File #: ID#18-109    Version: 1 Name:
Type: Resolution Status: Passed
File created: 2/20/2018 In control: City Council
On agenda: 3/6/2018 Final action: 3/6/2018
Title: Love's Country Stores of California Economic Development Incentive
Attachments: 1. Council Report - Economic Development Incentive - Public Hearing, 2. Resolution - Love's Economic Development Incentive, 3. Economic Development Incentive Agreement - Salinas Travel Stops (2-22-2018 Draft)

Title

Love’s Country Stores of California Economic Development Incentive

Recommended Action

Approve a Resolution approving the execution of an economic development incentive for Love’s Country Stores of California in the maximum amount of $1.6 million over a period of time not to exceed seven (7) years from sales tax revenue generated by the project.