Urban Renewal Resolution 2013-03 Grant and Loan Program requirementsURBAN RENEWAL RESOLUTION NO. 2013-03
A RESOLUTION READOPTING THE URBAN RENEWAL GRANT AND LOAN
PROGRAM REQUIREMENTS
WHEREAS, with the adoption
Renewal Agency Board established
Program in February 2011; and
of resolution 2011-01, the Urban
the Downtown Grant and Loan
WHEREAS, in 2013 the Urban Renewal Agency Board expanded the
Grant and Loan Program to properties along Young Street and at the
Young/Highway 99E as specified herein; and
WHEREAS, the Urban Renewal Grant and Loan Program includes
procedures and requirements; and
WHEREAS, The Downtown Advisory Review Subcommittee has
recommended that the current Urban Renewal Grant and Loan Program
Requirements be modified to make residential properties ineligible for
interior grants and to limit funding for signs to sign hardware and
installation; NOW, THEREFORE,
THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS:
Section 1. The Grant and Loan Program Requirements are
readopted and are attached to this resolution as Exhibit "A".
Approved as to Form:
City Attorney
Passed by the Agency
Submitted to the Chair
Approved by the Chair
10— z� "Z` is
Date
ATTEST:�� �1 E
Heather Pierson, City Recorder
City of Woodburn, Oregon
Page 1 - RESOLUTION NO. 2013-03
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
_Sign installation and hardware
_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
_Improvements to interiors of single/multifamily residential
properties
_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.
1 1) 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 b 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.
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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) Business and/or property owners may reapply for grant and/or loan
funds until the grant and/or loan limit is reached. They must then
wait 12 months to reapply.
17) After grant and loan limits have been reached on the property,
business and/or property owners may reapply for grant and/or loan
funds every 12 months for the same property
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.
19) The Downtown Advisory Review Subcommittee may authorize
increased to approved grant and/or loan request when project
costs rise above original estimates.
20) Requests must be made in writing, must include specific
documentation, and are to be submitted prior to commencement
of work on the requested project element(s).
21) All requests are subject to available funds.
22) Project scope remains consistent with the originally approved
project, and the request is not associated with a new project
element.
23) Overall project cost cannot exceed grant and loan fund limitations.
Maximum exterior and interior grants are limited to $10,000 & $5,000
respectively. Maximum loan amounts cannot exceed $25,000.
24) Property owners may request to convert an Urban Renewal grant
into a loan. Upon approval of the Downtown Advisory Review
Subcommittee, the property owner must separately apply and
qualify for a loan through the Mid -Willamette Council of
Governments.
25) The Downtown Advisory Review Subcommittee's action shall
appear on the Urban Renewal Agency consent agenda as an
informal item.
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