CITY OF WORCESTER

Economic Development Committee Meeting

Tuesday, October 11, 2011

Esther Howland (South) Chamber

Convened: 4:04 P.M.

Adjourned: 4:34 PM


Mayor
Joseph C. O'Brien

 

www.worcesterma.gov

 

Clerk of the City Council
David J. Rushford

Committee Members

Chairperson Frederick C Rushton
Councilor Joseph M Petty
Councilor Joffrey A Smith
 

City Hall - 455 Main Street Worcester, Massachusetts


Present Were:Chairperson Councilor Frederick C Rushton
Councilor Joseph M Petty
Councilor Joffrey A Smith
 
Also:Chief Development Officer Timothy McGourthy
Development Staff Person Paul Morano
City Clerk David J. Rushford, Clerk
 
1.

Communication of the City Manager

1a.

Recommending City Council's review, deliberation and approval of the City's application for a HUD Section 108 Loan Guarantee for Insignia Athletics, LLC for 60 Fremont Street for the purpose of the company's expansion and growth plans.
# 13i CM October 04, 2011

Attachments

The principals of Insignia Athletics LLC, Jim and Rob Devaney appeared and spoke with the Committee.

Recommend Approval (Report to be taken under Suspension of the Council's Rules on October 11, 2011)