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Springfield EDA approves settlement to resolve downtown matching loan for 111 Main Street
2658885 · January 13, 2025
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Summary
The Springfield EDA authorized the city manager to sign a settlement and release agreement with the property owner of 111 Main Street to resolve a downtown matching loan to Swallowtail Spirits; the board approved the motion by unanimous roll-call vote.
The Springfield Economic Development Agency on Jan. 13, 2025, voted to authorize the city manager to enter a settlement and release agreement with the property owner of 111 Main Street to resolve a downtown matching loan provided to Swallowtail Spirits.
Assistant City Manager Neil Adati introduced the item, telling the board:…
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