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File #: 2025-0534    Version: 1 Name:
Type: Resolution Status: Introduced
File Introduced: 7/22/2025 In control: City Council
On agenda: 7/22/2025 Final action:
Effective date:    
Title: RESO Making Certain Findings, & Apv & Auth the Execution of an Amended & Restated Economic Dev Agrmt btwn the City & FOC QOF, LLC by the Mayor, or Her Desig, & Corp Sec, to Support the Restoration & Renovation by Company of: (1) Land & Bldgs Located at 2335 Market St, 2320 N Liberty St, & 2336 N Liberty St (the “Phase One Improvements”); & (2) Land & Bldgs Located at 2303 Market St (the “Phoenix Building Improvements”), & 2402 Market St, 2401 Hubbard St, & the Parcel Located at the SW Corner of Market St & 15th St E (the “Bunker Building Improvements” & Together with the Phoenix Building Improvements, the “Phase Two Improvements”), to Include Restaurant Improvements, Artists’ Studios, a Market Area, Co-Working Spaces, Event Space, Office & Retail Space; Auth a 50%, 15 Yr REV Grant in the Max Amt Not to Exceed $1,500,000 in Connection with the Construction of the Improvements; Apv & Auth a Phase One Installment Grant in the Amt of $1,000,000 to the Company, Payable After Demonstration o...
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE, RULES
Legislation Documents: 1. 2025-534 Original Bill, 2. 2025-534 On File, 3. 2025-534 LFS
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