Res 2011-04 Amending Downtown Grant & Loan ProgramURBAN RENEWAL RESOLUTION NO. 2011-04
A RESOLUTION AMENDING THE DOWNTOWN GRANT AND LOAN PROGRAM
PROCEDURES AND REQUIREMENTS
WHEREAS, with the adoption of Resolution 2011-01, the Urban
Renewal Agency Board established the Downtown Grant and Loan
Program in February 2011; and
WHEREAS, the Downtown Grant and Loan Program includes
procedures and requirements; and
WHEREAS, the Downtown Grant and Loan Program requirements
need further clarification on how often a business and/or property owner
may reapply for Grant and Loan funds and what the funds can be used
for; NOW, THEREFORE,
THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS:
Section 1. The Downtown Grant and Loan Program Requirements
are amended as specified in the attached Exhibit "A" (changes are in
bold print) to provide further clarification on how often businesses and/or
property owners can apply for funds and how the funds may be used.
Approved as to Form: �� \J Z �o
City Attorney Date
am
Passed by the Agency
Submitted to the Chair
Approved by the Chair
ATTEST:
Christina Shear r, City Recorder
City of Woodburn, Oregon
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Exhibit "A"
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
_Gutters & downspouts
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_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.
16) Eligible business and/or property owners may apply for grant
and/or loan funds until the maximum amount specified in the
Program Requirements has been awarded. After the maximum
amount specified in the Program Requirements has been awarded
to benefit a particular property, reapplication for additional grant
and/or loan funds for that property shall not be permitted until a
period of 12 months has elapsed since the date of the last award.
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17) Grant and loan funds are limited to physical improvements to the
downtown buildings themselves. Non -permanent improvements,
such as purchasing new equipment, do not qualify for this program.
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