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A RESOLUTION BY TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANGER TO ENTER INTO AN ECONOMIC DEVELOPMENT/GOVERNMENT EQUITY (EDGE) PROGRAM PROJECT AGREEMENT WITH MONTGOMERY COUNTY TO RECEIVE $23,000.00 IN GRANT FUNDING AWARDED TO THE CITY OF TROTWOOD FROM THE MONTGOMERY COUNTY’S PRIMARY ECONOMIC DEVELOPMENT FUND TO PROVIDE FUNDING SUPPORT FOR LR JANITORS, LLC DBA ROBERTSON JANITORIAL & FLOOR CARE SERVICES LOCATED AT 5131 SALEM AVENUE, TROTWOOD, OHIO
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PURPOSE: Funding will be used for renovation of a building site at 5131 Salem Avenue.
DEPARTMENT: Planning & Development
CONTACT INFORMATION: Fred Burkhardt, CIC Executive Director
INFORMATION: Purchase & renovate an 8,000 sq. ft. building located in Trotwood will result in the creation of 20 new jobs and retention of 39 jobs.
FISCAL & STAFF IMPACT: $23,000.00 or 9.7% of total cost.
RECOMMENDATION: Approve as submitted.