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Resolution 10-18 To Amend Guidelines for and Rename the Business Investment Incentive Fund (BIIF) Program

This resolution amends the Business Investment Incentive Fund program, formerly known as the Industrial Incentive Loan Fund program, and renames it the Bloomington Investment Incentive Fund. Based upon the recommendation of the City’s Economic Development Commission, this resolution amends the Fund’s Operating Policies and Guidelines and allows for subsequent amendments by the Economic Development Commission. Prior resolutions, involving this Fund, include Resolution 99-17 and Resolution 86-04.

Amends CodeNo
Committee 2010-11-17 4-1 (Piedmong- Smith) Rollo, Ruff, Wisler, Volan left before this vote was taken.
Final 2010-12-01 Passed 9-0
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