Common use of Xxxxx Structure and Criteria for Selection Clause in Contracts

Xxxxx Structure and Criteria for Selection. The Community Redevelopment Agency (“CRA”) will oversee the Downtown Façade and Building Stabilization Program. A building façade improvement is defined as the renovation/restoration of any element of an exterior building face that is visible from the street. A building stabilization improvement is defined as structural alterations or adaptations to buildings, or building system repair or replacement, that are undertaken as part of the process of rehabilitating, preserving, or restoring existing structures for modern usage. Funding is based on budget availability and should be considered on a “first come, first served” basis. Filing of an application does not guarantee funding. Applications must be submitted prior to commencement of any improvement work, the cost of which is sought to be reimbursed by this Program. No grants will be awarded retroactively. Applications will be reviewed for completeness and compliance with program criteria. Projects that do not comply with the program criteria and conditions will not be eligible for funding. An authorized corporate officer or partners of the applicant’s business must sign the application, in addition to the property owner(s), if the applicant is the tenant. Tenants who are applying for a Grant must supply proof of a lease for the subject property that identifies at least three (3) years remaining in the lease term. Prior to consideration for Downtown Façade & Building Stabilization Program funding, the subject property must be free from any liens (except mortgage liens), judgments, or encumbrances (except easements) of any kind, current with all City obligations, and in compliance with all City Code requirements. The CRA reserves the right to contract for a title search and/or ownership and encumbrance report at the CRA’s discretion, the cost for which will be deducted from the Grant funds at the time of disbursement, if Program funding is approved. All applicants for Façade and Building Stabilization Program funding must submit to a criminal background check, the cost for which will be deducted from the Grant funds at the time of disbursement, if Grant funding is approved. If the applicant is a corporate entity, the president, director, manager, or in the case of a partnership, all partners shall submit to a criminal background check. In order to be eligible for funding, applicants must not have any of the following: a felony conviction or nolo contendere within the past five (5) years; a felony conviction or nolo contendere for financial/economic crimes within the past ten (10) years; or a felony conviction or nolo contendere for violent or heinous crimes (i.e. murder, sexual battery, sexual assault, armed robbery or burglary, carjacking, home-invasion, kidnapping, arson, crimes against children, etc.) in their complete history. If the background check reveals any of the above, the applicant will be rendered ineligible for the Grant. Otherwise, results of the background check will be included in the documentation provided to the Façade Grant Review Committee for consideration as part of the application. The Façade Grant Review Committee is designated by the CRA to review Grant applications. The Façade Grant Review Committee is comprised of the Assistant Director of the DDB/CRA, a representative of the City’s Planning Division designated by the City’s Planning Official, and the City’s Historic Preservation Officer. Any Grant funding awarded will be based on the lowest of at least three (3) qualified bids obtained and submitted by the applicant. The owner and/or applicant may elect to choose a contractor other than the one with lowest qualified bid, but shall be responsible for all costs exceeding the lowest qualified bid. In all cases, the selected contractor must be licensed and insured. The CRA will not be responsible in any manner for the selection of a contractor. A property owner and/or tenant should pursue all activities necessary to determine contractor qualifications, quality of workmanship, and reputation. The property or business owner will bear full responsibility for reviewing the competence and abilities of prospective contractors and secure proof of their licensing and insurance coverage. Program funds will be disbursed in the form of a grant with a limited repayment requirement. Should the façade improvements be removed or demolished or not be properly maintained for a minimum of three (3) years following completion of the project, unless said changes are approved in writing by the Façade Grant Review Committee, or if the terms of the Funding Agreement have been otherwise violated, the funds may be considered a zero interest rate loan, the outstanding balance of which will be due and payable within thirty (30) calendar days. The amount of the outstanding balance will be determined by amortizing the full grant amount in monthly installments over a three-year (36 month) period beginning on the date of execution of the Funding Agreement. In order to ensure that funds are available, improvements to be made under a Grant must be initiated (secured all necessary permits) within 90 days and completed within one (1) year of the date of execution of the Funding Agreement. Extensions may be granted by the Executive Director of the DDB/CRA given just cause by the applicant (e.g. contractor delays, acts of God, etc.). All Grant funds shall be issued to the Grantee on a reimbursement basis only. Applications for Grants shall meet the criteria outlined below: 1. Buildings must be located within the Downtown CRA (see program map). Downtown Façade and Building Stabilization Program Grants shall only be awarded for properties that contribute to the CRA through the payment of ad valorem taxes.

