Fiscal Note
The proposed resolution approves a Façade Improvement Grant totaling $5,062 to Ideal Bar, LLC located at 1968 Atwood Avenue. The 2017 Adopted Capital Budget includes $125,000 for the Façade Improvement Grant Program as part of the Capital Revolving Fund. The Façade Improvement Grant Program has awarded $19,914 to date and disbursement of $5,062 for the proposed grant will leave a balance of $100,024.
Title
Approving Facade Improvement Grant to Ideal Bar LLC. for a project located at 1968 Atwood Ave.
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 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 Facade Improvement Grant proposals:
Grantee: Ideal Bar LLC.
1968 Atwood Avenue
The scope of the exterior work will include:
a. Replace storefront glass and frames with inward opening Nanawall panels. The decorative aluminum panels above the existing openings to be retaine...
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