File #: 23-1422    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/22/2023 In control: City Council
On agenda: 10/10/2023 Final action: 10/10/2023
Title: Motion to amend section 3.08 Required Development of the Industrial Development Agreement 110-B with Bootstrap LLC to allow for development of a Battery Energy Storage facility and extension of the placed in-use requirement from December 31, 2023 to December 31, 2025.
Sponsors: Economic Development
Attachments: 1. Agenda Memo - Bootstrap Industrial District Agreement 110-B 09.29.pdf, 2. Letter - IDA 110B Proposed Alternative Request, 3. Amendment No. 1 - IDA 110B Bootstrap, 4. Bootstrap Energy Presentation 10.10.pdf, 5. Presentation - IDA 110B Proposed Alternative 08032023

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Motion to amend section 3.08 Required Development of the Industrial Development Agreement 110-B with Bootstrap LLC to allow for development of a Battery Energy Storage facility and extension of the placed in-use requirement from December 31, 2023 to December 31, 2025.