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Item C - Urban Renewal Amend.
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Item C - Urban Renewal Amend.
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6/9/2010 1:17:57 PM
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7/8/2004 10:43:54 AM
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Agenda Item Summary
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7/12/2004
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· Various Undesignated Capital Proiects. Reserve for various undesignated <br /> capital projects in future years. Estimated cost, $3,600,000 in years nine through <br /> twenty. <br /> <br />Development <br /> <br /> · Various Undesi.qnated Capital Projects. A reserve to be available for various <br /> undesignated capital projects in future years dependent on development and <br /> budget availability. Would provide financing contributions for projects which <br /> could include, but not limited to, transportation facilities, parking facilities, library, <br /> etc. Estimated reserve set aside $15,000,000 to $25,000,000 in years three <br /> through twenty. <br /> <br /> · Awninqs/Raincover, Facades, and Tool Kit Loans. Grant and/or loan funds to be <br /> used to encourage businesses abutting public areas within the Renewal District <br /> to improve the existing pedestrian raincover system and building facades, to <br /> leverage private investment and development in the downtown. Estimated cost, <br /> $800,000 in various years. <br /> <br /> · Buildinq Rehabilitation/Reuse Loans. Loans used to repair, rehabilitate, make <br /> improvements and encourage reuse of existing buildings. Estimated cost, <br /> $550,000 in years one and four. <br /> <br /> - 28 - <br /> <br /> <br />
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