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File #: 2022-106    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 3/1/2022 In control: City Council
On agenda: 3/3/2022 Final action: 3/7/2022
Title: Public Hearing - DNA Beverage dba Nomad Wine Works - EDC Performance Based Incentives City Council is requested to authorize performance-based incentives for the project of up to $102,518 and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve; and a schedule for the repayment of such financial incentives.
Attachments: 1. 14. Public Hearing – DNA Beverage dba Nomad Wine Works – EDC Performance Based Incentives, 2. ad 70302470__432 N. Wrenn Public Hearing

Title

Public Hearing - DNA Beverage dba Nomad Wine Works - EDC Performance Based Incentives

City Council is requested to authorize performance-based incentives for the project of up to $102,518 and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve; and a schedule for the repayment of such financial incentives.

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