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State funds eyed for warehouse

March 07, 2007|by DAN DEARTH

The Hagerstown City Council on Tuesday discussed introducing a resolution that would support the procurement of state funding to help renovate the Tusing Warehouse at 58 E. Washington St.

The state funding, if awarded, would not require a matching amount from the city, said Deborah Everhart, city economic development director.

She said the money would come from the state's Neighborhood Business Works Program, which helps stimulate investment in Maryland's older communities by assisting small-business people in securing public funding.

The amount of the state's award cannot exceed 50 percent of the project's total cost, Everhart said. The estimate to renovate the warehouse is $840,000; therefore, the state's contribution would not exceed $420,000, she said.

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According to a development proposal, the renovation of the warehouse includes building an events center on the first floor for conferences, recitals and art shows. The second floor would be converted into a space for banquets, weddings and other activities for private and community groups.

The City Council adopted an ordinance last week to sell the warehouse to Hagerstown developer Milton Stamper for $110,000.

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