Fiscal Note
The proposed resolution approves a Façade Improvement Grant totaling $20,000 to Richard Fritz for property located at 111-117 S. Pinckney Street / 107-111 King Street. The 2017 Adopted Capital Budget includes $125,000 for the Façade Improvement Grant Program funded by the Capital Revolving Fund. To date in 2017, the Façade Improvement Grant Program has awarded $24,976 and disbursement of $20,000 for the proposed grant will leave a balance of $80,024.
Title
Approving Facade Improvement Grant to Richard Fritz. for a project located at 111-117 S. Pinckney Street / 107-111 King Street.
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:
Grantee: Richard Fritz
111-117 S. Pinckney Street / 107-111 King Street
The scope of the exterior work will include:
a. Knock down existing stucco. Re-skim coat and re-paint.
b. Refurbish signage bands.
c. Install new pillar lights.
d. Restoration of marble storefront bases.
e. Replace aluminum entry doors with historically accurate wood doors.
f. Install new lintel over King Street entrance and refinish balcony.
g. Remove awning and metal screening covering transoms from Pinckney street side.
h. Install new operable transoms.
i. Remove chimney.
Total project cost is estimated at $217,750. Façade Improvement Grant not to exceed $20,000.
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.