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Committee backs amendment to recertify Ignition & Innovation as Level 2 certified technology park

5462240 · April 15, 2025
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Summary

The Community Investment Committee recommended a first amendment to the certified technology park agreement to recertify Ignition and Innovation Park as a Level 2 CTP (retroactive to July 1, 2023), enabling up to $250,000 per year for park improvements and redevelopment support.

The Community Investment Committee voted to forward a resolution authorizing a first amendment to the certified technology park (CTP) agreement that would recertify Ignition and Innovation Park as a Level 2 CTP.

Joe Molnar, assistant director of Growth and Opportunity, described the two‑site CTP: Ignition Park (approximately 140 acres, former Studebaker campus) and Innovation Park…

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