File #: 2023-0015-A    Version: 1 Name:
Type: Resolution Status: Adopted
File Introduced: 1/10/2023 In control: City Council
On agenda: 1/24/2023 Final action: 1/24/2023
Effective date: 1/25/2023    
Title: RESO Apv & Auth the Execution of an Amended & Restated Economic Dev Agrmt btwn the City & Flexcold, LLC & 11180 Blasius Rd, LLC, to Support the Creation of Company’s Operations at a New Facility Located at Generally at 11180 Blasius Rd Within the City; Auth a Revised 5-Yr REV Grant in the Max Amt of $2,500,000, Which Increases the Max Amt Thereof by $1,400,000; Apv & Auth the Execution of Docs by the Mayor, or His Designee, & Corp Secretary; Auth Appvl of Technical Amends by the Executive Dir of the OED; Prov for Oversight by OED; Prov a Deadline for the Company to Execute the Agrmt; Affirming the Proj’s Compliance with the Public Investment Policy Adopted by Ord 2022-372-E, as Amended; Req 2-Reading Passage Pursuant to Council Rule 3.305 (Sawyer) (Introduced by CP at Req of Mayor) 1/10/23 CO Introduced: F 1/18/23 F Approve 5-0 1/24/23 CO Approve 17-1 (Diamond)
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE
Legislation Documents: 1. 2023-15 Original Bill.pdf, 2. 2023-15 LFS.pdf, 3. 2023-15 Bill Summary
Final documents: 1. 2023-15-A, 2. 2023-15 Exhibit 1.pdf, 3. 2023-15 On File.pdf