COLUMBIA — The Columbia City Council requested that City Manager Mike Matthes make changes to a proposal to use surplus funds before the city will initiate work.
Matthes proposed a slew of activities that would utilize a $951,741.00 surplus in the General Fund at the council's Monday night meeting.
Here is a breakdown on how the money would be spent:
- $475,954 allocated toward the restoration of the interior of the J.W. "Blind" Boone home.
- $100,000 to construct a number of projects recommended by the Disabilities Commission.
- $150,000 to establish a revolving loan fund within the Regional Economic Development Inc. to fund economic development investments.
- $200,000 to improve a project chosen by citizens through an Internet-based survey.
Matthes said he may bring the proposal back, with changes, sometime in May.