Fiscal Note
The proposed resolution approves a façade improvement grant to Literacy Network, Inc. Funding of $125,000 for the Façade Improvement Grant Program is authorized in the 2016 Adopted Operating Budget as part of the Capital Revolving Fund. This resolution awards grants totaling $20,000. Following approval of this resolution, $105,000 of authorized funding will remain for future projects.
Title
Approving a Façade Improvement Grant to Literacy Network, Inc. located at 701 Dane Street.
Body
On October 3, 2000, the Common Council adopted Resolution ID # 61179, approving the Façade 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 façade, $20,000 for a building with two façades, and $25,000 for a “flatiron” building. The objective of the Program is to restore, beautify, or enhance the entire façade or elevation of a commercial building. The Façade Improvement Grant Program Staff Team has reviewed the following Façade Improvement proposals and determined that it meets the requirements of the Program. The CDA has granted a waiver to the Program Target Area so that we may serve this Madison Historic Landmark property. 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 Façade Improvement Grant proposal:
1. 701 Dane Street, Grantee: Literacy Network, Inc.
The scope of the exterior work will include:
a. Modify existing window opening and install new entrance door and sidelight accessing tenant space.
b. Modify the landscaping and pour concrete sidewalk and l...
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