/1/21 NextJen Studios LLC $10,000 $10,000 City of Oshkosh 7/1/21 TOTAL $195,000 $181,384.62 FUND OVERVIEW: Two applications for the COVID-19 Emergency Response Loan were received in December. One application was reviewed and approved by the committee with the other one being tabled requiring additional information. One business was scheduled to begin payment in January and opted for an additional six-month deferral of principal. The other businesses have continued to make scheduled payments. AWARENESS There was additional interest as the 2020 calendar year came to a close and the COVID-19 pandemic continued to cause hardships on local businesses. With additional federal assistance being offered in January, the inquiries may slow, however, we know that many businesses are still struggling to keep themselves viable in 2021. Thank you to the Oshkosh Common Council members, City of Oshkosh staff, and the Greater Oshkosh EDC board of directors for supporting Greater Oshkosh EDC efforts in the administration of these funds and for providing resources. Please encourage potential borrowers with whom you interact to contact us for assistance. 1331 Algoma Boulevard, Oshkosh WI 54901 • 920.236.5799 • oshkoshmuseum.org MEMO TO THE MUSEUM BOARD January 15, 2021 To the Board, Museum Curiosities has been removed and the gallery is being prepared for the Star Wars toy exhibition. Installation of the toys begins on Monday and will last two days. As you might have seen or heard, the Museum has already received superb media attention related to this, including from a major Milwaukee area radio station, WTMJ. Our new ticket reservation system, called Ticketleap, is working extremely well. Using Ticketleap helps us control visitor numbers, which is critical given building limitations. I appreciate your feedback related to my email earlier this week. There is no decision that is so urgent right now that it merits meeting in person. I expect that given the vaccine and declining cases, that we may be able to resume in-person meetings in spring. Like everyone else, I will be relieved when the pestilence is over and we can resume a normal life. In regard to the potential Christmas exhibition, I would like to emphasize that a decision has not been made by the owner. We are optimistic that the Oshkosh Public Museum will be selected when the decision is made next month, but until then we must wait. Collection staff had a brief meeting regarding the year’s exhibition projects, which are significant. Staff must remain focused, but the short and long term rewards will be well worth the year’s intense effort. We did have promising news from Split Rock Studios. The designer we used for People of the Waters, Travis Wood, might be available to work on Deep Roots, Growing City. Travis left Split Rock and moved to California. As you know, that state is in disarray from the pandemic and so Travis is doing freelance work. The team would very much welcome working with him again, as he not only has fantastic design skills, but also knows the structural limitations of the Sawyer home. I expect we’ll know within the next two or three weeks whether he is available. Our proposed kick-off date for Deep Roots design work is April. This week Theresa and I had a brief Zoom meeting with the Oshkosh Area Community Foundation regarding the Capital Campaign Fund. You might recall that over the years there have been Board questions and concerns about earnings and fees for the fund. Bill Wyman arranged a meeting about this and as a result, I changed the fund to a Designated Fund rather than a Special Projects Fund. This will enable better investment and reduced administrative fees. There is currently just over a half million dollars in that fund. In other news, we are working to get two capital improvement projects moving forward (cement/masonry work and landscaping). Exhibit Technician Greg Witthun will be refinishing the bannister on the Sawyer home grand stairs, as well as the ten newel post caps. These features experienced accelerated finish wear as a result of daily Covid cleaning. Greg has done four newel caps thus far and they look splendid. Amy Fels’ second week is behind her and she has things well in-hand. Amy will be introduced to the Common Council (virtually) on January 26. And finally, a reminder that our first “Museum Monday” program is January 18, beginning at 1:00. The first program will be given by Ginny Gross and is about members of the Sawyer family. The program is free and you can register through the Museum website. So far there are over 50 people signed up. That ends the week and I hope you have a pleasant weekend. Brad Larson