The Lansing City Council has agreed to give Troppo owner, Kris Elliott, a $440,000 loan to move Troppo across Michigan Avenue.
According to excerpts from the article:
"Council is approving the concept of the project," Councilwoman Carol Wood said.
Councilwoman Kathie Dunbar said there seemed to be very little risk in giving the green light to the plan, which includes a $440,000 loan from the Lansing Economic Development Corp.
According to the resolution, the loan, already approved by the LEDC board, will finance "furniture, fixtures and equipment."
Elliott wants to move the upscale Troppo from the southeast corner of the Michigan Avenue and Washington Square intersection to the northeast corner.
Read the entire article here.
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