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92735

SUBSTITUTE Amending the 2026 Economic Development Division Capital Budget and authorizing the Mayor and City Clerk to execute a development agreement to fund a $2,800,000 Tax Incremental Finance Loan to assist in the renovation and development of office, manufacturing, and research and development space for Realta Fusion, Inc. at 910 Mayer Avenue in the Project Plan area of TID 54 (Pennsylvania Ave). (District 12)

Resolution Passed Introduced April 14, 2026

What this record is

Held by
Realta Fusion, Inc
Amount
$2.80M
Runs until
no end date published in this record
Type
amendment
Field
Construction

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

Committee
Economic Development Division
Requested by
FINANCE COMMITTEE
Introduced
April 14, 2026
On agenda
June 9, 2026
Passed
June 9, 2026
Enacted
June 10, 2026
Enactment no.
RES-26-00339

Where it was heard

COMMON COUNCIL Jun 9, 2026 Adopt Unanimously Pass FINANCE COMMITTEE Jun 1, 2026 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass COMMON COUNCIL May 19, 2026 Refer Pass