Appears in 6 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Xxxxx Structure and Criteria for Selection. The Community Redevelopment Agency (“CRA”) will oversee the Downtown Façade Commercial and Residential Building Stabilization ProgramImprovement Program (“DCRBIP”). Commercial and Residential Buildings will be eligible for façade and/or building stabilization improvements. A building façade improvement is defined as the renovation/restoration of any element of an exterior building face that is visible from the street. A building stabilization improvement is defined as structural alterations or adaptations to buildings, or building system repair or replacement, that are undertaken as part of the process of rehabilitating, preserving, or restoring existing structures for modern usage. Funding is based on budget availability and should will be considered on a “first come, first served” basis. Filing of an application does not guarantee funding. Applications must be submitted prior to commencement with a detailed proposal of any the improvement work, the cost of which is sought to be reimbursed by this Program. No However, no grants will be awarded retroactively, which means that funding will not be awarded for improvement work that commenced prior to the effective date of the Funding Agreement. Applications will be reviewed for completeness and compliance with program criteria. Projects that do not comply with the program criteria and conditions will not be eligible for funding. An authorized corporate officer or partners of the applicant’s business must sign the application, in addition to the property owner(s), if the applicant is the tenant. Tenants who are applying for a Grant must supply proof of a lease for the subject property that identifies at least three (3) years remaining in the lease term. Prior to consideration for Downtown Façade & Commercial and Residential Building Stabilization Improvement Program funding, the subject property must be free from any liens (except mortgage liens), judgments, or encumbrances (except easements) of any kind, current with all City obligations, and in compliance with all City Code requirements. The CRA reserves the right to contract for a title search and/or ownership and encumbrance report at the CRA’s discretion, the cost for which will be deducted from the Grant funds at the time of disbursement, if Program funding is approved. All applicants for Façade and Building Stabilization Program program funding must submit to a criminal background check, the cost for which will be deducted from the Grant funds at the time of disbursement, if Grant funding is approved. If the applicant is a corporate entity, then the president, director, manager, or in manager submitting the case of application shall submit to a criminal background check. If the entity is a partnership, then all partners shall must submit to a criminal background check. In order to be eligible for funding, applicants must not have any of the following: a felony conviction or nolo contendere within the past five (5) years; a felony conviction or nolo contendere for financial/financial economic crimes within the past ten (10) years; or a felony conviction or nolo contendere for violent or heinous crimes (i.e. murder, sexual battery, sexual assault, armed robbery or burglary, carjacking, home-invasion, kidnapping, arson, crimes against children, etc.) in their complete history. If the background check reveals any of the above, the applicant will be rendered ineligible for the Grant. Otherwise, results of the background check will be included in the documentation provided to the Façade Grant Review Committee for consideration as part of the application. The Façade Grant Review Committee is designated by the CRA to review Grant applications. The Façade Grant Review Committee is comprised of the Assistant Director of the DDB/CRA, a representative of the City’s Planning Division designated by the City’s Planning Official, and the City’s Historic Preservation Officer. Any Grant funding awarded will be based on the lowest of at least three (3) qualified bids obtained and submitted by the applicant. The owner and/or applicant may elect to choose a contractor other than the one with lowest qualified bid, but shall be responsible for all costs exceeding the lowest qualified bid. In all cases, the selected contractor must be licensed and insured. The CRA will not be responsible in any manner for the selection of a contractor. A property owner and/or tenant should pursue all activities necessary to determine contractor qualifications, quality of workmanship, and reputation. The property or business owner will bear full responsibility for reviewing the competence and abilities of prospective contractors and secure proof of their licensing and insurance coverage. Program funds will be disbursed in the form of a grant with a limited repayment requirement. Should the façade improvements be removed or demolished or not be properly maintained for a minimum of three (3) years following completion of the project, unless said changes are approved in writing by the Façade Grant Review Committee, or if the terms of the Funding Agreement have been otherwise violated, the funds may be considered a zero interest rate loan, the outstanding balance of which will be due and payable within thirty (30) calendar days. The amount of the outstanding balance will be determined by amortizing the full grant amount in monthly installments over a three-year (36 month) period beginning on the date of execution of the Funding Agreement. In order to ensure that funds are available, improvements to be made under a Grant must be initiated (secured all necessary permits) within 90 days and completed within one (1) year of the date of execution of the Funding Agreement. Extensions may be granted by the Executive Director of the DDB/CRA given just cause by the applicant (e.g. contractor delays, acts of God, etc.). All Grant funds shall be issued to the Grantee on a reimbursement basis only. Applications for Grants shall meet the criteria outlined below: 1. Buildings must be located within the Downtown CRA (see program map). Downtown Façade and Building Stabilization Program Grants shall only be awarded for properties that contribute to the CRA through the payment of ad valorem taxes.ten

