File #: 888-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 9/10/2022 In control: City Council
On agenda: 4/15/2024 Final action: 4/15/2024
Passage/adoption date: 4/15/2024
Effective date: 4/17/2024    
Title: AN EMERGENCY ORDINANCE To repeal Ordinance No. 997-2021, passed November 29, 2021, relating to a Tax Increment Financing Agreement with Project Boron, LLC for the Orlando Baking Company Expansion Project; authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Project Boron, LLC, and/or its designee, to assist with the financing of the Orlando Baking Company Expansion Project to be located along the Opportunity Corridor; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Richard A. Starr, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: ECONOMIC DEVELOPMENT DEPARTMENT, OPPORTUNITY CORRIDOR, TAX INCREMENT FINANCING ( TIF )
Attachments: 1. 888-2022-Boron-Repeal 997-2021 and new TIF with Project Boron for Orlando Project, 2. 888-2022-A-FILE, 3. 888-2022 as amended-desk copy-Final, 4. 888-2022-Amend 888-2022, 5. FINAL VERSION - City Record 4/26/2024 Page 82
Related files: 997-2021

Title

AN EMERGENCY ORDINANCE To repeal Ordinance No. 997-2021, passed November 29, 2021, relating to a Tax Increment Financing Agreement with Project Boron, LLC for the Orlando Baking Company Expansion Project; authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Project Boron, LLC, and/or its designee, to assist with the financing of the Orlando Baking Company Expansion Project to be located along the Opportunity Corridor; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.