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The Industrial Development Authority approved an agreement with Resource Environmental Solutions for services at the Coleman site, with costs capped at $2.5 million. The board also approved contracts, leases, property management, maintenance, demolition, and other development-related actions.
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The approvals authorize major property and economic-development work in Danville, including up to $2.5 million for services at the Coleman site and up to $369,460 for property management at Dan River Falls. The board also approved up to $91,700 for an interior storage mezzanine, up to $35,200 for repairs, and up to $30,490 for geotechnical engineering at the Coleman site. Staff reported that a grant was received for façade improvements in the Five Forks area and that downtown parking-garage work will begin in October.
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