Committee to forward developer agreement enabling WEDC match grant for Eugene Hotel to council
Staff said the City of Monroe would act as a pass-through for a WEDC match grant for the Eugene Hotel so the developer can receive up to $250,000 in matching funds; the committee voted unanimously to send the developer agreement to council.
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Administrator Wendy explained the proposed developer agreement with Soca Properties LLC is needed so the City of Monroe can act as the pass-through for a WEDC match grant tied to the Eugene Hotel project.
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