City of Hudson, Ohio - File #: 13-154

• File #: 13-154
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 10/30/2013
• In control: City Council
• On agenda: 12/4/2013
• Final action: 12/4/2013
• Title: A RESOLUTION TERMINATING A JOB CREATION GRANT AGREEMENT WITH BREW1 COFFEE COMPANY, INC. Executive Summary: On October 15, 2013 the City of Hudson Tax Incentive Review Council (TIRC) met to review all active incentive agreements. The TIRC was advised that the company has ceased operations in Hudson and therefore made the recommendation to terminate the Job Creation Grant Program Agreement with Brew 1 Coffee Co.
• Sponsors: William A. Currin
• Indexes: Economic Development

Date	Ver.	Action By	Action	Result
12/4/2013	1	City Council	adopted with rule suspension	Pass
11/26/2013	1	City Council Workshop	item forwarded

Title

A RESOLUTION TERMINATING A JOB CREATION GRANT AGREEMENT WITH BREW1 COFFEE COMPANY, INC.

Executive Summary:   On October 15, 2013 the City of Hudson Tax Incentive Review Council (TIRC) met to review all active incentive agreements.  The TIRC was advised that the company has ceased operations in Hudson and therefore made the recommendation to terminate the Job Creation Grant Program Agreement with Brew 1 Coffee Co.

Body

Legislative History

Resolution No. 12-93

Purpose & Explanation

To terminate the Job Creation Grant Program Agreement with Brew 1 Coffee Co due to the fact that the company has ceased operations.

Timing Considerations

None

Fiscal Impact

        Currently Budgeted

        Supplemental Appropriation Required

X        Appropriation Not Required.

Recommendation

Suggested Action

Staff recommends the Hudson City Council accept the recommendation of the Tax Incentive Review Council and terminate the Job Creation Grant Program Agreement with Brew 1 Coffee Co.

Submitted by,

Scott N. Schroyer, Interim City Manager

Charles E. Wiedie, Economic Development Director