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` „ <br /> ECONOMIC AND URBAN DEVELOPMENT MEMORANDUM <br /> No. 08-111 <br /> September 4, 2008 <br /> TO: Mayor Michael Carrigan and City Council Members <br /> FROM: John A. Smith, Interim City Manager. <br /> Greg C. Crowe, Assistant City Mana <br /> Vickie Buckingham, Assistant Dir. of Economic and Urban Development`� ' <br /> Randi Still, Neighborhood Program Specialis�� � <br /> SUBJECT: CDBG Fa�ade Agreement for 134 Merchant Street <br /> RECOMMENDATION: Staff recommends approval of the attached Community <br /> Development Block Grant (CDBG) Facade agreement with J & S Investment LLC for <br /> CDBG funds to rehabilitate the building located at 134 Merchant Street. ��� <br /> BACKGROUND: The property located at 134 Merchant Street is occupied by the � <br /> business known as the Tournesol. <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/or replacement, tuck pointing, and copper cornice <br /> repair work. Also, the facade program may contribute to the stabilization and/or creation <br /> of employment opportunities for low and moderate income persons. <br /> POTENTIAL OBJECTIONS: Staff is not aware of objections. <br /> INPUT FROM OTHER SOURCES: Comments and information were secured through <br /> past public meetings; input far tihe Consolidated Plan/Annual Action Plan and Illinois <br /> Historic Preservation Agency (IHPA). <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 i•still�decaturil.gov. <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 /> project. <br />