TITLE: Title
A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANAGER TO ENTER INTO AN ECONOMIC DEVELOPMENT/GOVERNMENT EQUITY (ED/GE) PROGRAM PROJECT AGREEMENT WITH MONTGOMERY COUNTY ACCEPTING FUNDS IN AN AMOUNT NOT TO EXCEED $225,000.00 TO PROVIDE FUNDING SUPPORT FOR WESTRAFO AMERICA, LLC IN THE CITY OF TROTWOOD.
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PURPOSE: Approve Agreement and Accept Funds
DEPARTMENT: Trotwood Community Improvement Corporation
CONTACT INFORMATION: Chad Downing, Executive Director
INFORMATION: This Agreement allows the City to receive funds from the Montgomery County (ED/GE) Program in order to provide funding support to Westrafo for a new 230,000 square foot manufacturing building to be located at 6216 Wolf Creek Pike in the City of Trotwood.
FISCAL & STAFF IMPACT: The grant funds will be passed on to Westrafo per the terms documented in Resolution No. R24-100.
RECOMMENDATION: Recommend Approval