2022-068 Ordinance - Laserfiche WebLink

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City of North Olmsted Fix Our Fronts Program Guidelines and Application will strengthen the real estate market, increase property values and create a more robust retail shopping district. City of North Olmsted ARPA Economic Development Programs The Fix our Fronts Comprehensive Building Facade Grant program The Intent of the program is to aid commercial/retail districts in becoming more attractive, economically viable, and diverse places to visit and shop by assisting in the design and funding of substantial rehabilitation of building facades and storefronts. Eligible Uses: • Comprehensive physical enhancements to primary building fagade; non -primary facades will be considered on a case-by-case basis Requirements: • City assistance for Comprehensive Building fagade enhancements is capped at $20,000 or 75% of the total project costs. Whichever is less. • City assistance for non -comprehensive fagade enhancements is limited to $5,000 or 75% of the project costs whichever is less. • Applicants are required to seek approval of enhancements by other administrative bodies, including but not limited to, the Landmarks Commission and/or the Planning and Design Commission. Applications will not be review until approvals are obtained for all relevant Commissions. • The City will require architectural design renderings from a registered and/or from another duly recognized design professionals prior to award of funding. • Contractors utilized must be registered with the City of North Olmsted and permits, if applicable.. must be obtained for any and all work performed as part of the grant award. Preferences: • Projects that involve the redevelopment of vacant, foreclose or underutilized sites and buildings especially projects that focus on creating read -to -lease commercial space • Minority, Female and veteran owned business enterprises • Businesses and/or projects that promote the goals and objectives of the 2015 Go North Olmsted Master Plan • Commercial/ retail and service businesses preferred Type of Funding: All projects funded under the Building Fagade program will receive funds in the form of a grant. Term of Grant: Funding will be disbursed directly to the applicant upon completion of the project and proof of payment to all vendors and/or contractors. Amount of The Grant: Grant Requests or funding recommendations at or below $5,000 can be approved administratively by the Program Administrator. Grants in excess of $5,000 will be reviewed and presented to the City of North Olmsted's Board of Control for consideration of funding