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Project · on the record since 2024
EDA Real Estate Resources Fundin progress
Status set at the City Council Meeting on Dec 10, 2024 · watch the moment
History
Filled dots are actions on this topic; open dots are mentions.
- Consideration of a Memorandum of Agreement with the Economic Development Authority (EDA) for City Contribution of $5,000,000 to the EDA's Real Estate Resources Fund
The City Council approved a $5,000,000 contribution to the EDA's Real Estate Resources Fund via a Memorandum of Agreement, to fund acquisition of strategic economic development properties, with the EDA to return funds upon sale of properties.
passedMotion to approve a Memorandum of Agreement with the EDA for a city contribution of $5,000,000 to the EDA's Real Estate Resources Fund.✓ Bates✓ Doyle Feingold✓ Greenfield✕ Lim✓ Ross✓ Stehle