Ordinance appropriating $11,048,767 to the Recreation and Park Department for funding received from CAST Powerhouse QALICB, LLC (QALICB) consisting of a state grant, tax credit investments, private funding from Community Arts Stabilization Trust (CAST), and existing city appropriations for Geneva Car Barn and Powerhouse capital improvements in FY2017-2018; and placing $11,048,767 on Controller’s reserve pending receipt of a grant award from the state by the Recreation and Park Department, and written documentation of receipt of CAST equity and tax credit investments by QALICB.

What this record is

Held by

CAST Powerhouse QALICB, LLC

Amount

$11.0M

Runs until

no end date published in this record

Type

award

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Clerk of the Board

Introduced

December 12, 2017

Passed

February 9, 2018

Enacted

February 9, 2018

Enactment no.

018-18