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2020-08-12 Report
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2020-08-12 Report
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5/12/2021 5:45:42 PM
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ECONOMIC DEVELOPMENT <br />Economic Development Authority <br />(EDA) <br />CenterStage <br />Some recent posts include: <br /> <br /> Ruffridge-Johnson <br /> Centerville Floral <br /> <br /> <br /> <br /> <br />The EDA recently added a weekly newspaper ad <br />to the CenterStage program. It will feature 2 <br />businesses each week. <br /> <br />2020 Strategic Plan <br />Commissioner Mike Giovinazzo presented the <br />Zoning Commission Meeting on August 4. The EDA plans to meet with the other <br />committees at least once a year to help align their goals with that of the other city groups. <br /> <br />1737 Main Street <br />A realty sign has now been placed on the site and Mr. Brass is free to market the site to <br />potential developers. <br /> <br />EDA Revolving Loan and Grant Program <br />The EDA recently met and reevaluated their Revolving Loan and Grant Program. In order <br />to attract more applications, the EDA reduced the matching requirement for the grant <br />portion of the program to a 1:1 match. Meaning for a $10,000 project, a property could <br />receive a $5,000 grant. The maximum grant remains at $5,000. Businesses may receive <br />one grant every 5 years. <br /> <br />The EDA also awarded a $5,000 grant to the owner of 7087 Main Street for improvements <br />to the front façade and patio area of the building. <br /> <br />
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