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81363

Authorizing a loan to Fringe Salon Spa or its assigns in the amount of $80,000 to purchase a commercial property at 1423 South Park Street through the TID 51 Small Cap TIF loan program using TID #51 incremental revenue as authorized in the TID #51 Project Plan (RES-23-00208) adopted by the Common Council on March 7, 2023). (District 14)

Resolution Passed Introduced January 2, 2024

What this record is

Amount
$80K
Runs until
no end date published in this record
Type
purchase

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

Committee
Economic Development Division
Requested by
FINANCE COMMITTEE
Introduced
January 2, 2024
On agenda
January 23, 2024
Passed
January 23, 2024
Enacted
January 26, 2024
Enactment no.
RES-24-00060

Where it was heard

COMMON COUNCIL Jan 23, 2024 Adopt Unanimously Pass FINANCE COMMITTEE Jan 16, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL Jan 9, 2024 Refer Pass