The Monmouth City Council approved applying Community Development Block Grants to another local business impacted by COVID-19.
Aldermen approved a CDBG grant for $25,000 to Flowers Are Us. The grants are awarded by the State of Illinois and are subject to various eligibility criteria.
The city helps facilitate grant applications and serves as a pass-through for the funding, and no local funds are used for the program.
All reimbursement requests must provide proof of eligible expenses and are reviewed before funds are released.
Last month, the city approved three CDBG grants for other businesses: Trego Johnson Enterprises, Teddy Bear Day Care, and Maude Specklebelly’s
Another developing property in Monmouth could be getting TIF money from the newly proposed TIF District, pending its approval.
Aldermen approved an inducement resolution for Bryon Robbins, who is pursuing the development of the former Howard Medical building located at 600 West 10th Avenue in the Maple City.
The council summary indicates the property has been vacant for years with little interest as the property is in a blighted condition.
While the current downtown TIF district doesn’t stretch far enough to incorporate the parcel, it would be included in the new proposed district that the City Council has been kicking around.
To be considered for expense reimbursement on TIF eligible expenses, the inducement resolution is needed.