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Sweet Home staff reports 24% downtown vacancy, outlines SEAP fund history and uses
Summary
Council received an inventory showing 30 vacant commercial buildings (24% of 125) in the downtown corridor and a staff summary of the Economic and Community Development (SEAP) fund that seeded storefront grants and other local economic activities.
Councilors received an inventory showing 30 vacant commercial buildings out of 125 in Sweet Home's downtown corridor, a 24% vacancy rate, and a staff memorandum explaining the source and allowable uses of the city's Economic and Community Development Fund (referred to in the memorandum as SEAP).
The presentation described three city‑owned properties not used for city operations: Old City Hall on Twelfth Avenue, a former feed store at 1244 Long Street, and the Flex Building at 4296 Osage. Staff reported the Flex Building currently has a tenant and yields roughly $10,000 in net annual revenue after taxes; Old City Hall and the former feed store are vacant. The city's code enforcement officer…
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