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The Economic Development Authority unanimously approved a $250,000 loan and business subsidy agreement for a proposed 26,704-square-foot childcare center on School Boulevard, contingent on the applicant receiving bank approval.
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The funding is intended for equipment and fixtures, including appliances, storage units, lockers, and playground equipment. The proposed childcare development is part of an approximately $6.156 million project and is intended to help address the community’s childcare shortage. The EDA also discussed replacing the mural on the City-owned downtown corner building, with an estimated cost of about $30,000, but took no action on that proposal.
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