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Eagle URA approves $65,112 reimbursement for 148 E. State Street power, alley work
Summary
The Eagle Urban Renewal Agency voted unanimously Oct. 21 to reimburse developers Steve and Meg Glasgow $65,112 for three‑phase power upgrades and alley repaving tied to a new mixed‑use building at 148 E. State St.; the agency set a project completion deadline of April 30, 2026, with billing to be completed by June 30.
The Eagle Urban Renewal Agency on Oct. 21 approved a $65,112 reimbursement agreement to help fund three‑phase power service and alley repaving for a three‑story mixed‑use project at 148 East State Street.
The agency adopted Resolution No. 25‑020, authorizing the reimbursement agreement between the URA and applicants Steve and Meg Glasgow and empowering board officers and the executive director to implement the agreement. The board set a project completion date of April 30, 2026, with an additional deadline of June 30, 2026, to finish billing and close out reimbursements. The board’s roll call vote was recorded as unanimous.
Why it matters: The Glascows plan a three‑story building with a roughly 3,000‑square‑foot restaurant on the ground floor and two condominiums…
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