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Commission to formalize matching funds ahead of $2.75M Stellar streetscape grant application
Summary
Staff told the Redevelopment Commission a resolution committing matching funds will be included in the Stellar streetscape grant application; the state grant amount discussed was $2,750,000 and commissioners said they will formalize the match in an upcoming resolution.
Staff (S5) said a 30% design review meeting for the Stellar streetscaping project took place with the mayor and HWC Engineering and that design changes are expected as the project moves toward a Community Development Block Grant application this fall.
Chair (S1) and staff discussed that the commission will need to adopt a resolution committing matching funds as part of the official application; staff said that while the council previously signaled a match, a formal resolution will be included with the application. Staff (S5) stated the state grant figure discussed for streetscaping is $2,750,000.
Commissioners agreed to prepare and formalize the resolution documenting the availability of matching funds and clarified that documentation will be part of the official application package when the Stellar team applies for state funds.
