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Hancock DDA Completes Purchase of Former Hardware Store – City Council Report

The Hancock Downtown Development Authority now owns the former Risto’s Hardware building on Quincy Street.

At last night’s city council meeting, City Manager Mary Babcock reported that the purchase closed yesterday morning. After some initial cosmetic improvements…

We will be looking at what we can do in the storefront that has plastic hanging, to at least try to brighten that spot.

…the city and the DDA will work with the Michigan Economic Development Corporation to develop a long-term plan for the property.

Babcock said that six applications have been received for the open police chief job. Several council members will review the applications to replace Wayne Butler, who is retiring.

The council accepted a grant from the Michigan Department of Natural Resources Trust Fund to cover 75 percent of the projected cost of purchasing some waterfront property. The land would complete the Navy Street Trail. Babcock said preliminary work has been completed, but no purchase agreement is in place…

We have done the environmental assessment, we have done the title search. Our next step will be the actual appraisal of the property, and then working with the property owners to see if it’s going to be possible for us to acquire it.

The amount of the grant is based on the current assessment of the land, and could be adjusted once, and if, an actual purchase price is set.

Council members also approved $35,000 to build a new garage at the Hancock Driving Park. The amount covers the anticipated cost of materials. Department of Public Works employees will build the structure.

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