Thursday, July 20, 2006

Guv to Adrian: 'You're still cool'

Gov. Jennifer Granholm labeled Adrian as still being a cool city, but apparently still not cool enough to win a $100,000 catalyst grant to make it even cooler.
Granholm announced today that 23 projects have been selected for her 2006 Cool Cities Grants, and Adrian was again in the mix.
Now in its third year, the Cool Cities initiative offers a "Neighborhoods in Progress" designation, which awards $100,000 catalyst grants along with priority access to existing state grant funds, loans, tax credits, or services that can help create vibrant, mixed-use neighborhoods.
There were sixteen projects that received the Cool Cities "Neighborhoods in Progress" designation and 12 of those will each receive a catalyst grant of $100,000. The 12 projects receiving grant are located in Benton Harbor, Detroit (3), Flint, Grand Rapids, Howell, Ionia, Lansing, Mount Clemens, Muskegon, and Pontiac.
The four projects that received the Cool Cities designation and priority access to state resources, without the $100,000 catalyst funding are: Adrian, Cadillac, Dearborn and Saginaw. The project that Adrian's Downtown Development Authsubmittedittted is below. - The DDA has developed a three-part site assistance program. That program provides up to 50% matching grants for hard costs related to historic building facade improvements. In exchange for the grant funds, the City has received a preservation easement on the structure's facade. Currently DDA staff is working with at least three property owners considering significant (in excess of $50,000 per facade) rehabilitation projects.
"Michigan's economic success is directly tied to our ability to attract and retain jobs and opportunities that will keep our young adults here in Michigan," Granholm said. "The Cool Cities initiative is a critical tool for achieving vibrant cities, which attract job providers who in turn provide the opportunities that will grow our economy."

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