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r , , , <br /> ECONOMIC AND URBAN DEVELOPMENT MEMORANDUM <br /> No. 08-113 <br /> September 4, 2008 <br /> TO: Mayor Michael T. Carrigan and City Council Members <br /> FROM: John A. Smith, Interim City Manager <br /> Greg C. Crowe, Assistance City Man b <br /> Vickie Buckingham, Assistant Dir. of Eco i d Urban Development�., <br /> Randi Still,Neighborhood Program Speci�list.- � C vl'� <br /> SUBJECT: CDBG Fa�ade Agreement for 124 Merchant Street <br /> RECOMMENDATION: Staff recommends approval of the attached Community <br /> Development Block Grant (CDBG) Facade agreement with C. Centre, LLC <br /> for CDBG funds to rehabilitate the building located at 124 Merchant Street. <br /> BACKGROUND: The property located at 124 Merchant Street is occupied by a <br /> business known as Giggles. <br /> The fa�ade program is designed to eliminate unsafe or hazardous conditions while <br /> restoring the unique architectural design features that support the continued revitalization <br /> and stabilization of the commercial core. Renovation work to include, but not limited to <br /> the following: window repair and/ar replacement, tuck pointing, and copper cornice <br /> repair wark. Also, the facade program may contribute to the stabilization and/or creation <br /> of employment opportunities for low and moderate income persons plus improve <br /> affordable housing units. � <br /> POTENTIAL OBJECTIONS: Staff is not aware of objections. <br /> INPUT FROM OTHER SOURCES: Comments and information were secured through <br /> past public meetings and input for the Consolidated Plan/Annual Action Plan. <br /> STAFF REFERENCE: Should the City Council have any questions, they may contact <br /> Randi Still,Neighborhood Program Specialist at 424-2780 or e-mail rstill(�decaturil.��ov. <br /> BUDGET/TIME IMPLICATIONS: The Fa�ade Program has available $260,000. <br /> With the approval of the three (3) proposed projects being presented to City Council <br /> September 15, 2008, there will be at least $65,000 available for an additional facade <br /> proj ect. <br />