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Downtown Adrian fire relief fund at $22,185.99; board outlines plan to prioritize residents
Summary
Board Treasurer Jacob reported the Downtown Adrian Fire Relief Fund holds $22,185.99 after board and community foundation matches and said the board plans to prioritize residents in an initial disbursement this week, with remaining funds to be distributed and the fund closed shortly.
The Main Street board heard an update April 9 on a downtown fire relief fund that organizers expect to close within days.
Jacob, presenting the financial report, said the board and the Community Foundation seeded the account and reported the current balance: "As of this morning, that fund balance is at $22,185.99," he said. Jacob said the board contributed $10,000 and the Community Foundation added $5,000 as matching…
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