Projdesc
Council approved on 12/11/2024, an economic development incentive agreement with West End Lofts LP and/or its affiliates in consideration of the West End Lofts Project, a mixed-use, mixed income, and transit-oriented development project addressed as 805 Elm street, and 211 N. Austin Street within City Center TIF District. $7,724,324.00 bond funds will be used from the funding source Unit YG04 (Fiscal Year 2026 proposed allocation of $4,502,554.10 and the remaining $3,221,769.90 from the fiscal year 2027 proposed allocation. Proposed Allocation for Fiscal Year 2027 $6,009,069.97)-CW Bond Value amount of $29,200,000.00.