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Chestnut Suites CDBG renovation nears finish as city reports $277,683 in payments
Summary
City staff reported that the CDBG-funded renovation of the former bank at 1108 N. Main (Chestnut Suites) is nearing completion of the grant-funded work. The city has submitted four payment requests totaling $277,683 of the $300,000 grant; developer Adam Pray said interior systems are installed and the project is progressing.
Assistant City Manager Jared Kuckelman briefed the commission on the Community Development Block Grant (CDBG) project to renovate the former bank at 1108 N. Main into short-term rental units (Chestnut Suites). He said the state awarded a $300,000 CDBG grant with the city as the official grant recipient; staff have processed and submitted…
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