(a) Portion of Improvement Eligible for Grant: The maximum amount of a grant for any one building will be 50 percent of approved building improvements to a maximum of $50,000.00 per building, and 50 percent of approved site improvements to a maximum of $50,000.00 per property. Applications for grants may include both building improvements and site improvements for a maximum grant of $100,000.00 per property. The Village will waive any permit fees related specifically and exclusively to an eligible improvement supported by a grant.
(B) Available Funds: Applications for all grants made pursuant to the program shall be subject to the monetary limitations established therefor, on an annual basis, by the Board of Trustees as part of the Village's annual budget process. (Ord. 0-21-50, 12-20-2021)