TO AUTHORIZE EXPENDITURES FROM THE INDUSTRIAL DEVELOPMENT FUND FOR PHYSICAL IMPROVEMENTS TO SUPPORT AN ECONOMIC DEVELOPMENT PROJECT (COOK PHARMICA, LLC) AT THE INDIANA ENTERPRISE CENTER AS AMENDED
In accordance with state law, this resolution authorizes Five Hundred Thousand Dollars ($500,000) to be paid out of the Industrial Development Fund (“IDF”) for physical improvements to be made to infrastructure in and near the Indiana Enterprise Center, where Cook Pharmica, LLC, has chosen to locate and make continued business investments. The IDF supports industrial development and expansion within the CRED District that serves the City of Bloomington.