Faribault Council Appears to Approve $250,000 Match for Paradise
The Faribault City Council met as a Joint Committee last evening via ZOOM and tackled several different issues. City Aministrator Tim Murray explained the Paradise Center for the Arts (PCA) had approached the city about providing a matching grant or forgivable loan in the amount of $250,000.
If approved the plan would be for the Paradise Center for the Arts to pay off their mortgage and line of credit used to operate the facility. That total is just over a half million dollars.
The PCA has already started their campaign to raise their share of the amount needed.