The city said it has obtained approval for a $250,000 state capital improvement grant to assist with the purchase of Joe’s Garage.
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The funds are dispersed through the Ohio Department of Natural Resources for riverfront enhancement projects, according to the city. The purchase agreement calls for a $330,000 purchase price for the .52 acre property.
The city said it will obtain a loan for the remainder of the Joe’s Garage purchase cost, as well as for the purchase of .32 acre Profile Digital Printing site, which went out of business earlier this summer. The proposed agreement for this property calls for a $182,000 purchase price, according to the city.
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