DDA submits $87,500 reimbursement request to MEDC for Holt Farmer’s Market expansion

Administrative Assistant Cassie Butler reported the Downtown Development Authority has completed and submitted the Lansing Economic Area Partnership (LEAP) Milestone One report for the Holt Farmer’s Market expansion to the Michigan Economic Development Corporation. The submission included a reimbursement request of $87,500, which Butler reported represents 50% of the project’s eligible expenses.

Butler told the board the report outlined project progress and eligible expenses and that staff will monitor the MEDC review and provide updates as information is received from LEAP and the MEDC. The board did not take a separate vote on the reimbursement request during the Sept. 29 meeting; the report was received as an informational item.