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File #: 171245    Version: 1 Name: Appropriation - State Grant, Private Funds, Tax Credits, and City Funds from CAST Powerhouse QALICB, LLC - Geneva Car Barn and Powerhouse Capital Improvements - $11,048,767 - FY2017-2018
Type: Ordinance Status: Passed
Introduced: 12/12/2017 In control: Clerk of the Board
On agenda: Final action: 2/9/2018
Enactment date: 2/9/2018 Enactment #: 018-18
Title: Ordinance appropriating $11,048,767 to the Recreation and Park Department for funding received from CAST Powerhouse QALICB, LLC (QALICB) consisting of a state grant, tax credit investments, private funding from Community Arts Stabilization Trust (CAST), and existing city appropriations for Geneva Car Barn and Powerhouse capital improvements in FY2017-2018; and placing $11,048,767 on Controller’s reserve pending receipt of a grant award from the state by the Recreation and Park Department, and written documentation of receipt of CAST equity and tax credit investments by QALICB.
Sponsors: Ahsha Safai
Attachments: 1. Leg Ver1, 2. Flow of Funding, 3. Comm Pkt 011118, 4. Board Pkt 012318, 5. Board Pkt 013018, 6. Leg Final
Legislation Details
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