SUBJECT:
Action Regarding Building Improvement Grant Agreement with Palomino Southern Limited Partnership (510-548 S. Saginaw Blvd.)
BACKGROUND/DISCUSSION:
On Tuesday, September 15, 2020, the Saginaw City Council heard information in Executive Session pertaining to the specifics of a Building Improvement Grant (BIG) Program application submitted during August 2020 by Palomino Southern Limited Partnership in regards to their property located at 510-548 S. Saginaw Blvd. 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 |