City of Harrisonburg - File #: ID 20-069

• File #: ID 20-069
• Version: 1
• Name: EDA
• Type: Action Item
• Status: Passed
• File created: 3/9/2020
• In control: City Council
• On agenda: 3/10/2020
• Final action: 3/10/2020
• Title: Consider Approval of Assignment by the City of Harrisonburg to the Commonwealth of Virginia ex rel. the Virginia Economic Development Partnership Authority of the City's collection rights under a Commonwealth' Development Opportunity Fund Performance Agreement dated July 31, 2015.

Date	Ver.	Action By	Action	Result
3/10/2020	1	City Council	approved	Pass

Subject:

Title

Consider Approval of Assignment by the City of Harrisonburg to the Commonwealth of Virginia ex rel. the Virginia Economic Development Partnership Authority of the City’s collection rights under a Commonwealth’ Development Opportunity Fund Performance Agreement dated July 31, 2015.

Body

Presented By:  Chris Brown, City Attorney

Recommendation and Review

The Commonwealth of Virginia has requested that the City assign its collection rights in a Commonwealth’s Development Opportunity Fund agreement dated July 31, 2015, to the Commonwealth.