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File #: R-2025-4240    Version: 1
Type: Resolution Status: Recess - EDC
File created: 10/14/2025 In control: Common Council
On agenda: 10/21/2025 Final action:
Title: Resolution approving a $100,000 Economic Development Loan to Family Cycleworks, a bike shop to be located at 6651 W. National Ave, to be funded with Community Development Block Grant funds, by Tax Increment Financing District #7, or with FIRE loan funds.
Attachments: 1. Res_R-2025-4240, 2. Family Cycleworks Commitment Letter 10.16.25
Related files: 25-0436

Title

Resolution approving a $100,000 Economic Development Loan to Family Cycleworks, a bike shop to be located at 6651 W. National Ave, to be funded with Community Development Block Grant funds, by Tax Increment Financing District #7, or with FIRE loan funds.

Recommendation

Adopt