File #: 15-149    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 4/29/2015 In control: City Council
On agenda: 5/12/2015 Final action: 5/12/2015
Title: Communication from the City Manager with a Request to Approve a FA?ADE IMPROVEMENT PROGRAM Grant for 3611 SW ADAMS ST., in an Amount Not to Exceed $3,575.00. (District 1)
Indexes: Goal 2 - Safe Peoria, Grow employers and jobs.
Attachments: 1. Laser Electric 3611 SW Adams Council
ACTION REQUESTED:
Title
Communication from the City Manager with a Request to Approve a FA?ADE 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 Fa?ade 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 fa?ade 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 fa?ade improvement grant for the adjacent property, 3705 SW Adams Street. The fa?ade 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 Fa?ade 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 Fa?ade 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 ...

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