Laserfiche WebLink
f � <br /> CONIlv1UI�1ITY DEVELOPMENT MEMORANDUM <br /> N0. 94-155 <br /> July 28, 1994 <br /> TO: Honorable Mayor Erik C. Brechnitz and City Council <br /> Members <br /> FROM: James C. Baco J`r. Cit Mana er <br /> n, , Y g � <br /> George C. Weaver, Community Development Director <br /> � SUB7ECT: Facade Grant Program Guidelines <br /> The staff is seeking City Council approval of the program guidelines governing the facade grant <br /> program. It had been staffs intention to recommend program guidelines identical to the program <br /> that had been operated in the past. Under that program, the city provided grants up to $50,000 <br /> for facade work provided the owner agreed to match with a like investment for interior <br /> restoration work. A draft set of guidelines have been disseminated to property owners in the <br /> Central Business District indicating this to be the intended program direction. We have received <br /> serious inquiries from several property owners who are currently working on meeting draft <br /> submission requirements. <br /> Since the facade program was last administered by the city, federal regulations regarding the <br /> payment of prevailing wages have changed. When the program was last administered, prevailing <br /> wage requirements applied only to the exterior portion of the work. The interior work which had <br /> been considered a match was exempt from the prevailing wage requirements. Changes in the law <br /> now require that all work that is considered a match be subject to the prevailing wage <br /> requirements. In other words, any interior work which would have been required as part of the <br /> program would be at prevailing wages. In the opinion of staff, this requirement becomes a serious <br /> impediment to the implementation of the program. For this reason, staff is recommending a <br /> change in the financing provisions of the grant that would make the program strictly an exterior <br /> facade program. The program as proposed would provide up to $50,000 or 80 percent of the <br /> cost of a facade improvement. Applicants would be required to provide 20 percent of the cost of <br /> the improvement. <br />