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Council advances downtown and housing initiatives: Eldien covenants, streetlights and EDA activity
Summary
Council approved Eldien Addition covenants, awarded a $32,400 streetlight installation to Reichel Electric, authorized realtor RFPs for Eldien lot sales, and heard that the EDA submitted a purchase agreement for the First National Bank building and is exploring EV charging and a small loan/grant program.
Cook — The City Council on April 22 approved several development and housing actions intended to support downtown revitalization and new residential lots.
Housing Committee items carried on council motions to accept the final Eldien Addition covenants and to award Reichel Electric a $32,400 contract to install streetlights in the Eldien Addition. The council also authorized sending RFPs to local realtors to assist in selling Eldien lots and approved adding a Hospital Workforce Survey as an addendum to the Housing Study.
Separately, Economic Development Authority member John Jordan reported a purchase agreement submitted to Park State Bank for the First National Bank building and said the authority has an interested party for a downtown business. Jordan also said the EDA is exploring an EV‑charging station and has launched a small loan and grant program to support downtown investment.
Why it matters: the covenants and streetlight installation clear regulatory and infrastructure hurdles for new housing lots, while EDA activity signals private interest in downtown reuse and incremental economic development investments.
Next steps: staff will issue RFPs to realtors, execute the streetlight contract, and the EDA will advance the purchase agreement and potential EV‑charging and small‑grant programs for council consideration.
