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81366

Providing Fringe Salon Spa or its assigns a $113,750 loan to purchase a commercial property at 1423 South Park Street through the Commercial Ownership Assistance program funded by the TID 51 Small Business Development programs 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
$114K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
purchase

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

Committee
ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026)
Requested by
FINANCE COMMITTEE
Introduced
January 2, 2024
On agenda
January 23, 2024
Passed
January 23, 2024
Enacted
January 26, 2024
Enactment no.
RES-24-00061

Where it was heard

COMMON COUNCIL Jan 23, 2024 Adopt Unanimously Pass ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026) Jan 17, 2024 RECOMMEND TO COUNCIL TO ADOPT FINANCE COMMITTEE Jan 16, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL Jan 9, 2024 Refer Pass

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