ACTION REQUESTED:
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Communication from the City Manager with a Request to APPROVE a FAÇADE IMPROVEMENT PROGRAM Grant for Kim’s Beauty Supply at 1718 N. WISCONSIN AVE., in an Amount Not to Exceed $5,000.00. (District 3)
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BACKGROUND: Kim’s Beauty Supply has requested a façade improvement grant for the property at 1718 N Wisconsin Ave. The proposed improvement includes the installation of a new sign and a new door totaling $5,540. In addition, an investment by LISC of $9,806.73 is underway to paint the building and place a mural on the north side of the building. A total investment of $15,376.73 would be made to the façade of which $5,000 would be reimbursed.
Mr. Robert Chung, owner of Kim’s Beauty Supply met with staff to ensure the project meets City regulations. The Façade Review Committee did not have any comments on the project.
Façade grants are provided on the condition that: a) funds are available, b) proposed improvements are eligible, c) the project is approved by City Council, d) improvements are completed according to an agreement, and e) receipts are verified for reimbursement.
Council has approved a Façade Improvement Program to assist with the revitalization of commercial buildings and neighborhoods. Grants reimbursements for 50% of eligible project cost up to $5,000 per property are made available for façade improvements. The Program is intended to encourage owners and business tenants of existing properties to restore or renovate their buildings, in order to improve the area’s physical character and enhance the aesthetics of the commercial environment.
FINANCIAL IMPACT: If approved, the City will reimburse 50% of eligible project cost up to $5,000 and will utilize funds from the Façade Improvement CIP project E15007.
NEIGHBORHOOD CONCERNS: No neighborhood groups were contacted regarding the project.
IMPACT IF APPROVED: Kim’s Beauty Supply will have the funds to make the façade improvements and visual enhance the building and commercial district in the East Village Growth Cell TIF.
IMPACT IF DENIED: The project may be delayed, or cancelled.
ALTERNATIVES: None
EEO CERTIFICATION NUMBER: To Be Issued prior to Reimbursement
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Grow Peoria: Businesses, Jobs, and Population
2. Attractive Neighborhoods with Character: Safe and Livable
3. Choose an item.
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Grow employers and jobs.
2. Reinvest in neighborhoods.
3. Choose an item.
DEPARTMENT: City Manager's Office