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Director's report: facade work underway; LOI issued for 22 West Pearl with MEDC grant support
Summary
Staff reported facade restoration work began at 14 and 16 West Chicago Street under a DDA/MEDC-funded program and said an LOI has been issued for 22 West Pearl for a rural-eligible MEDC grant (49% share, up to $550,000); additional agreement amendments and an October progress report are expected.
During the director's report on Aug. 20, staff updated the board on downtown redevelopment and grant activity.
Audrey said facade restoration work has started at 14 and 16 West Chicago Street; Facade Restoration Inc. is leading the contracted work. The projects will be funded by a combination of DDA funds and a facade restoration grant administered through the Michigan Economic Development Corporation (MEDC). Audrey warned that…
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