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18-278

Request by Council Member Akeson for the Following: A. REQUEST TO RECONSIDER Item No. 18-278. Communication from the City Manager with a Request for the following: A. APPROVE a REDEVELOPMENT AGREEMENT with PEORIA OPPORTUNITIES FOUNDATION for an Infill Housing Development Project, in the Amount of $300,000.00, to be Funded from the EAST VILLAGE GROWTH CELL TIF Fund Balance. B. ADOPT an ORDINANCE Amending the CITY OF PEORIA 2018 - 2019 BIENNIAL BUDGET Relating to the Use of the East Village Growth Cell TIF Fund Balance Relating to the Redevelopment Agreement With Peoria Opportunities Foundation for an Infill Housing Development Project, in the Amount of $300,000.00. (NOTE: This requires a 2/3 vote of those voting.)

Ordinance Adopted Introduced August 31, 2018

What this record is

Held by
Peoria Opportunities Foundation
Amount
$300K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract

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

Committee
City Council
Introduced
August 31, 2018
On agenda
October 9, 2018
Passed
October 9, 2018
Enacted
October 9, 2018
Enactment no.
ORD 17,620

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