Fiscal Note
The proposed resolution authorizes up to $10,000 for a façade improvement grant. This grant will be funded by the Economic Development Division’s 2020 Façade Improvement Grants capital program, which will have approximately $33,000 of remaining budget authority following this grant. No additional City appropriation is required. The Façade Improvement Grant capital program was folded into EDD’s Small Business Equity and Recovery capital program for the 2021 Adopted Capital Budget with the expectation that façade improvement grants will continue through this new program once the remaining budget authority from the 2020 Façade Improvement Grants capital program is disbursed.
Title
Approving Facade Improvement Grant to Dive, LLC DBA The Dive Inn for a project located at 521 Cottage Grove Rd.
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. The Urban Design Commission has reviewed the proposal and recommends design approval.
NOW, THEREFORE, BE IT RESOLVED that the Common Council does hereby approve the following Facade Improvement Grant proposals:
1. Grantee: Dive, LLC DBA The Dive Inn
521 Cottage Grove Rd
The scope of the exterior work will include:
Façade work on the Cottage Grove Rd Façade including:
a. Demolition - Remove concrete block at entrance
b. Install new front steps, ADA ramp and railings
c. New awning and signage
d. Repair of siding
e. New gutters & soffits
Total project cost is estimated at $20,000.00. Façade Improvement Grant not to exceed $10,000.
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.