Fiscal Note
Funding of $150,000 for the Façade Improvement Grant Program is authorized in the 2012 Adopted Operating Budget as part of the Capital Revolving Fund (p. 25). This Resolution awards grants totaling $20,000. Following approval of this Resolution, $70,000.00 of authorized funding will remain for future projects.
Title
Approving Facade Improvement Grants to 640 & 642 State Street (GameStop) and 558 State Street (Vacant).
Body
On October 3, 2000, the Common Council adopted Resolution ID # 61179, approving the Facade Improvement Grant Program to support and encourage small local businesses to reinvest in the downtown and smaller, neighborhood shopping and business areas and designating the Community Development Authority as the agent of the City for the operation and administration of the Program. The grants are matching grants and will be provided in an amount up to 50% of the total project costs up to a maximum of $10,000 for a single facade, $20,000 for a building with two facades, and $25,000 for a "flatiron" building. The objective of the Program is to restore, beautify, or enhance the entire facade or elevation of a commercial building. The Facade Improvement Grant Program Staff Team has reviewed the following Façade Improvement proposals and determined that it meets the requirements of the Program. The Urban Design Commission has reviewed the proposals and recommends design approval.
NOW, THEREFORE, BE IT RESOLVED that the Common Council does hereby approve the following Facade Improvement Grant proposals:
1. 640 & 642 State Street: GameStop
Grantee: The Hawthorne Buildings, LLC
a. New tile
b. New awnings
c. New storefront frame, clear anodized aluminum
d. New aluminum storefront door
e. Patch concrete
f. New lighting
g. Paint
Total project cost is estimated at $25,000.00
Façade Improvement Grant not to exceed $10,000.00
2. 558 State Street: Vacant
Grantee: 552 State Street, LLC
Replace existing façade to coordinate with recent façade improvements done to the rest of the building (552 State Street)
a. New granite cladding to match existing
b. New aluminum storefront, doors, with clear insulated Low-E glass
c. New lighting to match existing
d. Repaint existing cornices
e. Trim band dark bronze anodized aluminum, full width of building
Total project cost is estimated at $25,800.00
Façade Improvement Grant not to exceed $10,000.00
BE IT FURTHER RESOLVED that the Mayor and City Clerk be and hereby are authorized to execute grant agreements with the grantees and any other documents necessary to complete these improvements.