4th Avenue LLC Development Agreement — 924 Main Street
Description
The city would give 4th Avenue LLC a one-time grant — up to $58,479 or 25% of construction costs — to make minimum improvements to the 924 Main Street building, with the restaurant space required to stay leased.
Impact summary
Supports a commercial development project in the city.
Applicant
- Name
- 4th Avenue LLC
- Address
- 924 Main Street, Grinnell, IASee this on the map
At a glance
- Hearings
- 4
- Public comments
- 0
- Total mentions
- 4
Last vote · Finance Committee
Discussed at 2 meetings in the last 60 days; most recently Oct 19, 2026.
Meeting timeline (4)
Finance Committee - Oct 19, 2026
The city would give 4th Avenue LLC a one-time grant — up to $58,479 or 25% of construction costs — to make minimum improvements to the 924 Main Street building, with the restaurant space required to stay leased.
City Council - Oct 19, 2026
The city signed a development agreement with 4th Avenue LLC after a public hearing with no objections filed.
City Council - Oct 5, 2026
The council set a public hearing date for a development agreement with 4th Avenue LLC — the project is tied to Dick Nap / Prairie Hospitality Group. The city's contribution was bumped from 20% to 25%.
City Council - Aug 3, 2026
This public hearing was cancelled — the development agreement is still being negotiated.
Related issues (1)
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