7.b.
FPRA Regular Meeting Agenda
- Meeting Date:
- 07/17/2017
- Re
- Voluntary Cleanup Tax Credit (VCTC) Certificate No. 610 Update
- Submitted For:
- Rebecca Grohall
SUBJECT:
Update on the sale of Voluntary Cleanup Tax Credit (VCTC) Certificate No. 610
SUMMARY:
Staff is pleased to report that the sale of the Tax Certificate has been completed in accordance with the agreement with Fallbrook.
RECOMMENDATION:
No action is needed on this item.
ALTERNATIVES:
Proceed as directed by the FPRA Board
RESPONSIBLE STAFF:
James Messer, Esquire
COORDINATED WITH:
Nicholas Mimms, City Manager
Iola Mosely, Assistant City Attorney
Iola Mosely, Assistant City Attorney
Fiscal Impact
- Budgeted Y/N:
- N
- Fiscal Year:
- 2017
OTHER INFORMATION:
$440,000 to the FPRA to be utilized for reducing the costs associated with remediation at HD King site.