Ada CIC will get status update on Ada Boyz Holdings project
Ada Community Improvement Corp. (CIC) meets for the final time in 2019 at noon, Wednesday, Dec. 18, at the Ada depot, according to Jami Hall, board chair.
CIC will elect trustees whose terms end on Dec. 31. Persons on the ballot include Deb Curlis, Terry Keiser, Bryan Marshall, David Retterer and Fred Steiner.
Board members whose terms do not expire this year are Jamie Hall, Brandt Miller, Eileen Peterman, Angela Polachek, Norm Rex and Don Traxler.
Also, on the agenda includes a proposed schedule of 2020 meetings: Jan. 15, April 15, July 15, Oct. 21 and Dec. 16.
The meeting will also include an update of the status of the land transfer from the Village to the Ada Boyz, LLC, and anticipated 2020 business.
Ada Boyz update
Two 1992 Ada High School classmates, Troy Erickson and Billy Watterson, using the name Ada Boyz Holdings, LLC, intend to develop a distillery with a bar and restaurant and a greenhouse for growing hemp on a site in the Ada industrial park, bordering North Avenue.
The intended land purchase required action in two special Ada meetings. First, Ada council, passed an ordinance on Oct. 17, transferring the property to the Ada Community Improvement Corp. (CIC). Next, CIC on Oct. 23 passed a motion entering a real estate agreement with Ada Boyz Holdings, LLC.
The village legislation opens the door for Ada Boyz Holdings, LLC, to proceed with the purchase of approximately 10 acres in the industrial park, at a price of $7,217.54 per acre.
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