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MALVERN — A committee of borough council members and residents on Friday informally agreed to allocate $117,000 to economic revitalization of the downtown.
The committee is deciding how best to spend $361,000 in federal funds from the American Rescue Plan Act to recover from the pandemic.
The revitalization would include hiring a main street manager to serve as a liaison between the borough and the businesses community.
The economic improvements also includes allocating $5,000 for a summer night market, which could include food, entertainment and crafts.
The group plans to meet again to finalize recommendations to Borough Council. Council will then vote on a final plan.
The recommendations also include:
$37,000 for upgrades at the Malvern Fire Company station. $117,000 for public works, including stormwater management. $40,000 for library renovations $40,000 for borough hall renovations. $15,000 for environmental upgrades, including electric vehicle charging stations and composting. Borough Council will make the final determination.
The 1.3-square mile borough has a population of an estimated 3,000 and is part of the Great Valley School District..
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