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x <br /> is single-family and owner occupied. This grant will have a maximum allowance per property of <br /> $30,000 over a five (5) year period. <br /> The goals of the programs are to continue focus on redevelopment and investment within the <br /> downtown and surrounding neighborhoods as proposed in the Olde Towne TIF Redevelopment <br /> Plan. Copies of the programs with map boundaries are attached. <br /> INPUT FROM OTHER SOURCES: The Olde Towne TIF Advisory Committee met with <br /> City staff to discuss utilizing Olde Towne TIF Funds for the two programs. The group agreed <br /> that both programs would be beneficial and a good use of TIF Funds. <br /> STAFF REFERENCE: Any additional questions may be forwarded to Stephanie E. Ashe at <br /> 424-2781 or at sashen,decaturiLgov. <br /> BUDGET/TIME IMPLICATIONS: There are sufficient funds in the Olde Towne TIF to <br /> allocate $200,000 each for both programs from the FY 1009/2010 Budget. <br />