Commercial rehab loan granted to GunFlint Tavern
The Grand Marais City Council approved a $9,500 commercial rehab loan request from the GunFlint Tavern June 12.
GunFlint Tavern owner Jeff Gecas attended the meeting along with Housing Administrator Nancy Grabko and Hal Greenwood of the Grand Marais - Cook County Economic Development Authority. City Administrator Mike Roth explained that the loan comes from a commercial rehab revolving loan fund established through a grant from the Iron Range Resources and Rehabilitation Board. A similar loan was recently granted for a rehab project at The Garage; overall the program has funded about $234,000 worth of improvements for downtown Grand Marais businesses.
Grabko said the loan recipients are chosen by an independent community review committee comprised of Greenwood, Vicki Wentz and Jan Sivertson. The GunFlint Tavern was one of four applicants ranked.
Plans for the GunFlint Tavern project call for replacement of window units, pointing of 06-27-13 all exterior walls, and installation of new doors and heat/air conditioning units. Total cost of the work is estimated at $79,500 which will be funded by the city IRRRB grant, Cook County Revolving Loan Fund ($26,500), EDA Small Cities Development Program grant ($38,500) and a $5,000 commitment by the business owner