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File #: 840-2021    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 9/24/2021 In control: City Council
On agenda: 10/18/2021 Final action: 10/18/2021
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a loan agreement with Fairfax Renaissance Development Corporation, or its designee, to provide economic development assistance to partially finance the development of a residential building located on the west side of East 105th Street and Frank Avenue in connection with the Innovation Square Project, and other associated costs necessary to redevelop the property.
Sponsors: Blaine A. Griffin, Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Attachments: 1. 840-2021-Loan Ag w Fairfax for Innovation Square, ED, 2. 840-2021-A-FILE - Loan Ag w Fairfax for Innovation Square, ED, 3. 840-2021 Exec. Summary - Fairfax Innovation Square $1.3M Loan

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a loan agreement with Fairfax Renaissance Development Corporation, or its designee, to provide economic development assistance to partially finance the development of a residential building located on the west side of East 105th Street and Frank Avenue in connection with the Innovation Square Project, and other associated costs necessary to redevelop the property.