ACTION REQUESTED:
Title
Communication from the City Manager with a Request to Approve a FAÇADE IMPROVEMENT PROGRAM Grant for 3611 SW ADAMS ST., in an Amount Not to Exceed $3,575.00. (District 1)
Body
BACKGROUND: As a part of the revitalization of the Southern Gateway, Council approved a Façade Improvement program which provides a grant of no more than $5,000 per property for improvements to properties within that area. 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.
To receive this grant, applicants must meet all City requirements including approval from City Council, make the improvements, and submit receipts for reimbursement of 50% of eligible expenditures in an amount not to exceed $5,000.
Laser Electric, Inc. has requested a façade improvement grant for the property at 3611 SW Adams St. The improvement will consist of exterior painting and replacement of rotted wood. Laser Electric, Inc. previously received a façade improvement grant for the adjacent property, 3705 SW Adams Street. The façade improvement regulations allow for one grant per property. Being a separate parcel, this property qualifies for the program.
The applicant attended a One Stop Shop meeting to ensure the project meets City regulations. The Façade Review Committee did not have any comments on the project.
FINANCIAL IMPACT: If approved, the City will reimburse the property owner for 50% of the project, not to exceed $3,575, from funding available in the Southern Gateway Façade Improvement CIP project E14003 and the property at 3611 SW Adams St. will receive funding as previously outlined.
NEIGHBORHOOD CONCERNS: No neighborhoods were contacted regarding the project.
IMPACT IF APPROVED: Laser Electric Inc. will be reimbursed 50% of the cost of the improvements, up to $3,575. This will assist with revitalization efforts in the Southern Gateway.
IMPACT IF DENIED: If this request is denied, Laser Electric, Inc. would not receive the reimbursement for the improvements.
ALTERNATIVES: None
EEO CERTIFICATION NUMBER: 00033-150930
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL'S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Grow Peoria: Businesses, Jobs, and Population
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Grow employers and jobs.
DEPARTMENT: City Manager's Office