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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