The Merrill Area Community Foundation has announced that a grant of $75,000 has been made to the River District Development Foundation of Merrill to facilitate the acquisition of a 15-acre parcel of Wisconsin River-front property by the city of Merrill.
Development and Leasing Corporation negotiated with the city of Merrill to transfer ownership of the former Anson-Gilkey property at no cost to the city. The River District Development Foundation will provide funding to the city for final remedial work at the site and the city will use the proceeds from future development of the site to maintain and develop the River Bend Trail project that is ongoing.
Merrill Area Community Foundation President Mike Ravn acknowledged this grant is the largest one ever given by its board.
“The generosity of the families who own the Development and Leasing Corporation in making this gift cannot be over-emphasized,” Ravn said. “It is a once in a generation gesture that helps our community expand economically and add recreational opportunities. The quality of life is enhanced for present and future Merrill citizens. We are honored to help make this happen.”