(KLZA)-- The Humboldt City Council will host a public hearing on Tuesday, February 21, beginning at 6:00 p.m. at City Hall in the Council Chambers.
The topic of the hearing will concern an application to the Nebraska Department of Economic Development for a Community Development Block Grant. Funding was made available through the Coronavirus Aid, Relief and Economic Security Act.
The City of Humboldt is proposing to provide $125-thousand in a CDBG loan to assist Cleaning Cousins, LLC, doing business as Niders Grocery, to assist with direct financial start-up costs associated with equipment, working capital and building improvements for a grocery store business expansion at 734 3rd Street in Humboldt.
The project, if approved would involve an award of $145 thousand from the Nebraska Department of Economic Development to the City, $10 thousand of which will go to the City to be used for grant administration expenses and $10 thousand used for construction management expenses.
The $125 thousand performance-based loan will be forgiven entirely once the maintenance requirements are met.
If approved, the project is to be completed within 30 months.
The grant application will be available for public inspection at the City Clerk's office at City Hall in Humboldt during regular working hours.
If you cannot attend the public hearing on February 21, written comments addressed to the City Clerk in Humboldt will be accepted if received on or before Friday, February 17.
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