Budget amendment: $275K redirect to park improvements
Would shift $275,000 from park professional fees to capital projects, funding improvements to park infrastructure if approved.
Item #3
Regular City Council Meeting
City considers $100K forgivable loan to Thornton Enterprises for job creation
Budget & Finance
$100,000
, Yellow tier ($50,000 to $250,000)
If approved, would provide Thornton Enterprises with up to $100,000 in forgivable-loan incentives to retain and expand operations in Birmingham, supporting 10 new jobs over a 5-year period (2-year ramp-up plus 3-year retention).
Counterparty:
Thornton Enterprises, Inc.
Funding source:
General Fund
Action type:
Resolution