Atlantic CDC to meet this afternoon

News

June 22nd, 2011 by Ric Hanson

The City of Atlantic’s Community Development Committee is slated to meet this afternoon, in the Council’s chambers at City Hall. The committee will discuss a nuisance abatement program, and their goals for Fiscal Year 2012. The meeting begins at 12:30-p.m.

The Atlantic CDC will also discuss matters pertaining to the S.F. Martin House. Martin House owner Roger Steffens appeared before the City Council last week to inquire about the possibility of receiving financial assistance from the City to complete exterior renovations on his property. His request followed the Council’s approval of a tax rebate and financial assistance package for the Boulders Inn and Suites project, which was negotiated in May 2010, and renegotiated this Spring, after Boulders developers failed to sign the original agreement in a timely manner.

The exterior of the historic property has become an eyesore in the downtown area, as it has been left unfinished for many years. Mayor Dave Jones last week urged Steffens to seek other sources of assistance, such as grants or loans from SWIPCO and/or CADCO.

Jones said Steffens could also submit a request for proposal (RFP) to the Community Development Committee for their review, but he also said the Council was unlikely to approve any funding at this time. Jones also announced he was accepting names of persons interested in serving as advisors to the CDC on who would be eligible to receive TIF incentives and/or tax rebates for new businesses in the community.