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File #: PR14-24    Version: 1 Name:
Type: Presentations/Recognitions Status: Agenda Ready
File created: 4/11/2024 In control: City Council
On agenda: 4/15/2024 Final action:
Title: Project Swifty Presented by Chad Downing, Executive Director Trotwood Community Improvement Corporation Daniel Penn and Adin Penn (Development Partners) GATED Properties Global
Attachments: 1. PR14-24 DBJ Article

 TITLE: Title

Project Swifty

Presented by Chad Downing, Executive Director

Trotwood Community Improvement Corporation

 

Daniel Penn and Adin Penn (Development Partners)

GATED Properties Global

 

Body

PURPOSE:  Presentation

 

DEPARTMENT: Trotwood Community Improvement Corporation

 

CONTACT INFORMATION: Chad Downing, Executive Director

 

INFORMATION: Project Swifty is a confidential industrial site seeker who has named Trotwood as one of three (3) possible locations in the Dayton area to locate their manufacturing business. In order to be competitive with the other two (2) possible locations, the City must present an attractive incentive package, one that is the same model and structure used for Technicote.

 

This is an extremely time-sensitive opportunity so Council must act quickly. Because of the terms to be offered, support from the Trotwood Madison School Board and the MVCTC Board of Education will be required.

 

FISCAL & STAFF IMPACT: See Attached

 

RECOMMENDATION:  N/A