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ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026)

September 11, 2024 ·5:00 PM Approved ·Date changed from 9/18/24 to 9/11/24

Virtual

Agenda — 15 items

  1. 1 The City of Madison is holding the Economic Development Committee meeting virtually to help protect our community from the Coronavirus (COVID-19) pandemic. 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
  4. 4 PUBLIC COMMENT
  5. 1. Public Comment - EDC 9/11/24 85104
  6. 6 DISCLOSURES AND RECUSALS
  7. 7 NEW BUSINESS
  8. 2. Providing CocoVaa Chocolatier or its assigns a $250,000 loan to purchase a commercial property at 10 Odana Court through the Commercial Ownership Assistance program under the Small Business Equity and Recovery Program (SBER) using the American Rescue Plan Act of 2021 (ARPA) aid Local Fiscal Recovery funds and authorizing the Mayor and City Clerk to sign an agreement with CocoVaa Chocolatier or its assigns for that purpose. (District 19) 85039 Return to Lead with the Recommendation for Approval
  9. 9 DISCUSSION ITEMS
  10. 3. City of Madison Economic Development Plan Update 84376 Discuss and continue
  11. 4. Discussion regarding upcoming EDC meeting dates and locations 84371 Discuss and continue
  12. 5. Discussion Regarding the 2025 City Budget 82123 Discuss and continue
  13. 6. Economic Development Division Financial Assistance Dashboard 81529 Discuss and continue
  14. 7. Announcements and Future EDC Agenda Items Discuss and continue
  15. 15 ADJOURNMENT