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 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: A. Program requirements include the following: 1. Eligibility for participation in the FIP is limited to owners of real property within the territorial limits of the DDA, their lessees with the consent of the owners, or their authorized representatives. 2. Applications consistent with the FIP submittal requirements will be submitted to City Planning and Development Services staff for review and recommendation to the DDA Board. 3. Applications may be approved only by the DDA Board. Any approval will be subject to a project commitment, facade agreement, and grant of easement. Approval may require the applicant to reimburse the DDA should the applicant fail to comply with the terms of the agreement. 4. Public improvements, as identified in subsection E, below, may also be funded as part of the FIP upon a finding by the DDA Board that the public improvements will have a positive impact on and help facilitate a private development, and that the appropriation of program funds will not unduly reduce the availability of funds for private improvements. B. Applications will include the information outlined in the FIP program documents.

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 facade 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: A. Program requirements include the following: 1. Eligibility for participation in the FIP is limited to owners of real property within the territorial limits of the DDA, their lessees lessees, with the consent of the owners, or their authorized representatives. 2. Applications consistent with the FIP submittal requirements will be submitted to City Planning and Development Services staff for review and recommendation to the DDA Board. 3. Applications may only be approved only by the DDA Board. Any approval will be subject to a project commitment, facade agreement, and grant of easement. Approval may require the applicant to reimburse the DDA should the applicant fail to comply with the terms of the agreement. 4. Public improvements, as identified in subsection E, below, may also be funded as part of the FIP upon a finding by the DDA Board that the public improvements will have a positive impact on and help facilitate a private development, and that the appropriation of program funds will not unduly reduce the availability of funds for private improvements. B. Applications will include the information outlined in the FIP program documentsdocuments approved by the DDA Board.

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 facade 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: A. Program requirements include the following: 1. Eligibility for participation in the FIP is limited to owners of real property within the territorial limits of the DDA, their lessees lessees, with the consent of the owners, or their authorized representatives. 2. Applications consistent with the FIP submittal requirements will be submitted to City Planning and Development Services staff for review and recommendation to the DDA Board. 3. Applications may only be approved only by the DDA Board. Any approval will be subject to a project commitment, facade agreement, and grant of easement. Approval may require the applicant to reimburse the DDA should the applicant fail to comply with the terms of the agreement. 4. Public improvements, as identified in subsection E, below, may also be funded as part of the FIP upon a finding by the DDA Board that the public improvements will have a positive impact on and help facilitate a private development, and that the appropriation of program funds will not unduly reduce the availability of funds for private improvements. B. Applications will include the information outlined in the FIP program documents.

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 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: A. Program requirements include the following: 1. Eligibility for participation in the FIP is limited to owners of real property within the territorial limits of the DDA, their lessees with the consent of the owners, or their authorized representatives. 2. Applications consistent with the FIP submittal requirements will be submitted to the DDA and City Planning and Development Services staff for review and recommendation to the DDA Board. 3. Applications may be approved only by the DDA Board. Any approval will be subject to a project commitment, facade agreement, and grant of easement. Approval may require the applicant to reimburse the DDA should the applicant fail to comply with the terms of the agreement. 4. Public improvements, as identified in subsection E, below, may also be funded as part of the FIP upon a finding by the DDA Board that the public improvements will have a positive impact on and help facilitate a private development, and that the appropriation of program funds will not unduly reduce the availability of funds for private improvements. B. Applications will include the information outlined in the FIP program documents.