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File #: 26-00088    Version: 1
Type: Resolution Status: Passed
In control: Finance and Personnel Committee
On agenda: 1/26/2026 Final action: 2/2/2026
Title: Committee recommends approval of a resolution authorizing the application and acceptance of the Department of Commerce and Economic Opportunity (DCEO) Regional Site Readiness Grant in an amount up to $3,679,551.56. If awarded, the city would provide matching funds in the amount of $919,887.89. The funding source for the matching funds would be the Global Trade Park #2 TIF Fund.
Attachments: 1. Acceptace of the DCEO Site Readiness Grant - 3,679,551.56 - FINAL

title

Committee recommends approval of a resolution authorizing the application and acceptance of the Department of Commerce and Economic Opportunity (DCEO) Regional Site Readiness Grant in an amount up to $3,679,551.56. If awarded, the city would provide matching funds in the amount of $919,887.89. The funding source for the matching funds would be the Global Trade Park #2 TIF Fund.