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ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026)

May 15, 2024 ·5:00 PM Approved

Plumbers Local 75 2102 E Springs Dr Suite 100 Madison, WI 53704

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 in person.
  2. 2 CALL TO ORDER / ROLL CALL
  3. 3 APPROVAL OF MINUTES Approve the Minutes
  4. 4 PUBLIC COMMENT
  5. 1. Public Comment - EDC 5/15/24 83100
  6. 6 DISCLOSURES AND RECUSALS
  7. 7 NEW BUSINESS
  8. 2. Providing Urban Community Arts Network, Ltd. (UCAN) a $30,000 grant for a “MadLit” program on the 100 Block of State Street using American Rescue Plan Act (ARPA) Small Business Equity and Recovery Program (SBER) funds and authorizing the Mayor and City Clerk to sign an agreement with UCAN for that purpose. (District 4) 83137 Return to Lead with the Recommendation for Common Council to Adopt
  9. 3. Authorizing a loan to Revive Restoration, Inc., or its assigns in the amount of $100,000 for real estate improvements to the commercial property at 925 Applegate Road 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) 83170 Return to Lead with the Recommendation for Common Council to Adopt
  10. 10 DISCUSSION ITEMS
  11. 4. Discussion with Mayor Satya Rhodes-Conway about economic development in the community. 83101 Discuss and Finalize
  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. d7. Discussion with Plumbers Local 75 regarding facility and workforce needs. 83102 Discuss and Finalize
  15. 8. Announcements and Future EDC Agenda Items
  16. 16 ADJOURNMENT Adjourn