Mattoon council to vote on entrepreneur support, work

MATTOON – The city council is scheduled to consider allocating $100,000 on Tuesday, Oct. 4 to help establish a microcredit program for local entrepreneurs.

The council would allocate the money from the city’s revolving loan fund to Elevate CCIC, Inc. to help this entrepreneur development center set up its own small start-up revolving loan fund. The city uses its revolving credit fund to promote economic development and replenishes the fund with payments from past corporate loans.

Opened in 2020 in renovated spaces on the north side of Cross County Mall with the help of Google grants, Elevate offers a variety of entrepreneurial support services including office and meeting space and high-speed wireless Internet connectivity.

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“The City believes that Elevate’s support in establishing its own revolving credit fund will further support the growth of entrepreneurs and small businesses in the community through Elevate-managed microcredit,” the resolution reads.

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In other matters, the council will consider providing $17,900 to design a sidewalk improvement project along Western Avenue that would benefit Riddle Elementary School.

The proposed resolution to allocate Motor Fuel Tax funds to the Upchurch Group of Mattoon for this preliminary engineering work reported that the City is preparing construction plans for a sidewalk project on the west side from Noyes Court to 43rd Street where Riddle is located. The project, which will include new sidewalk ramps, will be funded in part by a grant from the Illinois Department of Transportation for Safe Routes to School.

Proposals on the agenda for the 6:30 p.m. Council meeting at City Hall also include an ordinance for the sale of 59 square feet at the northwest corner of Illinois Route 16 and 16th Street on the Mattoon Public Library campus at 1600 Charleston Ave., for $600 IDOT. The ordinance reported that IDOT would use this property as part of its plans to build roads, traffic lights and sidewalks on Route 16 (Charleston Avenue) from Lake Land Boulevard to Swords Drive.

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Contact Rob Stroud at (217) 238-6861. Follow him on Twitter: @TheRobStroud

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