Ishpeming DDA to consider 2020 budget, land transfer
ISHPEMING — The Ishpeming Downtown Development Authority will consider its proposed 2020 budget along with several other items during a meeting in the City Hall Conference Room at 4 p.m. on Monday.
The budget has been pared down in the last few years, as a result, in part, of the payment structure of a $2.975 million capital improvement bond taken out by the authority for work completed on Malton Road in 2011.
Other items the DDA will consider include a transfer of the lot at 116 W. Canda St. to Shelly’s Rainbow Bar, Inc.
In April 2017, the DDA agreed to transfer the title of the parcel, which is adjacent to the bar owned by Dave and Shelly Thibault, provided certain improvements to the site had been completed.
The deal was struck in lieu of repairs to the west wall of the Rainbow Bar, which was exposed when the building that stood on the now vacant lot was demolished in 2016 using funds from a Marquette County Land Bank Authority Blight Elimination Grant.
Members of the authority will also hear an update on the Lake Bancroft Park Pavilion, which is being funded by a $250,000 grant awarded to the DDA in 2015 by the Cliffs and Eagle Mine Marquette County Community Fund, a $300,000 Michigan Natural Resources Trust Fund grant and a $50,000 pledge from DDA coffers.
Lisa Bowers can be reached at 906-228-2500, ext. 242. Her email address is email@example.com.