Authorizing a loan to Little Tibet Market & Café or its assigns in the amount of $125,000 for real estate improvements to the commercial property at 1113 North Sherman Avenue through the TID 54 Small Cap TIF loan program using TID #54 incremental revenue as authorized in an amendment to the TID #54 Project Plan (RES-23-00507) adopted by the Common Council on July 25, 2023. (District 12)

Committee

FINANCE COMMITTEE

Requested by

FINANCE COMMITTEE

Introduced

October 22, 2024

On agenda

November 26, 2024

Passed

November 26, 2024

Enacted

November 27, 2024

Enactment no.

RES-24-00685

Where it was heard

COMMON COUNCIL Nov 26, 2024 Adopt Unanimously Pass ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026) Nov 20, 2024 Return to Lead with the Recommendation for Common Council to Adopt FINANCE COMMITTEE Nov 18, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL Oct 29, 2024 Refer Pass

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