Legislation Details

File #: 26-1517    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/24/2026 In control: City Council
On agenda: 10/13/2026 Final action: 10/13/2026
Title: 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 $363,000.00 from the Type B Economic Development Fund, with expenditures in future fiscal years subject to sufficient annual appropriations. (6 votes required)
Sponsors: Planning and Economic Development Department
Attachments: 1. Agenda Memo - El Bolillo Bakery, 2. Resolution - El Bolillo Bakery, 3. Business Incentive Agreement-El Bolillo Bakery, 4. Presentation-El Bolillo Bakery

title

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 $363,000.00 from the Type B Economic Development Fund, with expenditures in future fiscal years subject to sufficient annual appropriations. (6 votes required)