Businesses may request a reimbursement of up to 50% of capital improvement expenses up to $40,000 ($20,000 maximum reimbursement) associated with conversion of a structure from residential to commercial or for construction of a new commercial building. Those expenses eligible for the reimbursement include visible exterior improvements such as signs, parking lots, exterior lighting and walkways. Fixed interior improvements such as removal or replacement of walls, flooring, cabinets, bathroom and break room fixtures are also eligible. Furniture, kitchen equipment and other movable equipment is not eligible for consideration in the total qualifying expenses.
(Ord. 2536, passed 3-1-2022)