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Subject: Communication from the Director of City Development requesting amendments to the agreement for a site assessment grant for the Horlick Malted Milk Company campus.
Recommendation: That the Mayor and City Clerk be authorized and directed to enter into amended contracts with Horlick Haban, LLC., to provide the funding necessary to satisfy the site assessment grant for the Horlick Malted Milk Company campus.
Fiscal Note: On behalf of Horlick Haban LLC., the city applied for and was awarded a site assessment grant from Wisconsin DNR totaling $59,790. The grant required at least a dollar for dollar match, which Horlick Haban LLC. has agreed to provide. Total project costs are now estimated at $137,057. The amendment is needed to reflect the higher project costs and to restate that the project is at no cost to the city.