25-1884
Resolution
Active 3 appearances
Approves a loan agreement with Cream & Sugar LLC DBA Sundae Artisan Ice Cream for $750,000.00 with an end date of 11-30-2035 utilizing Downtown Denver Development Authority Tax Increment Financing, in Council District 10 (OEDEV-202582082).
budgeteconomic_development
Summary
The City Council is considering approving a loan agreement for $750,000.00 with Cream & Sugar LLC, doing business as Sundae Artisan Ice Cream. This loan will utilize Downtown Denver Development Authority (DDDA) Tax Increment Financing and has an end date of November 30, 2035. The funds are intended to help Sundae Artisan Ice Cream establish their flagship store at 1600 Glenarm Place, Suite 120, in Council District 10. The DDDA Board approved this business attraction project on July 30, 2025.
This agreement will support the establishment of a new Sundae Artisan Ice Cream flagship store, potentially creating jobs and adding to the local business landscape in Council District 10.
high
Legislative Journey
25-1884 3 appearances
Legislative Journey