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Amended and Restated Agreement – Additional Funding for Neighborhood Corridors Matching Grant Program - Urban Enterprise Association of South Bend, Inc.
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Amended and Restated Agreement – Additional Funding for Neighborhood Corridors Matching Grant Program - Urban Enterprise Association of South Bend, Inc.
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4/9/2025 8:36:24 AM
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2/26/2020 11:07:18 AM
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Board of Public Works
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Contracts
Document Date
2/25/2020
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EXHIBIT A <br />Program Description <br />The Organization shall provide the following services and programs: <br />Matching Grant Program — Establish and/or administer a program <br />designed to encourage private investment by commercial, industrial, residential, <br />and mixed use property owners or lessees on the Corridors. Commercial property <br />includes property used primarily for for -profit, nonprofit, or religious activities. <br />The program goal is to promote exterior improvements that enhance the <br />appearance, value, and character of the property. The program is not intended to <br />support deferred maintenance. Lessees must provide written proof that the property <br />owner has authorized the proposed improvements. The program shall require: <br />(1) A maximum of one grant per address per year. <br />(2) A matching public investment not to exceed fifty percent (50%) of <br />the total project cost. The maximum grant shall not exceed thirty <br />thousand dollars ($30,000). In certain cases, it may be beneficial <br />to the program and provide overall value to the City to increase the <br />matching public investment; such cases shall be determined only <br />after consultation with and a written confirmation from the <br />Executive Director of the Department of Community Investment or <br />his or her designee. <br />(3) Any funds granted pursuant to the Lincolnway West and Western <br />Avenue Agreement or the Mishawaka Avenue and Miami Street <br />Agreement in accordance with their terms shall be paid in <br />accordance with such terms. <br />(4) Any program funds remaining but not yet committed pursuant to <br />the Lincolnway West and Western Avenue Agreement or the <br />Mishawaka Avenue and Miami Street Agreement may be awarded <br />pursuant to the terms of this Agreement. <br />(5) Projects that create a noticeable visual improvement to the <br />Corridors and are consistent with the revitalization plan for the <br />Corridors approved by the Contract Administrator. <br />(6) To be eligible, the subject property must be current on property <br />taxes. <br />(7) A minimum of two (2) estimates from licensed contractors <br />detailing the scope of work with itemized prices must be obtained <br />
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