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Committee forwards $150,000 loan recommendation for Cafe Washington redevelopment to City Commission
Summary
A Sandusky committee voted to send a staff-recommended $150,000, 0% five-year subordinate loan to the City Commission to support Korapkin Hospitality Group’s planned Cafe Washington and Market at 207 West Washington Row.
A Sandusky boards and commissions committee voted to send a staff recommendation for a $150,000 economic development loan to the City Commission for the redevelopment of 207 West Washington Row.
City staff told the committee the project, led by Lori Korapkin and Katie Korapkin doing business as Korapkin Hospitality Group, would convert the former First Federal Savings Bank of Lorraine into Cafe Washington and Market and a Washington Row event venue. City staff said the full project is estimated at nearly $1,750,000, with current submitted costs of about $1,500,000 and…
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