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Council hears update on 2021 downtown CDBG revitalization project; final completion expected in June
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Summary
City staff and project representatives updated council on Community Development Block Grant project 21 DTR 007, noting construction at the PACHA building, multiple extensions, local and state matches, and reported private investment and completed outcomes to date.
Hastings City Council received the required second public hearing update on Community Development Block Grant project 21 DTR 007, a downtown revitalization effort funded in November 2021.
Laurie told the council the hearing is a required implementation update; the city has executed three amendments to extend the completion timeline and now expects final completion of the 2021 project in June. Randy Chick provided detailed project results to date: he said the city provided $468,000 in local matching funds, which was matched by the Department of Economic Development (the transcript records the DED match as approximately $1,400,000.05, a figure that appears garbled), and that the project has leveraged roughly $13,000,000 in private investment so far with additional private investment anticipated. Randy also listed outcomes: 11 buildings completed, 15 commercial spaces rehabilitated, 13 new downtown businesses and 26 housing units created under the program.
Randy said the PACHA building is under construction and the project team hopes to finish by June; he noted delays caused by withdrawn applications and building issues on some parcels. Council received the update with no public opposition and closed the hearing.
The hearing was informational; no council action was recorded on this item beyond the required public hearing and staff updates.
