Resolution authorizing an agreement between the Type B Corporation and El Bolillo Bakery, LLC, for a total incentive project not to exceed $363,000.00 paid over three years of the five-year agreement for economic development of a bakery manufacturing busi

Staff Report & Agenda Item Details

Resolution authorizing an agreement between the Type B Corporation and El Bolillo Bakery, LLC, for a total incentive project not to exceed $363,000.00 paid over three years of the five-year agreement for economic development of a bakery manufacturing business, creating 121 primary jobs; authorizing the expenditure of up to $363,000.000 from the Type B unreserved fund balance. (6 votes required)

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 5.0/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).