File #: 651-2024    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 6/1/2024 In control: City Council
On agenda: 6/3/2024 Final action: 6/3/2024
Passage/adoption date: 6/3/2024
Effective date: 6/7/2024    
Title: AN EMERGENCY ORDINANCE Authorizing the Directors of Economic Development and Finance to enter into a Job Creation Income Tax Credit Incentive Program agreement with James B. Oswald Company, and/or its designee, to facilitate the purpose and provisions of this ordinance; and authorizing the director to enter into a grant agreement to provide economic development assistance to partially finance building renovations located at 950 Main Avenue.
Sponsors: Kerry McCormack, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: ECONOMIC DEVELOPMENT DEPARTMENT, FINANCE DEPARTMENT, GRANT AGREEMENT , INCOME TAX CREDIT , WARD 03
Attachments: 1. 651-2024-FOR PASSAGE-JCI Tax Credit K w James B Oswald Company for property at 950 Main, community benefits, 2. 651-2024-A-FILE - JCI Tax Credit K w James B Oswald Company for property at 950 Main, 3. 651-2024-FP Letter - JCI Tax Credit K w James B Oswald Company for property at 950 Main, 4. 651-2024 PRESENTATION, 5. FINAL - City Record 6/14/24, Page 4

Title

AN EMERGENCY ORDINANCE Authorizing the Directors of Economic Development and Finance to enter into a Job Creation Income Tax Credit Incentive Program agreement with James B. Oswald Company, and/or its designee, to facilitate the purpose and provisions of this ordinance; and authorizing the director to enter into a grant agreement to provide economic development assistance to partially finance building renovations located at 950 Main Avenue.