File #: R-2024-0666    Version: 1
Type: Resolution Status: Adopted
File created: 12/4/2024 In control: Common Council
On agenda: Final action: 12/10/2024
Title: Resolution to approve the terms & conditions for an Economic Development Loan to Soap Passion, LLC d/b/a Orchard Brook, located at 8621-23 W. Greenfield Ave., in the amount of $200,0000 under the Capital Catalyst Loan Program and a $50,000 Instore Economic Development Loan under the Community Development Block Grant Program.
Attachments: 1. Res_R-2024-0666, 2. Soap Passion LLC Commitment Letter, 3. Res_R-2024-0666 SIGNED
Related files: 24-0684

Title

Resolution to approve the terms & conditions for an Economic Development Loan to Soap Passion, LLC d/b/a Orchard Brook, located at 8621-23 W. Greenfield Ave., in the amount of $200,0000 under the Capital Catalyst Loan Program and a $50,000 Instore Economic Development Loan under the Community Development Block Grant Program.

Recommendation

Adopt