ALTON – Councilors meeting as a whole committee on Monday approved to authorize Mayor Brant Walker to sign a redevelopment agreement with JV Baumann Properties, LLC.
The agreement will allow JV Baumann Properties to rehabilitate and rebuild three properties in the city. Repairs will include internal demolition, electrical upgrades, accessibility improvements, internal finishing and on-site improvements.
The total cost of the low bid project is $ 155,600. As part of the agreement, the city will also provide monetary assistance of a maximum of US $ 25,000, if necessary.
Also on Monday, Walker was authorized to execute a contract of easement and right of way and temporary construction easement at 1604 Greenwood St., and a word was changed in the City Code, Title 9, Chapter 1, Section 6, Subsection B.
The city council will meet at 6:30 pm. Wednesday, February 24th.