Deputy Mayor for Planning and Economic Development Technology Incubator Grant Emergency Declaration Resolution of 2024

This resolution declares an emergency to allow the Deputy Mayor for Planning and Economic Development to immediately issue grant funding to a technology incubator called Capital Factory. The bill addresses a procedural gap where money was allocated for the grants in previous budgets, but the specific legal authority to release those funds was missing from the most recent budget acts. By adopting this measure after a single reading, the Council ensures the grants can be issued without further delay.