SUBJECT:
Action Regarding Building Improvement Grant Agreement with El Pasito, LLC for the property on 124 W. McLeroy Blvd.
BACKGROUND/DISCUSSION:
On Tuesday, November 3, 2020, the Saginaw City Council heard information in Executive Session pertaining to the specifics of a Building Improvement Grant (BIG) Program application submitted during October 2020 by El Pasito, LLC regarding to their property located at 124 W. McLeroy 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:
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