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Committee approves JBS Urban Barn contract; TID to bridge funding shortfall while state grant and nonprofit fundraising proceed
Summary
The committee approved a $1.345 million contract for a food-production barn at JBS Urban Farm and authorized using the JBS TID to cover a near-term shortfall while a recommended $468,900 state grant and nonprofit fundraising are expected to reimburse the TID.
The Green Bay Improvement Services Committee on April 29 approved awarding a construction contract for the JBS Urban Barn to Millbach Construction Services Co. for $1,345,075 and agreed to use the JBS tax-increment district (TID) to bridge a near-term funding shortfall.
Staff said the project was previously budgeted at about $1,000,000 and that the city had allocated $752,000 in ARPA funds plus $48,000 for solar panels. The low bid, including an alternate patio roof, came in at…
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