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File #: R24-68    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/26/2024 In control: City Council
On agenda: 9/3/2024 Final action: 9/3/2024
Title: A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANAGER TO ENTER INTO A DEVELOPMENT AGREEMENT WITH GORDON FOOD SERVICE, INC. AND AUTHORIZING $75,000.00 IN ECONOMIC DEVELOPMENT/ GOVERNMENT EQUITY (ED/GE) PROGRAM FUNDS TO BE PROVIDED TO GORDON FOOD SERVICE, INC. FOR FUNDING SUPPORT.
Attachments: 1. R24-68, 2. R24-68 Exhibit 1

 TITLE: Title

A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANAGER TO ENTER INTO A DEVELOPMENT AGREEMENT WITH GORDON FOOD SERVICE, INC. AND AUTHORIZING $75,000.00 IN ECONOMIC DEVELOPMENT/ GOVERNMENT EQUITY (ED/GE) PROGRAM FUNDS TO BE PROVIDED TO GORDON FOOD SERVICE, INC. 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 Gordon Foods. It outlines the requirements and process on how Gordon Foods can utilize grant funds the City received through the Montgomery County ED/GE Program to expand services at their current location in Trotwood.

 

FISCAL & STAFF IMPACT: N/A

 

RECOMMENDATION:  Recommend Approval