PROJECTCONTRACT AWARD

Commercial rehab loan for Sires Inc.

Town of St. Charles
Detected
Jul 14, 2026
111 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 111 days agoJul 14

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THE 30-SECOND BRIEF

What's planned

The EDA recommended, and council is asked to approve, a $5,000 Commercial Rehab Loan to Sires, Inc./Bill Sires for storefront upgrades at 1204 Whitewater Avenue. Work includes replacing the front door, windows, awning, and siding, with a contractor estimate of $10,572 and owner match documented. This award will fully commit the city’s 2026 rehab loan allocation, but it flags an active small commercial building renovation where contractors, suppliers, and future tenants may have additional needs.

Background

Loan cannot be finalized until council approval; Saints Nutrition is the current tenant at 1204 Whitewater Avenue and may have separate fit-out needs.

From the meeting

Meeting date
July 14, 2026
Agency
Town of St. Charles

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