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Council agrees to explore retail-rehab grants and meet with Plaza owners; Retail Strategies to present plan
Summary
Staff described a retail-rehab grant model used in Carrollton, Texas, and proposed meeting with the Plaza shopping-center owner to gauge interest; Retail Strategies will present a retail-recruitment plan to council next week. Council emphasized selection criteria and cautioned about using taxpayer funds for private improvements.
Town staff told the Fletcher Town Council they are exploring a retail-rehabilitation grant program and will reach out to property owners to test interest before drafting program guidelines.
The town manager reviewed a Carrollton, Texas, example in which redevelopment grants or matching funds were available for older retail sites, subject to eligibility rules and committee vetting before council approval. He said smaller-scale,…
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