MEDC Rejects Grant for City Property Purchase
June 6, 2015
A $1.25 million grant request that would have allowed the city to purchase a parcel of property at 400 Eighth Street was rejected by the Michigan Economic Development Corporation (MEDC) this week. City commissioners had hoped to use the parcel to expand Boardman Avenue as part of the city's Corridors Master Plan. Traverse City Mayor Michael Estes, who said the city had been promised "an almost guarantee approval" from the MEDC for the grant, called the rejection "fishy."
"Sounds like someone got to the MEDC and exerted some political pressure," Estes says. "I sure would like to know who." Estes says he plans to further investigate the cause behind MEDC's rejection of the request.
Comment
NMC Eyes Potential Nine-Figure Fundraising Campaign
Read More >>When Will Fourteenth, Franke Get Fixed?
Read More >>TCBN: Who Are The Region's Top Realtors?
Read More >>Longime Local Leader Mark Eckhoff Dies
Read More >>
Eighth Street Social District Reopens for Season; City Commissioners to Review Monday
Read More >>TC Man Arrested for Domestic Violence
Read More >>Sara Bageris Appointed to TCAPS Board
Read More >>New Mixed-Use Development, Pocket Park Proposed for East Front
Read More >>Six Local Women Nominated For Grand Traverse Region ATHENA Award
Read More >>Underserved No Longer: Inside Cherry Capital Airport’s Massive Spring, Growing Flight Roster, And Emergency Parking Expansion
Read More >>