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Commission approves final $50,000 incentive payment after compliance review
Summary
The Redevelopment Commission approved release of a remaining $50,000 incentive payment to a project under an existing agreement after staff confirmed the project's annual report showed compliance with obligations.
The Greenwood Redevelopment Commission approved release of the remaining $50,000 of incentives tied to a previously negotiated project agreement, after staff reported the project’s annual report showed compliance. The agreement allows up to $100,000 in incentives; the first $50,000 had been disbursed previously.
Commission staff presented the annual report and indicated the project was in…
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