Authorize negotiation and execution of a Place-Based Enhancement Cultural Preservation economic development agreement with Downtown Grocery LLC, d/b/a Royal Blue Grocery, to support its continued operation as a downtown neighborhood grocery, for a total amount not to exceed $82,077 over a five-year term to support retention of this local legacy business. Funding: $15,214 is available in the Fiscal Year 2026-2027 Economic Incentive Reserve Fund. Funding for future award payments will be contingent upon future appropriations to the reserve fund.
26-2808 · Consent · Agenda Ready