Jacob Frey: “$5 million being transferred from the downtown assets fund…”

“That's another key part. There will be instances where it just doesn't make sense. And so we're going to be exploring each one issue by issue. $5 million being transferred from the downtown assets fund to a small business fund that's being proposed. Yeah, we're still exploring that right now. Obviously, we heard about the proposal coming from council members. What I will reiterate is that there isn't just free money. Yes.” (25:49–25:56)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.