SUBJECT:
Action Regarding Building Improvement Grant Agreement with El Pasito LLC (124 West McLeroy Blvd)
BACKGROUND/DISCUSSION:
On Tuesday, January 4, 2022, the Saginaw City Council heard information in Executive Session pertaining to the specifics of a Building Improvement Grant (BIG) Program application submitted in December 2021 by El Pasito LLC in regards to their property located 124 West McLeroy Blvd. The City Council determined in that session to award an amount not-to-exceed $5,000 in reimbursable and matching dollars for the anticipated improvements as proposed on their application. The included contract under consideration is the realization of that intention.
FINANCIAL IMPACT:
Maximum of $5,000 from Account # 01-6142-13-00 Building Improvement Grants
RECOMMENDATION:
NA |