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HomeMy WebLinkAbout[07a] BFA Grant Disbursement-Jeff Engholm . CITY �F ST. JOS�PH �w��v.cityo(stjoseph.com DATE: June 2, 2015 Administrator Judy Weyrens MEMO TO: Economic Development Authority Mayor FROM: Cynthia Smith-Strack Municipal Development Group Rick Schultz RE: BFA Grant Reimbursement: Jeff&Stacie Engholm, Prego Properties Councilors Matt Killam Bob Loso BBCkground: Renee Symanietz As you may recall in April of this year the EDA approved a BFA grant application submitted by Dale wiok Jeff and Stacie Engholm, d.b.a. Prego Properties.The project is appiicable to the property at 27 Minnesota Street West. The project involves severai fa�ade enhancements and upgrades. EDA Project cost estimate was$38,000. The EDA approved a BFA matching grant of up to$1,000. Doug Danielson Larry Hosch Receipt of paid invoices is pending at this time but anticipated prior to the June meeting. Gary Osberg Information will be made available at the meeting. Rick Schultz Dale Wick ACtlOtl: Authorization for BFA grant distribution in the amount of$1,000 is kindly requested. THIS PAGE INTENTIONALLY LEFT BLANK