The effort to develop a segment of Sturgeon Bay’s west side waterfront moved a notch forward Tuesday evening when the city council gave the go ahead for an application to be submitted for community block grant funding. Marty Olejniczak, Sturgeon Bay Community Development Director, told the council that the city’s application would ask for a grant of up to $500,000. He explained where the money would be used, if the grant was approved…[audio:http://wdor.com/wp-content/uploads/2012/11/N1797.mp3|titles=Marty Olejniczak]
Olejniczak said even if the city is successful in obtaining the grant it is not required to go through with the project…[audio:http://wdor.com/wp-content/uploads/2012/11/N1798.mp3|titles=Marty Olejniczak]
The application for the grant funding indicates that new private development on the former co-op site when coupled with the adjoining city-owned parcel is expected to have a value in excess of $9,000,000.
