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Council approves TIF help to repair downtown garage elevator; owner named as Nancy Brown
Summary
The council approved a TIF redevelopment agreement to help Steve's Smith and Allen Garage (owner Nancy Brown) replace a failed car elevator at 41 North Kellogg Street. Total project cost cited as $62,548.80; TIF assistance not to exceed $18,007.64.
Council voted to approve Redevelopment Agreement 254012 to help modernize equipment at a downtown garage owned by Nancy Brown, located at 41 North Kellogg Street.
Staff explained the car elevator failed a state inspection and replacement parts are hard to find. "This agreement aims to retain a long term downtown business by funding a portion of the $62,548.80 total project costs through tax increment financing funds," staff said, adding that the TIF incentive would not exceed $18,007.64. Council members praised the proposal as a way to keep a longstanding business open and approved the agreement by voice vote.
No speakers at the meeting opposed the agreement; staff said the TIF-four redevelopment area has sufficient funds to cover the request.
