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Council adds downtown redevelopment item and approves up to $400,000 incentive for demolition and redevelopment
Summary
Stakeholders presented a downtown redevelopment proposal for a deteriorated Main Street block. Council amended the agenda to consider a tri‑party agreement with the IDB and approved proceeding with a $400,000 figure ($100,000 per structure) contingent on final agreement and the mayor's approval.
City stakeholders presented a proposal intended to accelerate downtown revitalization by subsidizing demolition and redevelopment of a block of dilapidated buildings on Main Street.
Local investors and business owner Steve Wilson (Gallenberg Brewing) and other stakeholders described structural deterioration, flood-elevation requirements, and prohibitive rehabilitation costs. City staff…
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