MEQUON — The
Mequon Common Council, with no discussion Nov. 14, unanimously
approved lending $50,000 from its revolving loan fund to help get
plans for a shooting range off the ground.
residents Mark and Cheryle Rebholz have plans to open an eight-lane
gun range in a 9,500-square-foot building at 9653 N. Granville Road
on Mequon’s far southwest side.
action is the final step in the process. The city’s Economic
Development Board approved the loan request Oct. 24.
request was endorsed by Ozaukee Economic Development and also
reviewed by an outside financial consultant working on behalf of the
city. The revolving loan fund, which is used to spur business growth
and development in the city, has a current balance of $355,661,
according to a memo from Kim Tollefson, Mequon’s director of
located in the Dhaliwal Enterprises building, will include a
boutique pro shop, a café, separate lounge areas for members and the
general public and a reception area, according to the Rebholzes.
The city loan
is in addition to an $806,000 loan over 10.3 years that Bear Arms
has received from First Bank Financial Centre, according to
documents submitted with the application.
The city loan
will be at 2-percent interest over a 10-year period. There will be a
three-month deferral of principal to assist with start-up costs,
according to a memo from Ozaukee Economic Development that
accompanied the application to the Economic Development Board.
of the loan include that Bear Arms will create at least 1 1/2
fulltime- equivalent jobs within two years of closing on the loan
with the city. The new jobs will be made available through the
Ozaukee County Workforce Development Center. At least 51 percent of
the employees will be hired from low- to moderate-income households,
according to the OED memo.
The funds from
the loan will be used to purchase capital equipment for the
The opening of
Bear Arms has been delayed. Cheryle Rebholz said recently the goal
is to open in “early 2018.” She said there have been several delays
associated with permits and required approvals.
facility will be open to all, the OED memo said the “target market
will be women looking to learn more about guns, gun safety and
A presale of
charter memberships has sold out. The business is working to create
partnerships with the police science program at Milwaukee Area
Technical College and a collegiate gun league at Concordia
University Wisconsin, according to the OED.