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CRA approves $78,000 for Old Morgan Ltd. to shore Dean Street mixed-use building
Summary
Old Morgan Ltd., owner of a multi-tenant Dean Street building that includes retail, restaurants and apartments, received CRA approval for a storm-mitigation grant of up to $78,000 after staff presented aggregated vendor quotes totaling roughly $103,829. Commissioners requested backup quotes and staff agreed to provide them.
The CRA approved a storm resilience grant for Old Morgan Ltd. to cover mitigation work across a multi-tenant Dean Street property that includes restaurants, retail and apartment entrances. Staff reported the total of vendor quotes reached approximately $103,829 and the requested grant—calculated at 75% of eligible costs—would be roughly $78,000. Commissioners pressed for line-item backup and staff said missing documentation would be supplied and the item could be re-agendized if necessary.
Michelle Hilton Terry told commissioners the work would include pumps and storefront improvements across multiple tenants and that all items must be purchased, installed and inspected before any reimbursement. After clarifying the submitted quotes and totals, the board voted unanimously to approve the grant as presented on the record.
