(A) The Florence Business Building Facade Upgrades Grant Program is hereby established to provide financial incentives for building upgrades to businesses located in the Florence Main Street Overlay District and other eligible areas identified on Exhibit A of Ord. O-22-2023.
(B) The program offers property owners a 50% matching grant, with a maximum grant amount of $10,000 for approved improvements to their buildings.
(C) The actual grant amount awarded will depend on the available funding and the total number of applications received.
(D) Property owners must submit a complete application with all required attachments to the Program Administrator for review.
(E) Applications will be reviewed by the Administration Department, and selected applicants will be recommended to the Program Administrator for final review and approval.
(F) Construction projects initiated prior to the signing of a Facade Grant Agreement will not be eligible for reimbursement. All facade improvement projects must be completed within nine months of the agreement's signing to qualify for grant funds. Failure to complete within nine months will result in revocation of the funds and the grant will be void.
(G) Submission of an application does not guarantee funding.
(Ord. O-22-2023, passed 8-8-23)