Fiscal Note
Funds are included in the Planning and Development 2004 Capital Budget, project #40, "Facade Improvement Grants."
Title
Approving Facade Improvement Grants to: 125 State Street (Castle & Doyle Building) and 317 State Street (Irish Pub).
Body
On January 20, 2004, 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. 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, or substantially beautify, or enhance the entire facade or elevation of a commercial building. These facade proposals have been reviewed by the Facade Improvement Grant Staff Team and meet the requirements of the Facade Improvement Grant Program. The Urban design Commission has reviewed these facade proposals and recommends design approval.
NOW, THEREFORE, BE IT RESOLVED that the Common Council does hereby approve the following facade improvement grants:
Castle & Doyle Building125 State Street (118 Fairchild Frontage) Facade grant not to exceed $10,000
118 State St. Group, LLC Estimated total project cost $44,494
Work covers restoration of old brick (rear facade), window replacement, and decorative treatment to iron jump basket.
Irish Pub317 State Street Facade grant not to exceed $8,000
Bull Ring Madison, Inc. Estimated total facade project cost $16,000
Work covers removing the old stucco front and restoring the Frank Lloyd Wright prism glass, restoring the terracotta, installing new tile in the entryway, replacing the header, adding new signage, lighting and painting.
BE IT FURTHER RESOLVED that the Mayor and City Clerk be and hereby are authorized to execute grant agreements with these grantees and any other documents necessary to complete these improvements.