(Spencer)– Meeting in special session Tuesday evening, the Spencer City Council voted to offer two different micro grant programs to assist residents impacted in the June flood. One of those is to assist those who’s property was damaged with special paint markings applied by city crews during the flood. Those markings were made on structures to help delineate them for water rescue crews as well as to identify those that had damaged foundations. Interim City Manager Kevin Robinson says the microgrant program will assist those who’s building’s were damaged by the paint that was used…
Another microgrant program offers up to $3,000 in matching funds to help restore foundations. Robinson says they’re also looking at the possibility of a third microgrant program that would assist owners of rental properties who were not eligible for FEMA assistance…
Robinson says cash reserves in the city’s budget are being used to fund the microgrant programs as well as to cover upfront costs of repairs to public infrastructure…
That reimbursement will come from FEMA. Robinson says reserves in the city’s Economic Development Fund could also be tapped if need be.
