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MANISTIQUE – The Downtown Development Authority has been busy, and though the group has even more projects slated, its future remains uncertain. Several projects now rest in the hands of the Manistique City Council, which must determine whether or not to extend the life of the DDA.
The DDA is currently approaching the close of its 30-year life span, set to end in 2018. The Group has been approved for a multi-million dollar grant from the Michigan Waterways Commission for projects including: river and harbor dredging, upgrades to the west side boat launch, and various improvements to the marina. The money is to be received in phases, each funding one of the projects. Phase 1, river and harbor dredging was completed in 2010.
In order to embark on Phase 2, new broadside docking along the river’s edge to accommodate larger vessels, a new harbor master building, fuel station, and vessel pump-out facility, the DDA must seek bonds to fund their match for the project – approximately half of $1.6 million.
If bonds are obtained, the DDA will need to exist long enough to pay them off – resulting in the extension request. In October, city council members voted unanimously to allow the DDA to continue talks with its bonding attorney and for its members to come up with a proposal for council.