Common use of Facade Improvement Program Clause in Contracts

Facade Improvement Program. The DDA will administer a Facade Improvement Program (FIP) as detailed in this agreement and program documents to facilitate desired larger scale redevelopment and new development projects in the downtown area through the use of tax increment investment from the DDA. The City and the DDA agree to administer the FIP for eligible exterior building façade and site improvements, and eligible public improvements directly related to and benefitting a private development project as herein below contemplated in compliance with the following procedures:

Facade Improvement Program. The DDA will administer a Facade Improvement Program (FIP) as detailed in this agreement and program documents to facilitate desired larger scale redevelopment and new development projects in the downtown area through the use of tax increment investment from the DDA. The City and the DDA agree to administer the FIP for eligible exterior building façade facade and site improvements, and eligible public improvements directly related to and benefitting a private development project as herein below contemplated in compliance with the following procedures:

Facade Improvement Program. The DDA and the City will administer a Facade Improvement Program (FIP) as detailed in this agreement and program documents to facilitate desired larger scale redevelopment and new development projects in the downtown area through the use of tax increment investment from the DDA. The City DDA and the DDA City agree to administer the FIP for eligible exterior building façade facade and site improvements, and eligible public improvements directly related to and benefitting a private development project as herein below contemplated in compliance with the following procedures: