Loading...
HomeMy WebLinkAboutIV.D - Resolution - Approving an Amendment to the Facade Improvement Progam Grant for 221 Sibley StThis instrument drafted by: City of Hastings 101 East 4th Street Hastings, MN 55033 CITY OF HASTINGS DAKOTA COUNTY, MINNESOTA HEDRA RESOLUTION NO. 2025-02 A RESOLUTION OF THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY (HEDRA) APPROVING AN AMENDMENT TO THE FAÇADE IMPROVEMENT PROGRAM GRANT FOR 221 SIBLEY STREET WHEREAS, On November 10th, 2021 HEDRA adopted a Façade Improvement Program; and WHEREAS, HEDRA received an application from Levi Hafstad (“Applicant”) for eligible improvements at 221 Sibley Street, commonly known as the Masonic Block Building; and WHEREAS, on September 12th, 2024, HEDRA adopted Resolution No. 2024-12 approving the requested Façade Improvement Grant for 221 Sibley Street in the amount of $4,731.67; and WHEREAS, after the Applicant received grant approval and began the project, the final cost was higher than the originally quoted price of $14,195.00 WHEREAS, after the Applicant submitted for reimbursement, the total cost was higher than the submitted estimates, totaling $14,740.82 WHEREAS, to provide the 2:1 funding for the project, HEDRA Staff recommends amending the approved grant amount to account for the increased project cost NOW THEREFORE BE IT RESOLVED, That HEDRA approves the amended grant amount issued to Alan Blankenship in the amount of $4,913.61 ADOPTED BY THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY THIS 9TH DAY OF JANUARY 2025. , President Alexander Menke, Secretary