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Milton approves up to $7,500 CRA grant for repeat applicant after ROI debate
Summary
Council unanimously approved up to $7,500 from the CRA for a business-improvement grant to a returning applicant (Mr. McCool) after staff presented return-on-investment figures and members debated whether to spread funds more broadly or award a larger sum.
The Milton City Council voted unanimously Nov. 4 to approve a business improvement grant of up to $7,500 for a repeat applicant identified in the meeting as Mr. McCool, approving the award after extended discussion of return on investment and CRA balances.
Staff presentation highlighted the program's leverage of private investment: "for every $1 invested by the city, participating…
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