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Council hears Bayside Plumbing update after missed incentive benchmark; no breach found
Summary
Staff reported Bayside Plumbing Services missed its first incentive benchmark (proof of $125,000 capital investment and substantial completion due 9/30/2025). City staff said continued eligibility for later benchmarks remains possible but the applicant has not submitted required permits or proof.
Hailey updated council that staff had reached out repeatedly to Bayside Plumbing Services and "we have not heard anything back" regarding the benchmark documentation, and that permits for a commercial remodel were not on file.
Staff emphasized the agreement template does not automatically put a grantee in breach for missing the first benchmark; instead, later benchmarks can still be met if the company submits required proof by later deadlines. Council took no punitive action and accepted the status report; staff said they would continue outreach and report back if the applicant submits evidence or requests extensions.
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