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Boards approve extension to hotel restaurant incentive so Cambria can receive pledged grant
NorthlakeTown Council (Economic Development Corporation & Community Development Corporation joint meeting) · November 20, 2025
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Summary
EDC and CDC authorized the town manager to execute an amendment extending a Chapter 380 economic development agreement tied to the Cambria hotel's restaurant so a pledged grant (total $250,000) can be delivered following issuance of certificate of occupancy Nov. 4; counsel had approved the extension Nov. 13.
Speaker 4 briefed the boards on a Chapter 380 economic development agreement entered March 10, 2022, that included a $250,000 grant to support a restaurant at the Cambria hotel. "The grant was for 250,000," Speaker…
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