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File #: 0707-25    Version: 1 Name: PUBLIC INFRASTRUCTURE PROGRAM AGREEMENT: 1000 DELAWARE LLC
Type: Resolution Status: First Reading
File created: 7/29/2025 In control: Urban County Council
On agenda: 8/14/2025 Final action:
Enactment date: Enactment #:
Title: Authorization to execute a Public Infrastructure Program Forgivable Loan Agreement with 1000 Delaware LLC in the amount of $374,051 for the construction of sidewalk and shared/public parking and related infrastructure improvements to serve a one-acre site located at 1000 Delaware Avenue. Funds are budgeted. (L0707-25)(Bencz/Atkins)
Attachments: 1. Blue Sheet - 1000 Delaware PIP 20250724, 2. Loan Agreement (1000 Delaware) .2 . 4903-6254-3952, 3. 1000 Delaware Staff Report Redacted, 4. 1000 Delaware Letter of Support - McQuady, 5. 1000 Delaware Letter of Support - Sheehan

Title

Authorization to execute a Public Infrastructure Program Forgivable Loan Agreement with 1000 Delaware LLC in the amount of $374,051 for the construction of sidewalk and shared/public parking and related infrastructure improvements to serve a one-acre site located at 1000 Delaware Avenue. Funds are budgeted. (L0707-25)(Bencz/Atkins)

Summary

Authorization to execute a Public Infrastructure Program Forgivable Loan Agreement with 1000 Delaware LLC in the amount of $374,051 for the construction of sidewalk and shared/public parking and related infrastructure improvements to serve a one-acre site located at 1000 Delaware Avenue. Funds are budgeted. (L0707-25)(Bencz/Atkins)

 

Budgetary Implications [select]: Yes

Advance Document Review:

Law: { Yes, Completed by [Evan Thompson, 7/29/2025]}

Risk Management:  {Select Yes/No, Completed by [Official, Date]}

Fully Budgeted [select]: Yes

Account Number-:                     1144-133004-0001-78103

This Fiscal Year Impact:                     $374,051

Annual Impact:                      NA

Project:

Activity:

Budget Reference:

Current Balance:

Body

{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}