Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Small Business topic
No spam. Unsubscribe anytime.
Simply Cycle asks for winter rent relief; board to consider within June budget review
Summary
Eli Dancy of Simply Cycle asked for a 50% rent reduction for December–March citing seasonal business; the board discussed integrating winter relief into the FY27 budget and tabled a decision until June.
Eli Dancy, owner of Simply Cycle, asked the EDA on May 7 for a 50% rent reduction for the winter months (December–March) to offset seasonal revenue declines, noting the business hosts a cooling station, bicycle rentals and indoor classes and that Route 5 sees fewer riders in winter.
Board members discussed whether to address seasonal relief through individual lease modifications or by building a winter relief program into the FY2027 budget, potentially redirecting Business Growth Grant funds to equitable seasonal assistance. Mr. Johnston suggested a budgeted program so relief would be available to all eligible tenants; no vote was taken and the matter was tabled for the June meeting prior to Mr. Dancy’s renewal.
