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DDA director reports near-target tax capture, facade grant shortlist and building maintenance plans

Coldwater Downtown Development Authority · February 29, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

DDA director Audrey reported tax capture within about $500 of estimates, scheduled a $25,000 building maintenance package tied to the Children's Museum move, and said the facade-restoration committee identified five projects with about $500,000 in total costs and over $400,000 in requests; the transcript records the DDA had '112' available to spend (amount/unit not specified).

Audrey, the DDA director, presented the authority's financial and project updates at the Feb. 28 meeting, telling board members the downtown tax capture is tracking closely to projections and several maintenance and grant processes are underway.

"For our tax capture for this year, we were within about $500 of our estimated range, which is really good," Audrey said. She told the board the DDA scheduled about $25,000 in building maintenance work associated with the Children's Museum move, including south-wall copper cap repair, window…

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