[Lockwood] Fwd: [Belvidere-Woodcrest] Capital Inn Acquisition and Demolition Funding

From: Bobby Poole via BPW <bpw(a)eastraleigh.org> Date: August 28, 2015 at 4:07:24 PM EDT To: BPW Listserv <bpw(a)eastraleigh.org> Cc: David Proper <dpproper(a)gmail.com>om>, Mack Paul <mpaul(a)morningstarlawgroup.com> Subject: [Belvidere-Woodcrest] Capital Inn Acquisition and Demolition Funding Reply-To: Bobby Poole <bpoole29(a)gmail.com> On next Tuesday's city council agenda is an item requesting approval of FEMA funding to purchase and demolish the Capital Inn, of course, located on Capital Boulevard. The grant amount is around 1.3 million dollars. Since this program is completely voluntary, the owner and city must agree on a mutually agreeable price to complete the purchase. This is a huge step forward and hopefully the property will be purchased and demolished in the near future. Let me know if anyone has any questions. Bobby Poole _______________________________________________ BPW mailing list BPW(a)eastraleigh.org http://www.eastraleigh.org/mailman/listinfo/bpw