6.I.(2) Agreement Facade Matching Grant Program, Western Ave.

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F,XH[131T A Program Description The Organization shall provide the following saviccs and programs: Fagade Matching (rant Program - Lstablish a program designed to encourage private inves[malt by commercial, industrial. and mixed use property owners or lessees on the Corridor. Commercial property includes property used primarily for for-profit, ^onprolit_ or religious activities. The program goal is to promote exterior improvements that enhance the appearance, value and character of the propert}~. The program is not intended to support deferred maintenance. I.essecs must provide written prooi~ that the properly owner has authorized the proposed improvements. The program shall require: (1) A maximum of one gram per property address per year. (2) A matchin~~ public im%estment not to exceed seventy Iivc percent (75%) of the: total project cost. the maximum grant shall not exceed twenty thousand dollars ($20.000). (3) Projects that create a noticeable visual improvement to the Corridor and arc consistent ~wilh the revitalization action plan for the Corridor approved by the ConU-act Administrator. (4) l~o be eligible. the subject property must have proper insurance and he current on property taxes. ($) A minimum of two (?) estimates (i~om licensed contractors detailing the scope of ~~ork with itemized prices must be obtained before a project is approved. Applicants may bid for ~~~ork on their own grant project if they arc licensed andlor qualified to perform the ~~~ork. However. when serving as their own contractor. applicants will not be reimbursed for labor related costs. (C) Belorc any work is commenced. am required building or sign permits for the grant project must he obtai^ for an applicant to continue to be eligible for the program. (7) Specific program guidelines must be established. ~~,~hich clearly establish the grant process and schedule. (8) No lands may be disbursed for a grant unless pursuant to a written contract which provided for default conditions consistent with the