Authorizing a loan to Pequeños Traviesos LLC, or its assigns in the amount of $125,000 for real estate improvements to the commercial property at 119 Nygard Street 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 July 30, 2024

Committee: Economic Development Division
Requested by: FINANCE COMMITTEE
Introduced: July 30, 2024
On agenda: September 10, 2024
Passed: September 10, 2024
Enacted: September 13, 2024
Enactment no.: RES-24-00551

Where it was heard

COMMON COUNCIL Sep 10, 2024 Adopt Pass FINANCE COMMITTEE Aug 26, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026) Aug 21, 2024 Return to Lead with the Recommendation for Approval COMMON COUNCIL Aug 6, 2024 Refer Pass

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