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Authorizing a loan to Revive Restoration, Inc., or its assigns in the amount of $100,000 for real estate improvements to the commercial property at 925 Applegate Road through the TID 51 Small Cap TIF loan program using TID #51 incremental revenue as authorized in an amendment to the TID #51 Project Plan (RES 23-00208 adopted by the Common Council on March 7, 2023). (District 14)

Resolution Passed Introduced April 29, 2024
Committee
FINANCE COMMITTEE
Requested by
FINANCE COMMITTEE
Introduced
April 29, 2024
On agenda
May 21, 2024
Passed
May 21, 2024
Enacted
May 24, 2024
Enactment no.
RES-24-00348

Where it was heard

COMMON COUNCIL May 21, 2024 Adopt Pass ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026) May 15, 2024 Return to Lead with the Recommendation for Common Council to Adopt FINANCE COMMITTEE May 13, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL May 7, 2024 Refer Pass