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File #: 2025-0393    Version: 1 Name:
Type: Resolution Status: Public Comments - Regarding Economic Dev Investment Incentives
File Introduced: 5/27/2025 In control: City Council
On agenda: 6/10/2025 Final action:
Effective date:    
Title: RESO Making Certain Findings, & Apv & Auth the Execution of an Economic Dev Agrmt btwn the City & Project Rotunda, to Support the Expansion of Company’s Existing Manufacturing Facility within the City; Auth a 10-Yr Recapture Enhanced Value (REV) Grant in an Amt Not to Exceed $1,100,000; Apv & Auth the Execution of Docs by the Mayor, or Her Desig, & Corp Sec; Auth Appvl of Technical Amdts by the Exec Director of the OED; Prov for Oversight by the OED; Prov a Deadline for the Company to Execute the Agrmt; Affirming the Proj’s Compliance with the Public Investment Policy Adopted by Ord 2024-286-E; Req 2-Reading Passage Pursuant to Council Rule 3.305 (Sawyer) (Req of Mayor) 5/27/25 CO Introduced: F 6/3/25 F Amend/Approve 5-0
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE
Legislation Documents: 1. 2025-393 Original Bill, 2. 2025-393 LFS, 3. 2025-393 On File