Fenton DDA Approves Lease for Clarkston Union Owners to Rennovate Old Fenton FireHall

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Fenton DDA Approves Lease for Clarkston Union Owners to

 
July  2012          Issue 2.0
Courtesy of Jason Alexander Fenton Patch, July 17, 2012
 

The DDA will provide $100,000 financial incentive and a lease of $1 per year for five years.

The Fenton Downtown Development Authority (DDA) unanimously approved a lease agreement with the owners of the Clarkston Union owners Tuesday to allow them to renovate the old Fenton Fire Hall. The DDA will provide the Clarkston Union owners with a $100,000 financial incentive, said DDA Director Michael Burns. It will be the last money invested in the building, he added. The Clarkston Union owners will have the option of purchasing the building for $1 after five years. The lease on the building, annually, is $1, Burns said.

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