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Board hears August completion date and rent talks for 'Victoria' space

Summary

Board member updates indicated the 'Victoria' project expects an August 1 completion; the prospective tenant asked for rent up to $625 (board had considered $500); board members said the budget has not been finalized.

Board members received an update that the Victoria project is on track for an August 1 completion and discussed potential rent for the space.

Mary Kay Schippers reported the August 1 completion date is on track. The prospective tenant (referred to as Victoria) expressed frustration about lost grant funds; the tenant proposed rent up to $625 to help cover costs, while the board had considered $500. Alisha Hammerschmidt told the prospective tenant that the board has not yet finalized a budget and is still planning how to use available funds.

No formal lease or rent decision was made at the March 4 meeting; the board treated the update as informational while continuing budget planning.

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