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CITY OF LORAIN

2.l.
Board of Control
Meeting Date:
05/13/2026

Subject:

A request from the Building, Housing, & Planning Department to enter into an agreement with Montrose Law Firm, LLC for economic development advisory services including assistance in building public-private partnerships, utilizing public interests to leverage private investment, and assistance with creating a TIF project for the Silver Hills Development. The agreement will be for an amount not to exceed $15,000.00 with funds to be appropriated evenly from 2290.R225.7160.6300.1500 UDAG-CRA Program-Contractual Services. Funding for the expense was approved by City Council on 4/6/26 with Ordinance 52-26.

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