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HomeMy WebLinkAbout[07b] BFA Disbursement - Tanya Finken . CITY OF 5T. JOS�PH vuvc�cv.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:Tanya Finken, Sliced on College Ave Councilors Matt Killam Bob Loso Background: Renee Symanietz As you may recall in April of this year the EDA approved a BFA grant application submitted by Dale wi�k Tanya Finken,d.b.a.Sliced on College Ave.The project is applicable to the property at 14 College Avenue North. The project invoives installation of new doorlwindows, installation of a walk-up EDA take out window, new signage, new equipment, and interior upgrades. Project cost estimate was Doug Danielson $60,000. The EDA approved a BFA matching grant of up to$1,000. Larry Hosch Gary Osberg Receipt of paid invoices is pending at this time but anticipated prior to the June meeting. Rick schultz Information wiil be made available at the meeting. Dale Wick Action: � Authorization for BFA grant distribution in the amount of$1,000 is kindly requested. THIS PAGE INTENTIONALLY LEFT BLANK