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Res 2011-01 Grant and Loan ProgramURBAN RENEWAL RESOLUTION NO. 2011-01 A RESOLUTION ESTABLISHING A DOWNTOWN GRANT AND LOAN PROGRAM; ADOPTING PROCEDURES AND REQUIREMENTS;CREATING A DOWNTOWN ADVISORY REVIEW SUBCOMMITTEE; AND AUTHORIZING THE CITY ADMINISTRATOR TO ENTER INTO AN AGREEMENT WITH THE MID -WILLAMETTE VALLEY COUNCIL OF GOVERNMENTS TO ADMINISTER THE LOAN PROGRAM WHEREAS, the City adopted the Downtown Development Plan in 1997 which envisioned a series of improvements and actions intended to reinvigorate Woodburn's historic downtown; and WHEREAS, in 2001 the City created the Woodburn Urban Renewal Agency and adopted the Urban Renewal Plan, which further recognizes the importance of physically improving the appearance of the downtown; and WHEREAS, the Urban Renewal Plan calls for the creation of a Storefront Design and Improvement Program; and WHEREAS, the 2010 Downtown Development Plan Update also recognizes the need to reinvigorate downtown Woodburn and recommends leveraging urban renewal funds with private funds to create investment through a Downtown Grant and Loan Program; and WHEREAS, the City Council has already adopted and implemented a Business Assistance Loan Program, which is administered by the Mid - Willamette Valley Council of Governments (COG); and WHEREAS, the Urban Renewal Agency Board wants to adopt a similar program, which makes grants and loans available to businesses within the Woodburn Urban Renewal District; NOW, THEREFORE, THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. The Downtown Grant and Loan Program is established as provided herein. Section 2. The Downtown Advisory Review Subcommittee is created and will consist of two (2) Urban Renewal Agency Board members and one (1) citizen member. The members of the subcommittee shall be approved by the Board. Page 1 - RESOLUTION NO. 2011-01 Section 3. The Downtown Grant and Loan Program Procedures and Requirements, which are attached hereto as Exhibit "A", are adopted for the administration of the program. Section 4. The City Administrator is authorized to enter into an agreement with the Mid -Willamette Valley Council of Governments to administer the loan program. Approved as to Form: City Attorney Passed by the Agency Submitted to the Chair Approved by the Chair ATTEST: 2 R 211 Dat APPROVED:r,,& 4:xd� ;_X'C- y, Ch f Aerdr j.'44-4a11AW04 Christina Shear 'rCijy Recorder Cit of Woodbu�Ore on Page 2 - RESOLUTION NO. 201 1-01 EXHIBIT -A... Page —i— of 5 Attachment A Woodburn Urban Renewal Agency Downtown Grant and Loan Program Procedures 1) The applicant, prior to applying for the Downtown Grant and Loan Program, will meet with staff to discuss proposed improvement plans to determine consistency with the program. Application materials and submittal requirements will also be explained. 2) Upon submittal, and the availability of funds, the application will be evaluated and it will be determined if all the necessary information has been submitted. The applicant will be notified of any deficiencies in the submittal. 3). A report will be prepared for the Downtown Advisory Review Subcommittee (consisting of two Woodburn Urban Renewal Agency Board members and one citizen member) on the proposed application. 4) The Subcommittee will meet to review the application and recommend to the Urban Renewal Agency Board whether to approve the proposal as submitted, deny the proposal or make recommendations for alterations to the design and/or construction. 5) The Subcommittee will consider the following criteria in evaluating the application: • That the property is within the Urban Renewal & Downtown Development and Conservation (DDC) District • That the proposal complies with the downtown architectural design standards • That the project encourages greater marketability of the downtown area • That the proposal will complement the existing historic downtown core • That the project design works toward restoring the building as closely to its original design as possible • That building interiors are improved with a focus on addressing code -related improvements • That the project is in the public interest 6) The Urban Renewal Agency Board shall review the application and consider the Subcommittee's recommendation at a regularly scheduled meeting. 7) The applicant shall be notified of the meeting and advised of the Urban Renewal Agency Board's decision in writing. 8) Upon approval by the Urban Renewal Agency Board, the applicant will enter into an agreement with the Woodburn Urban Renewal Agency for the proposed improvements. EXHIBff Page z of Li 9) Upon conclusion of the project, the applicant shall request an inspection of the completed project and present documentation acceptable to the Agency, showing that all work was completed as per the agreement. 10) Invoices must be submitted for reimbursement. No grant money will be disbursed until the project is completed and approved by the Agency. Urban Renewal Grant & Loan Program MaI2 EXHIBff Page 3 of Attachment B Woodburn Urban Renewal Agency Downtown Grant and Loan Requirements Program Requirements 1) Projects must be located within the Urban Renewal & Downtown Development and Conservation Districts as identified below. 2) The applicant, after meeting with staff to discuss the proposed project, shall submit a completed Downtown Grant and Loan application and all supplemental materials provided. 3) Projects assisted by this program are to be rehabilitation and renovation projects showing significant improvement to the property and must be compatible with the downtown streetscape. 4) Exterior projects shall: • Comply with the City of Woodburn Downtown Architectural Design and Signage Standards. • Shall work towards restoring the building as closely to its original design as possible. • Shall be designed, constructed, and maintained to compliment and accept the architectural features of the building. All accessories, signs, awnings, etc. shall likewise compliment the overall character of the building. 5) Grants are available for up to $10,000 for exterior renovation and up to $5,000 for interior renovation. 6) Loans are available to property owners in amounts up to $25,000 and are secured by a Trust Deed in the amount of the loan. 7) Applications may be made for a combination of grant and loan funds. Eligible Projects: The following list is not exhaustive, but covers the majority of types of exterior projects that are eligible: _ADA accessibility —Awnings/canopies _Code deficiencies _Cornices _Design & architectural services (up to $1,000) _Electrical _Energy efficient upgrades (some restrictions apply) _Environmental remediation _Exterior lighting _Exterior painting and cleaning EXHIBff page --1i— _Gutters & downspouts _HVAC _Permits _Plumbing _Seismic _Storefronts —Re -pointing _Replacement of missing decorative features _Removal of non -historic materials or additions _Roofing Windows Ineligible Activities: _Administrative costs or payments to borrower for direct labor costs _Building acquisition _Improvements to non-public faces of buildings _Inventory or other working capital _Landscape improvements _ Property maintenance _ Work (wages) not performed by a licensed contractor 8) There is a 50/50 match requirement required for the Grant program. Invoices must be submitted for reimbursement. No grant money will be disbursed until the project is completed and is approved by the Agency. 9) Grant and loan funds cannot be used for any work commenced or completed prior to project approval. 10) Grant and loan funds may be used for materials and services provided by licensed contractors. 11) All necessary building, electrical, plumbing permits must be obtained and work inspected and approved. 12) Grants and loans are dependent upon the availability of funds and must be reviewed and approved by the Downtown Advisory Review Subcommittee and the Urban Renewal Agency Board. 13) Projects shall be completed within one year of approval in order to be eligible for reimbursement. Grants provide for a single payment after receipts are provided and all completed work is accepted by the City. 14) The Urban Renewal Agency Board may grant one 6 month extension for work to be completed under this program. The applicant must submit a written request for the extension and provide justification for the Board's consideration. 15) All work will be done by licensed contractors and the applicant needs to provide at least three bids for every aspect of work greater than $2,500. 4 IBI Page �5 of 5� Urban Renewal Grant & Loan Program Map