SUBJECT:
Action Regarding Building Improvement Grant Agreement with Farmers Insurance (124 West McLeroy Blvd)
BACKGROUND/DISCUSSION:
On Tuesday, March 1 2022, the Saginaw City Council heard information in Executive Session pertaining to the specifics of a Building Improvement Grant (BIG) Program application submitted in January 2022 by Farmers Insurance in regards to their property located 124 West McLeroy Blvd. The City Council determined in that session to award an amount not-to-exceed $1,500 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 $1,500 from Account # 01-6142-13-00 Building Improvement Grants
RECOMMENDATION:
NA |