Title
Facade Improvement Incentive Grant Program
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
SOURCE OF FUNDING:
Please provide the amount requested: $5,000
Is this a budgeted item? Yes /No Yes
Please provide the budgeted amount: $_50,000_______ Account No. 01-628-8146
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, during the regular Council meeting of September 16, 2013, Council approved Resolution 13-0486 approving the Facade Improvement Incentive Grant Program to provide financial assistance for exterior appearance improvement projects on buildings located in the National Register and Local Downtown Historic Districts, and
WHEREAS, the structure located at 309 North McKenzie Street is located in the Local Downtown Historic District, and
WHEREAS, Gene Terrezza has provided the required information and the Historical Commission has recommended approval.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves up to $5,000 in reimbursement to Dr. Terrezza and/or his contractor upon meeting all the requirements in the Resolution and specifically in Section VI. Reimbursement Process.
SECTION 2: Funding for this purpose in the amount of $50,000 was approved in the FY15 Budget under Economic Development account 01-627-8146.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.