Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Economic development committee recommends $100,000 ADLF loan to Cold Plunge Coffee; council vote scheduled tonight
2510523 · March 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The economic development loan committee recommended a $100,000 loan (11% interest, 7‑year term) to Cold Plunge Coffee to fund renovations, equipment and working capital; the committee said the loan would create nine jobs and retain one and scheduled a council vote at the formal meeting.
Salt Lake City Economic Development staff presented a recommended loan from the city—s Economic Development Loan Fund (ADLF) to Cold Plunge Coffee, a business offering craft coffee and commercial cold‑plunge services. The loan fund committee recommended council approval of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
