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Dateline: April 10,
2008
CEDC
to approve new program next week
A
program to help downtown property owners improve their storefronts is set
to receive final approval when the Clarendon Economic Development
Corporation Board meets in called session next Monday at 5:15.
This
week the CEDC held a public hearing on its proposed Façade Grant Program,
and 15 people attended with several making comments or suggestions. The
feedback from the forum was generally positive.
Edwin
Campbell, who works with First Baptist Church’s Downtown Ministry
Center, was enthusiastic about the plan.
“We
appreciate this program, and we’re excited about it,” he said.
The
Façade Grant Program as it is proposed would provide fifty-fifty matching
grants up to a maximum of $2,000 per project for properties on a
three-block stretch of Kearney Street between First and Fourth Streets.
For
example, if the total of a project costs $1,500, the CEDC would contribute
a maximum of $750. A $4,000 project would be eligible for the maximum of
$2,000, and any projects costing more than $4,000 would only be eligible
for the maximum of $2,000 of CEDC funds.
Projects
eligible for consideration could be anything from a simple coat of paint
to new signage to a complete rehabilitation of a storefront. The funds
will be paid to successful applicants when invoices are submitted for the
completed project.
Chamber
of Commerce Executive Director Judy Burlin said her organization is behind
the project “all the way” and will do whatever it can to help.
Based
on feedback from the public, the board agreed to relax the requirement
that projects must conform to a historical appearance, and confirmed that
an already completed project could be eligible if it was completed in the
current fiscal year.
The
board also discussed whether a property that receives money in this fiscal
year could be eligible for additional grant money in the future. It was
agreed that these properties could apply again but only after the start of
the third quarter of the next fiscal year and with the stipulation that
preference would be given to new applicants.
The
board did decide to stipulate that CEDC funds could not be used for labor
costs if the owner, the tenant, or the applicant’s employees do the
work. In that case, the grant would cover supplies and materials only.
Following
next Monday’s meeting, finalized guidelines and grant applications will
be distributed to property owners and tenants in the grant area.
The
board will begin considering grant applications at its May 5 meeting.
The
program will run through the close of this fiscal year, which ends
September 30, 2008. The program’s future will depend on its success this
year.
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