The Pine Bluff City Council is considering accepting a $2 million grant to complete the 6th and Main project

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When they meet Monday night, the Pine Bluff City Council will consider a resolution accepting a $2 million grant from Simmons Bank and the Simmons Foundation to be used to complete the Urban Renewal Agency’s Community Project at 6th Avenue and Main Street.

In return, the bank or Foundation will receive exclusive naming rights for the  Main Street Plaza project which may include a food hall or other restaurant space, Retail incubator, micro-market and similar features.

At a meeting of the Council’s Development and Planning Committee Wednesday morning, Ryan Watley, the CEO of Go Forward Pine Bluff explained the purpose of the resolution.

Committee chairman Bruce Lockett asked for clarification of one section of the resolution.

Assistant City Attorney Joe Childers responded this way to Lockett, and to Council Member Lanette Frazier who also questioned the wording.

A revised version of the resolution provided that any property is physically adjoining the property used by the project and intended to be a part of the project.

Watley said Urban Renewal will ask for the $2 million as soon as the resolution is adopted because there are invoices on the project that are due.

Council members Lockett, Frazier, LaTisha Brunson and Lloyd Holcomb Jr. are listed as sponsors for the resolution.