The Meadville Tribune
By Jean Shanley
Thursday, August 27, 2015
CONNEAUT LAKE – Work continues on grant applications for the revitalization of downtown Conneaut Lake.
Borough Council approved at a recent meeting changes to a grant application as requested by Bill Eldridge, council member, who also is president of the Conneaut Lake Community Revitalization Committee, which is spearheading the project to revitalize the downtown.
The latest application would be for construction on Water Street, from Second through Fourth streets, including stormwater and sidewalks. It requires 20 percent from the local community, and Eldridge reviewed various possibilities to raise that amount, which would be about $150,000. The idea included borrowing funds from a commercial institution or piggybacking on a county bond project.
Council also approved transferring $25,000, which had previously been designated for revitalization, to a special account.
Eldridge was asked to investigate the various resources and report back to council for further discussion.