Appears in 5 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Xxxxx Structure and Criteria for Selection. The Community Redevelopment Agency (“CRA”) will oversee the Downtown Façade Commercial and Residential Building Stabilization ProgramImprovement Program (“DCRBIP”). Commercial and Residential Buildings will be eligible for façade and/or building stabilization improvements. A building façade improvement is defined as the renovation/restoration of any element of an exterior building face that is visible from the street. A building stabilization improvement is defined as structural alterations or adaptations to buildings, or building system repair or replacement, that are undertaken as part of the process of rehabilitating, preserving, or restoring existing structures for modern usage. Funding is based on budget availability and should will be considered on a “first come, first served” basis. Filing of an application does not guarantee funding. Applications must be submitted prior to commencement with a detailed proposal of any the improvement work, the cost of which is sought to be reimbursed by this Program. No However, no grants will be awarded retroactively, which means that funding will not be awarded for improvement work that commenced prior to the effective date of the Funding Agreement. Applications will be reviewed for completeness and compliance with program criteria. Projects that do not comply with the program criteria and conditions will not be eligible for funding. An authorized corporate officer or partners of the applicant’s business must sign the application, in addition to the property owner(s), if the applicant is the tenant. Tenants who are applying for a Grant must supply proof of a lease for the subject property that identifies at least three (3) years remaining in the lease term. Prior to consideration for Downtown Façade & Commercial and Residential Building Stabilization Improvement Program funding, the subject property must be free from any liens (except mortgage liens), judgments, or encumbrances (except easements) of any kind, current with all City obligations, and in compliance with all City Code requirements. The CRA reserves the right to contract for a title search and/or ownership and encumbrance report at the CRA’s discretion, the cost for which will be deducted from the Grant funds at the time of disbursement, if Program funding is approved. All applicants for Façade and Building Stabilization Program program funding must submit to a criminal background check, the cost for which will be deducted from the Grant funds at the time of disbursement, if Grant funding is approved. If the applicant is a corporate entity, then the president, director, manager, or in manager submitting the case of application shall submit to a criminal background check. If the entity is a partnership, then all partners shall must submit to a criminal background check. In order to be eligible for funding, applicants must not have any of the following: a felony conviction or nolo contendere within the past five (5) years; a felony conviction or nolo contendere for financial/financial economic crimes within the past ten (10) years; or a felony conviction or nolo contendere for violent or heinous crimes (i.e. murder, sexual battery, sexual assault, armed robbery or burglary, carjacking, home-invasion, kidnapping, arson, crimes against children, etc.) in their complete history. If the background check reveals any of the above, the applicant will be rendered ineligible for the Grant. Otherwise, results of the background check will be included in the documentation provided to the Façade DCRBIP Grant Review Committee for consideration as part of the application. The Façade DCRBIP Grant Review Committee is designated by the CRA to review Grant applications. The Façade Grant Review Committee committee is comprised of the Assistant Director of Urban Development of the DDB/CRA, a representative of the City’s Planning Division designated by the City’s Planning Official, and the City’s Historic Preservation Officer. Any Grant funding awarded will be based on the lowest of at least three (3) qualified bids obtained and submitted by the applicant. The owner and/or applicant may elect to choose a contractor other than the one with lowest qualified bid, but shall be responsible for all costs exceeding the lowest qualified bid. In all cases, the selected contractor must be licensed and insured. The CRA will not be responsible in any manner for the selection of a contractor. A property owner and/or tenant should pursue all activities necessary to determine contractor qualifications, quality of workmanship, and reputation. The property or business owner will bear full responsibility for reviewing the competence and abilities of prospective contractors and secure proof of their licensing and insurance coverage. Program funds will be disbursed in the form of a grant with a limited repayment requirement. Should the façade and/or building stabilization improvements be removed or demolished removed, demolished, or not be properly maintained for a minimum of three (3) years for commercial buildings or five (5) years for residential buildings following completion of the project, unless said changes are approved or changed without approval in writing by the Façade DCRBIP Grant Review Committee, or if the terms of the Funding Agreement have been otherwise violated, the funds may be considered a zero interest rate loan, the outstanding balance of which will be due and payable within thirty (30) calendar days. The amount of the outstanding balance will be determined by amortizing the full grant amount in monthly installments over a three-year (36 month) for commercial properties or five-year (60 month) period for residential properties beginning on the date of execution of the Funding Agreement. In order to ensure that funds are available, improvements to be made under a Grant must be initiated (secured all necessary permits) within 90 days and completed within one (1) year of the effective date of execution of the Funding Agreement. Extensions may be granted by the Executive Director of the DDB/CRA given just cause by the applicant (e.g. contractor delays, acts of God, etc.). All Grant funds shall be issued to the Grantee Grantees on a reimbursement basis only. Applications for Grants shall meet the criteria outlined below: 1. Buildings must be located within the Downtown CRA (see program map). Downtown Façade Commercial and Residential Building Stabilization Improvement Program Grants grants shall only be awarded for properties that contribute to the CRA through the payment of ad valorem taxes.

Appears in 1 contract

Samples: Funding Agreement

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