Last night the Evansville Redevelopment Agency met to discuss the developers agreement rough draft for the Economy Store project, otherwise known as the Old Ace Hardware.
At stake in the discussion of the details of the project----well----Everything is at stake and dependent on proper submission of the budget for the project so that the city can pay 25% of the estimated 1.9 million dollars and also dependent on the budget details is the Commerce Dept grant of $300,000 which in addition to documentation of project details, requires that the city pay the 25% as a condition of the grant. So---about $800,000 is at stake in the developer meeting the requirements listed in the previous post.
Click on the audioblogger for 45 minutes of the discussion. "The Economy Store--the Movie" will also be available at a later date. Stay tuned.
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MP3 File
For the final 25 minutes click on the audioblogger below:
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MP3 File
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