GOV
Board Bill Number 139 Votes In Session 2024-2025
The industrial Development Revenue Bonds
Board Bill
This Board Bill authorizes the City to enter into an industrial development revenue bond transaction to facilitate personal property tax exemption on Project Equipment and sales and use tax exemption on construction materials used to construct and equip a development project consisting of an approximately 70,000-square-foot lab and office facility to be located at 4140 Forest Park Avenue in the City. The industrial development revenue bonds authorized by this Board Bill will be secured solely by lease payments made by the company. The bonds do not constitute a debt of the City and are not payable from any City tax revenues.
01/10/2025 Final Passage Vote Results
Aye
11
No
4
Final Passage Vote
| Ward | Alderman | Position |
|---|---|---|
| 1 | Anne Schweitzer | Aye |
| 2 | Tom Oldenburg | Aye |
| 5 | Joseph Vollmer | Aye |
| 6 | Daniela Velazquez | Aye |
| 8 | Cara Spencer | Aye |
| 9 | Michael Browning | Aye |
| 10 | Shameem Clark Hubbard | Aye |
| 11 | Laura Keys | Aye |
| 13 | Pamela Boyd | Aye |
| 14 | Rasheen Aldridge | Aye |
| President | Megan E Green | Aye |
| 3 | Shane Cohn | No |
| 4 | Bret Narayan | No |
| 7 | Alisha Sonnier | No |
| 12 | Sharon Tyus | No |
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