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File #: 2025-0395-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 5/27/2025 In control: City Council
On agenda: 6/10/2025 Final action: 6/10/2025
Effective date: 6/23/2025    
Title: ORD-MC Amend Sec 3.106 (Method of Introduction of Certain Legislation), Ch 3 (Legislation; Legislative Records), Ord Code, to Allow the DIA to Req Introduction of Proposed Legislation from the CP; Amend 55.108 (Powers & Duties), Pt 1 (Downtown Investment Authority), Ch 55 (Downtown Investment Authority), Ord Code, to Reduce the Threshold of Certain Incentive Packages that Require City Council Appvl & Exclude Recapture Enhanced Value Grants (REV Grants) from This Provision, Extend the Final Yr of Eligibility for REV Grants to Tax Yr 2050, & Require DIA to Submit a 5-Yr CIP to the City Council when Submitting Its Annual Proposed Budget; Amend the City’s Public Investment Policy Authd by Ord 2016-382-E, & Subsequently Amend by Ord 2024-286-E, to Reflect the Changes Authd Herein; Auth the DIA to Revise the Business Investment & Dev Plan to Reflect the Changes Authd Herein; Prov for Codification Instructions; Req 1-Cycle Emerg Passage (Lopera) (Introduced by CMs Carrico & J. Carlucci) (Co-S...
Introducer and/or Co-Sponsor(s): Kevin Carrico, Joe Carlucci, Terrance Freeman, Rory Diamond
Assigned Committees: FINANCE, NCSPHS, RULES
Legislation Documents: 1. 2025-395 BIE, 2. 2025-395 Bill Summary, 3. 2025-395 NCSPHS Amd, 4. 2025-395 Original Bill
Final documents: 1. 2025-395-E, 2. 2025-395 On File