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TIFA approves façade grant for Riverstop Saloon in Newaygo
Summary
The Newaygo TIFA board approved a façade grant for Riverstop Saloon at 56 State Road, authorizing up to 50% of actual project costs or $7,299.98, following a motion by John Buckley Jr. and second by Bryce Cronk. The vote carried unanimously among members present.
The Newaygo Tax Increment Finance Authority voted July 19 to approve a façade grant agreement for 56 State Road, the Riverstop Saloon, with funding capped at the lesser of 50% of the project’s actual cost or $7,299.98.
City Manager and TIFA Director Jon Schneider reviewed the packet materials and said the Façade Grant Committee recommended the award. The motion to approve the grant was made by John Buckley Jr. and seconded by Bryce Cronk; a roll-call vote recorded yeas from Mark Brock, John Buckley Jr., Bryce Cronk, Ed Fedell, Mary Franklin, Morgan Heinzman, Tom Postma, Andy Rusk, Chris Wren and Charles Zeldenrust; Jake Cooper and Joel Phillips were absent. The motion carried.
The board did not specify additional conditions or a timeline in the meeting minutes. Schneider had included the grant agreement and application in the board packet for review.
The board moved on to other budget and project items following the vote.
