HARTLAND - The Hartland
Village Board approved providing financial assistance to a second
business during its Monday night meeting to help it relocate due to
a future redevelopment of the land upon which it is already located.
The Village Board
approved a maximum expenditure of $40,000 including about $26,000
for capital improvement to the new location for Social Life Dance
Center, which plans to move to 350 Cottonwood Ave. from its current
location of 210 E. Capitol Drive.
J.D. McCormick Company, LLC plans to acquire the
property generally known as 208-212 East Capitol Drive and construct
multiple apartment buildings named Riverwalk Apartments.
Village Administrator David Cox said a similar
agreement was approved earlier in August with Lake Country Bed Barn
that provided up to $27,000 in assistance, including almost $22,000
for build-out of the business’s new space at 122 Cottonwood Ave.
Cox said an agreement is forthcoming for Pink Mocha
Café, which is finalizing its relocation plans.
“It is expected that the aggregate value of the
support in that agreement will be $75,000 to $80,000. The funds to
support the relocation assistance is coming from the new (tax
incremental finance) district implemented to aid the Riverwalk
development,” Cox said in an email Tuesday.