The City of Houghton is again working with the Michigan Economic Development Corporation (MEDC) for grant funding for the long-awaited Pier Placemaking Project to be constructed on the waterfront between the Portage Lake District Library and the Michigan Tech Lakeshore Center. The Pier will create a year-round gathering space along the waterfront in the middle of downtown Houghton. At the meeting on January 13, 2021, the Houghton City Council reaffirmed the match money for the project to allow it to more forward.
CITY OF HOUGHTON
PIER PLACEMAKING PROJECT
The following resolution was presented by Councilor Megowen:
WHEREAS: The City of Houghton applied for a grant from the Michigan Economic Development Corporation (MEDC) to construct a pier and perform parking, utility, park, and street enhancements in the area between the
Portage Lake District Library and Michigan Tech Lakeshore Center; and;
WHEREAS: The total project cost is $3,732,000, and;
WHEREAS: MEDC is offering a grant in the amount of $2,780,400, and;
WHEREAS: The required match from the city is $951,600.
NOW, THEREFORE, The Houghton City Council commits the match for the Pier Placemaking Project in the amount of $951,600 from the following sources:
General Obligation Bond – General Fund $ 526,175
Engineering Fees Paid to Date 175,140
Contributions from following funds:
TV Franchise 50,285
General Fund 50,000
Local Street Fund 50,000
DDA Fund 50,000
Parking Fund 25,000
Water Fund 25,000
Yes: Megowen, Needham, Salo, Suits, Backon, Cole, Irizarry
Adopted at a Regular Meeting of the Houghton City Council held on the 13th day of January, 2021.
Below are two renderings of the proposed project: