ITEM TITLE:
Title
Consider approving Resolution 24-_____, allocating and directing the STEM funding generated from the TIF Districts included within STEDI Project Plan.
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INITIATOR: Mayor Stan Booker
STAFF INFORMATION SOURCE: Mayor Stan Booker
BACKGROUND: The City Council will consider approving a resolution which involves the allocation and direction of STEM funding generated from the Tax Increment Financing (TIF) Districts included within the STEDI Project Plan. This resolution aims to allocate funds specifically generated from these TIF districts to support and enhance STEM education and initiatives within the community as provided in the STEDI Plan. Approval of this resolution will ensure that the funding is directed appropriately to foster growth and development in STEM-related areas.
EXHIBIT: Resolution 24-
KEY ISSUES: N/A
FUNDING SOURCE: Tax Increment Financing District Funding- STEDI Plan
STAFF RECOMMENDED COUNCIL ACTION: Approve Resolution 24-_____, allocating and directing the STEM funding generated from the TIF Districts included within STEDI Project Plan.