Common use of Commercial Buildings Clause in Contracts

Commercial Buildings. Buildings located within the Xxxxx Xxxxxxx, Xxxx, xxx Xxxxxxx Xxxxxxxx Xxxxxxxx Planning Areas of the CRA shall be eligible for funding for façade improvements of up to $80,000 or 50% of the total façade improvements, whichever is less, or a combination of façade and stabilization improvements up to $100,000 or 50% of the total cost of improvements, whichever is less. Buildings located within the Xxxxxxxxx Heritage Planning Area of the CRA shall be eligible for funding for façade improvements of up to $100,000 or 50% of the total façade improvements, whichever is less, or a combination of façade and stabilization improvements up to $120,000 or 50% of the total cost of improvements, whichever is less. Only one (1) Grant per property owner or tenant per fiscal year, and only one (1) Grant per property per three-year program term.

Appears in 5 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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