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Union City accepts $100,000 Renaissance grant, UCVFD repays ambulance loan and council moves funds to higher-yield account
Summary
Council acknowledged a $100,000 ECGRA Renaissance Grant, accepted repayment of a $59,250 ambulance loan by the UCVFD, approved Renaissance grant awards totaling $17,675, and authorized transferring roughly $140,000 to a PLGIT Checking & Prime account.
At its June 25 meeting, Union City Borough Council acknowledged receipt of a $100,000 ECGRA Renaissance Grant, recorded repayment by the Union City Volunteer Fire Department of a $59,250 ambulance loan, and approved recommended Renaissance grant awards while authorizing a transfer of capital funds to a higher-yield PLGIT account.
Borough Manager Cindy Wells told council that the borough received a $100,000 Renaissance Grant from ECGRA and that the UCVFD repaid the full $59,250 ambulance loan. Council reviewed six Renaissance grant applications totaling $27,127.65; it approved four applications totaling $17,675 for the 2023/2024 grant period and carried two applications totaling $9,452.65 into the 2024/2025 grant period. Councilor Joyce moved approval of the recommended awards and Councilor Osborn seconded; the motion carried unanimously.
Council also approved opening a new PLGIT Checking & Prime account and transferring approximately $140,000 from the Capital Equipment account to pursue a higher interest rate; Councilor Kerns moved the motion and Councilor Steadman seconded. The Council authorized posting removed playground equipment from Southwest Park on Municibid for sale. All motions on these finance items passed unanimously.
Council members said the Renaissance grants were selected based on their potential to reduce blight and encourage property improvements; the remaining applications will be considered in the next grant cycle.
