BACKGROUND/DISCUSSION:
On Tuesday, September 17, 2019, the Saginaw City Council heard information in Executive Session pertaining to the specifics of a Building Improvement Grant (BIG) Program application that was submitted September 3, 2019 by Baceline Investments (corporate name: NDFIII North Town Center, LLC) in regards to their property located at 1029 N Saginaw Blvd, in Saginaw.
The City Council determined in that session to award an amount not-to-exceed $5,000.00 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 $5,000.00 from Account # 01-6142-13-00 Building Improvement Grants
RECOMMENDATION:
NA