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RD 10-08
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RD 10-08
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Last modified
10/20/2010 3:17:51 PM
Creation date
10/20/2010 2:39:09 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
Redevelopment Agency
Date
10/11/2010
Sticky Note
ID:
1
Text:
Exhibit A. pgs 4,5
Exhibit B. Agreement for Storefront Improvement Program pgs 6-13
NOTE: Awaiting Completed, signed agreement.
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10/11/2010 <br /> ORIGINAL <br /> RESOLUTION NO. RD 10 -08 <br /> A RESOLUTION OF THE REDWOOD CITY REDEVELOPMENT <br /> AGENCY APPROVING MODIFICATIONS TO THE STOREFRONT <br /> IMPROVEMENT PROGRAM AND DESIGN ASSISTANCE SERVICES <br /> PROGRAM AND AUTHORIZING EXECUTIVE DIRECTOR TO <br /> EXECUTE ALL NECESSARY IMPLEMENTATION DOCUMENTS <br /> WHEREAS, the Redevelopment Agency initially adopted the Storefront <br /> Improvement Program ( "SIP ") to help stimulate private investment and upgrade the <br /> appearance of commercial properties in the Downtown portion of the Redevelopment <br /> Project Area; and <br /> WHEREAS, for a variety of reasons, participation in SIP has not been as high as <br /> the Agency had hoped; and <br /> WHEREAS, Agency staff has reviewed similar programs in other communities <br /> and interviewed downtown business and property owners for input on how to improve <br /> the SIP; and <br /> WHEREAS, based on this information, staff recommends the addition of a <br /> Design Assistance Services ( "DAS ") program, whereby SIP grant recipients would be <br /> eligible to be reimbursed for certain design costs; and <br /> WHEREAS, additional proposed modifications to the SIP include expanding the <br /> area eligible for grants and requiring maintenance of the improvements by grant <br /> recipients for a stated period of time; and <br /> WHEREAS, the approved Agency Budget for Fiscal Year 2010/2011 has <br /> approximately $402,000 available for the SIP and DAS programs; <br /> NOW THEREFORE, BE IT RESOLVED BY THE REDWOOD CITY <br /> REDEVELOPMENT AGENCY AS FOLLOWS: <br /> SECTION 1. The Agency hereby approves the proposed modifications to the <br /> Storefront Improvement Program, including the addition of the DAS program, as <br /> described in the attached "Summary of Modified Storefront Improvement Program (SIP) <br /> and Design Assistance Services (DAS) Terms," (Exhibit A). <br /> SECTION 2. The Agency Executive Director is hereby authorized to execute all <br /> documents and agreements necessary to implement the SIP, including the DAS <br /> program, including the Grant and Maintenance Agreement, in substantially the form <br /> attached hereto as Exhibit B, subject to any technical and clarifying changes approved <br /> ATTY/RESO/RESO.2051 #RD 10 -08 <br /> 10/13/10 1 MUFF # 405 <br />
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