Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Economic Development topic

No spam. Unsubscribe anytime.

Kewanee to apply for $3 million DCEO downtown grant, council agrees to 25% city match

Kewanee City Council · July 8, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council approved Bill 24-65 to apply for the Department of Commerce and Economic Opportunity Rebuild Downtown grant to continue downtown streetscape work. The grant is for $3 million; the council noted a city match of 25% (roughly $1 million) could be satisfied with other federal funds and is based on a Hutchison Engineering preliminary estimate.

On July 8 the Kewanee City Council voted 5-0 to approve Bill 24-65, authorizing an application to the Illinois Department of Commerce and Economic Opportunity (DCEO) Rebuild Downtown and Main Streets Capital Grant Program to fund infrastructure and streetscape improvements in the city’s downtown business district.

Councilmember Colomer said the grant program amount referenced is $3 million but will not cover the entire downtown project. He noted that this round of funding requires a 25% city match, compared with a 10% match on the earlier grant. City staff said the 25% match equates to “almost a million dollars” based on a preliminary estimate from Hutchison Engineering, and that the city could apply other federally earmarked funds or a separate federal grant toward the match; the estimate does not have to be paid up front and would come due only if the grant is awarded.

Councilmember Colomer moved approval and Councilmember Faber seconded; the council approved the application unanimously. The action allows staff to submit the DCEO application; any awarded funds and required matching commitments will be subject to future council action and budget appropriation.