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URA Resolution 2012-01URBAN RENEWAL RESOLUTION NO. 2012-01 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 Urban Renewal Agency Board amended these procedures and requirements by Resolution 2011-04 in June 2011; WHEREAS, based upon the recommendation of the Downtown Advisory Review Subcommittee, the Urban Renewal Agency Board wants to further amend these procedures and guidelines; 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 business and/or property owners may complete work identified in the grant application and work completed by the business and/or property owner shall not be considered as part of the required grant match. Approved as to Form: City Attorney Passed by the Agency Submitted t th Chair Approved] e Chaii ATTEST: APPROVED: ty Recorder Page 1 - RESOLUTION NO. 2012-01 a/109�ZoJ2 b!/ OJ �1Z ol�I� �Zv�2 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 HVAC Page 1 - RESOLUTION NO. 2012-01 _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) Business and/or property owners may complete work identified in the grant application. All work requiring permits are subject to the normal review and inspection processes, and must be completed in the time limits specified in the program. Grantee labor cannot be compensated as part of this program. Work completed by the business and/or property owner shall not be considered as part of the required grant match. 16) All work done by licensed contractors in excess of $2,500 requires three bids 17) Eligible business and/or property owners may apply for grant and/or loan funds until the maximum amount specified in the Program Requirements Page 2 - RESOLUTION NO. 2012-01 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. 18) 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. Page 3 - RESOLUTION NO. 2012-01