(SANILAC COUNTY) – The Sandusky city council voted to pay off their Diamond Trail land acquisition loan during Monday evening’s meeting. Council agreed to make the final payment of just under $22,000 dollars, paying off the $225,000 note that originated in 2003.
City Manager Dave Faber said the Parks Sinking Fund has a balance of over $53,000 and it made sense to pay off the note this fiscal year to save interest money.
Council also gave approval of a lot split on a piece of property on the city’s west side, clearing the way for development of a local business relocating. City Manager Dave Faber said Greenstone Financial Services intends to move from their location on South Elk Street and construct a new 7,000 square foot building on property near W. Sanilac Avenue and Gates Road.
Construction is expected to begin this summer. Council discussed the possibilities for the current location and felt their are several options, both with residential or commercial.
In other council news, Faber said permits have been given and construction bids have been mailed out for the new Taco Bell that will break ground this spring, also on the west side of town.
Company officials are seeking underground utility bids and expect to have the business built and open later this year.
The property for the new business is located just west of Exchange State Bank at the intersection of Gates Road and West Sanilac Avenue.
