AgdaPkt 2010-10-11 - Laserfiche WebLink

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6.3B Page 7 EXHIBIT SUMMARY MODIFIED STOREFRONT IMPROVEMENT PROGRAM (SIP) AND DESIGN ASSISTANCE SERVICES (DAS) TERMS SIP Terms: • $25,000 maximum grant with 50% match requirement. • $50,000 maximum grant with 50% match requirement for: 1) buildings with 3 or more tenants; 2) documented historic resources; 3) two adjacent properties or three or more buildings in a block renovating simultaneously; 4) buildings with combined facade of 100 linear feet or more visible from a public right-of-way. • Grant funds paid upon completion of improvements and opening of business. • Owner-occupant or tenant with minimum 3-5 years remaining on any lease. • If tenant, owner approval and consent required. Eligible Expenses: • Painting, awnings, signage, wall repair/preparation, renovation/repair of windows and other façade upgrades. • Graphics, exterior lighting, signage. • Improved accessibility (exterior) for the physically impaired. • Display window area (i.e. permanent fixtures or design improvements including window display areas and front entry). • Fees and permits. Maintenance: • Grant and Maintenance Agreement for 3-5 years depending on grant amount. Agreement includes maintenance provisions to address peeling paint, litter, graffiti, unkempt landscape or hardscape (including right-of- way), and other unsightly or malfunctioning features (i.e. signs or lighting not working) as determined by Agency. DESIGN ASSISTANCE SERVICES (DAS) Terms • Agency to have conceptual prototype façade designs prepared as reference for applicants • More detailed design services for a project will include conceptual drawings, rough cost estimate, and revisions to designs based on response from property and business owners. • Eligible recipients shall be those business owners or property owners who have been awarded SIP grants and executed Grant and Maintenance 1 82483.0000015195839.4