TITLE: Title
A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANAGER TO ENTER INTO A DEVELOPMENT AGREEMENT WITH WESTRAFO AMERICA, LLC, AND AUTHORIZING $225,000.00 IN ECONOMIC DEVELOPMENT/ GOVERNMENT EQUITY (ED/GE) PROGRAM FUNDS TO BE PROVIDED TO WESTRAFO AKA PROJECT SWIFTY FOR FUNDING SUPPORT.
Body
PURPOSE: Approve Agreement
DEPARTMENT: Trotwood Community Improvement Corporation
CONTACT INFORMATION: Chad Downing, Executive Director
INFORMATION: This Agreement is between the City of Trotwood and Westrafo America, LLC. It outlines the requirements and process on how Westrafo can utilize grant funds the City received through the Montgomery County ED/GE Program to build their new 230,000 square foot manufacturing facility.
FISCAL & STAFF IMPACT: N/A
RECOMMENDATION: Recommend Approval