Courtesy of Southern Michigan Bank and Trust COLDWATER, MI (WTVB) â An application to the Michigan Economic Development Corporation to help fund a proposed project to turn the former Gillespie Funeral Home into a multi-family dwelling is almost ready to be submitted. The City of Coldwater and Southern Michigan Bank and Trust are partners on the project. Southern owns the property at 27 Marshall Street. Economic Development Assistant Audrey Tappenden told the D.D.A. Board on Wednesday there has been a lot of progress since plans for the property were announced.