City of Huntington Common Council Minutes 2026-04-28
EDC Recommends Loan for South Side Grocery Project
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Description
The Economic Development Commission recommended that the City of Huntington extend a $200,000 loan to South Side Grocery, LLC for two years at 5% interest to rehabilitate a south-side building into a community-funded grocery store. The loan would support acquisition and construction costs once the developer is ready to begin work.
Contract Details
Contract Amount
$200,000
Vendor
SOUTH SIDE GROCERY LLC
Agency
City of Huntington, IN
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
Contract Term
2 years at 5%
Renewal Info
Initial economic development loan recommended for a 2-year term at 5% interest; no renewals or extensions described in the minutes.
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