6.I.(5) Extension Addendum Facade Matching Grant Program (Miami)

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F~tg13??t't' ;~ Program Descriptio^ The Organization shall provide the following services and prograrns: i+apade :Llatct~ing Grant Program - Establish a program desired to ancourage private investment by commercial, industrial, and mixed use property owners or lessees on the Corridor. Commercial property includes property used primarily for for-pro tit, nonprofit, or religious activities. The program goal is to promote exterior improvements that enhance the appearance, value and character of the property. The program is not intended to support deferred maintenance. Lessees must provide written proof that the property owner has authorized the proposed improvements. The program shall require: (1) A maximum of one grant per property address per year. (2) A matching public investment not to exceed sixty percent (60%) of the total project cost. The maximum granC shall not exceed twenty thousand dollars (820,000). (3) Projects drat create a noticeable visual improvement to the Corridor and are consistent with the revitalization action plan for the Corridor approved by the Contract Administrator. (=1) To be eligible, the subject property must have proper insurance and be current on property taxes. (~) _~ minimum of nvo (2) estimates from licensed contractors detailing the scope of work with itemized prices mast be obtained 'oefore a project is approved. Applicants may bid for work on their owa ~ ant project if they are licensed and,~or qualified to perform the work. However, when serving as their own contractor, applicants will not be reimbursed for Labor related costs. (6') Before anv work is commenced, anv required building or sign permits for the grant project must be obtain for an applicant to continue to be eligible for the program. j ;) Specific program guidelines roust be established, which clearly establish the grant process and schedule. (8) ~1o funds maybe disbursed for a grant unless pursuant to a written contract which provided for default conditions consistent with the