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Milwaukie redevelopment commission to review $400,000 packaged storefront grant
Summary
Staff told the committee the MRC issued about $540,000 in business grants last year and that a new grant application packages requests for eight contiguous storefronts — up to $50,000 each and $400,000 total — which exceeds staff signing authority and will be reviewed by the MRC on December 2 and the advisory committee the week of Thanksgiving.
The Milwaukie Redevelopment Commission’s budget was described as healthy during the November 10 joint meeting, with property tax receipts above budget and an ending fund balance increase year over year.
Staff reported the MRC gave out approximately $540,000 in business grants last fiscal year and has continued awarding grants in the current biennium. Staff disclosed a large,…
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