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Comparison of Current SIP Terms to Modified SIP <br /> * Exterior upgrades include painting, awnings, signage, wall repair/preparation, graphics, exterior lighting, landscaping/hardscape improvements, improved <br /> exterior accessibility for physically impaired. <br /> Current Program <br /> Proposed <br /> 1. Maximum Grant <br /> $50K Unreinforced Masonry; $25K all others <br /> $25 K max for "typical project", $50K for <br /> "special project" (3+ tenants, historic, 2 <br /> adjacent, 3+ in a block, >100 linear ft. of <br /> street front). <br /> `See "sample" attached, 3a. <br /> 2. Matching Requirement <br /> Formula, varied <br /> 50% <br /> 3. Eligible Expenses <br /> • Exterior upgrades*, <br /> • Seismic improvements (1/2 of grant could <br /> be used for interior seismic work); <br /> • Professional, legal, architect. & permitting <br /> fees <br /> • Exterior upgrades including painting, <br /> signage, awnings, windows, etc. <br /> • Improved accessibility for physically <br /> impaired <br /> • "Permanent "improvements to display <br /> windows/front entry <br /> • All fees & permits <br /> 4. Eligible Area <br /> See map 3b <br /> (Specified Downtown Streets) <br /> See map 3c <br /> (Downtown Precise Plan Area) <br /> 5. Security <br /> Owner approval, appr. application & <br /> permits, cancelled checks <br /> Grant & Maintenance Agr., owner approval <br /> 6. Architectural Design <br /> Services <br /> Included in eligible expenses for grant <br /> Separate program; up to $7,000, reimbursed <br /> to SIP grant recipient upon commencement of <br /> construction of improvements <br /> * Exterior upgrades include painting, awnings, signage, wall repair/preparation, graphics, exterior lighting, landscaping/hardscape improvements, improved <br /> exterior accessibility for physically impaired. <br />