New Hope Cuts Fees to Help Local Businesses

New Hope Cuts Fees to Help Local Businesses
Posted on 11/25/2020
New Hope is reducing business license fees to help alleviate economic impact local businesses are facing during the COVID-19 pandemic. At the Monday, Nov. 23 New Hope City Council meeting, council voted unanimously in favor of two resolutions to help the businesses most directly impacted by COVID-19 restrictions and shutdowns. On-sale liquor, bowling, secondhand dealer, tattoo and therapeutic massage business license fees will all be reduced for 2021.

New Hope’s on-sale liquor license holders will receive a reduction in the form of a 14 week proration, which totals $1,669 for each on-sale liquor license holder. The 14 weeks is reflective of the ten-week shutdown earlier in the year, under Gov. Tim Walz’s March 16 executive order, and the most recent four-week shutdown announced last week. The remaining business types will receive a 10-week proration in license fees, a reduction ranging from $19.23 to $92.31 per license. In total, 32 area businesses will receive the reduction in fee.

The city is also working closely with area businesses to create awareness of local relief opportunities available through Hennepin County Small Business Relief funding.