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ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026)

November 20, 2024 ·5:00 PM Approved

Virtual

Agenda — 16 items

  1. 1 1. Written Comments: You can send comments on agenda items to edc@cityofmadison.com 2. Register for Public Comment: • Register to speak at the meeting. • Register to answer questions. • Register in support or opposition of an agenda item (without speaking). If you want to speak at this meeting you must register. You can register at https://www.cityofmadison.com/MeetingRegistration. When you register to speak, you will be sent an email with the information you will need to join the virtual meeting. 3. Watch the Meeting: If you would like to join the meeting as an observer, please visit https://www.cityofmadison.com/watchmeetings. 4. Listen by Phone: (877) 853-5257 (Toll Free) Webinar ID: 864 8125 5544
  2. 2 CALL TO ORDER / ROLL CALL
  3. 3 APPROVAL OF MINUTES Approve the Minutes
  4. 4 PUBLIC COMMENT
  5. 1. Public Comment - EDC 11/20/2024 86038
  6. 6 DISCLOSURES AND RECUSALS
  7. 7 NEW BUSINESS
  8. 2. 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) 85778 Return to Lead with the Recommendation for Common Council to Adopt
  9. 9 DISCUSSION ITEMS
  10. 3. City of Madison Economic Development Plan Update 84376 Discuss and continue
  11. 4. Discussion Regarding the 2025 City Budget 82123 Discuss and continue
  12. 5. Presentation of the Economic Development Division 2021-2023 Report 85628
  13. 6. Economic Development Division Financial Assistance Dashboard 81529 Discuss and continue
  14. 7. Discussion regarding "Means Testing" for Economic Development Division Financial Assistance Programs 86039 Discuss and continue
  15. 8. Announcements and Future EDC Agenda Items
  16. 16 ADJOURNMENT Adjourn