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Subject: (Direct Referral) Request sponsored by Mayor Mason on behalf of City Development seeking permission to apply for a Wisconsin Economic Development Corporation (WEDC) Idle Site grant (Control # 00506) for Belle City Square Phase IV.
Staff Recommendation: Permission be granted to the Mayor, City Clerk, Finance Director or their designee to apply for a $200,000 Idle Site grant (Control #00506) from the Wisconsin Economic Development Corporation (WEDC) to aid in the Redevelopment of the former Horlick Malted Milk site.
Fiscal Note: There is a match of approximately $500,000 which will come from project costs associated with the larger project and will be provided by Developer.
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