Subject:
Lealman Community Redevelopment Area Commercial Grant Program.
Recommended Action:
Approval and execution by the County Administrator of a payment request for a Lealman Community Redevelopment Area (CRA) Commercial Grant Program work contract. This grant program is included in the Fiscal Year (FY) 2024 Lealman Work Plan, approved by the Board of County Commissioners sitting as the Community Redevelopment Agency (Agency) during their regular meeting on September 19, 2023.
The purpose of the Commercial Improvement Grant Program is to provide matching grants that will accelerate and leverage private investment to improve the appearance, condition, and functionality of existing non-residential buildings in the Lealman Community Redevelopment Area. Properties must be located within the boundaries of the Lealman CRA to be eligible for grant funds. The property must have an existing non-residential use, be structurally sound and meet Florida building codes. Matching grant awards of up to $40,000.00 are available for commercial interior and exterior improvements.
The business name and address of the property in question is Aria Capital Investments, Inc. d/b/a Air Quality Control 4582 28th Street North, Lealman, FL 33714, respectively.
• The total project cost is $37,905.00, including façade improvements (stucco work, window enhancements, sign removal, and painting exterior) and sign replacement.
• The work is completed, and the 50% matching grant reimbursement request is for $16,995.00.
• The requested funds are included in the FY24 Adopted Budget within Lealman CRA Trust Fund, Countywide portion of the Tax Incremental Financing (TIF).
• Funding for this payment request of $16,995.00 is included in the current year budget of the Lealman CRA in the Lealman Community Redevelopment Area Trust Fund.
• Body
Strategic Plan:
Ensure Public Health Safety and Welfare
2.2 Be a facilitator, convener, and purchaser of services for those in need.
Foster Continual Economic Growth and Vitality
4.2 Invest in communities that need the most
Deliver First Class Services to the Public and Our Customers
5.3 Ensure effective and efficient delivery of county services and support
Summary:
The Commercial Improvement Grant Program provides matching grants to commercial property owners and businesses for site improvements and interior and exterior upgrades with a focus on projects that remedy degraded building systems and extend the economic viability of the building.
Grant applicants are required to execute a Grant Agreement with the Agency, which contains the associated scope of work. After a fully executed Agreement is in place, a Notice to Proceed with the work is sent to the applicant. After the work is completed and inspected, a reimbursement request is routed through Legistar for payment approval.
Background/Explanation:
This grant program is included on the FY24 Lealman Work Plan, approved by the Board of County Commissioners sitting as the Community Redevelopment Agency during their regular meeting on September 19, 2023.
The purpose of the Commercial Improvement Grant Program is to provide matching grants that will accelerate and leverage private investment to improve the appearance, condition, and functionality of existing non-residential buildings in the Lealman Community Redevelopment Area. Properties must be located within the boundary of the Lealman CRA to be eligible for grant funds. The property must have an existing non-residential use, be structurally sound, and meet Florida building codes. Matching grant awards of up to $40,000.00 are available for commercial interior and exterior improvements.
Fiscal Impact:
Execution of the Grant Agreements would appropriate $16,995.00 from the Countywide portion of the Tax Incremental Financing revenues for the Lealman Redevelopment Trust Fund. Payment of these funds upon completion of the work is consistent with the FY24 Adopted Budget.
Funding for this payment request of $16,995.00 is included in the current year budget of the Lealman CRA in the Lealman Community Redevelopment Area Trust Fund.
Delegated Authority:
Authority for the County Administrator to approve this payment request is granted via the Agency’s approval of the FY24 Lealman Work Plan.
Staff Member Responsible:
Felix D Nunez, CRA Coordinator, Lealman Community
Partners:
-Lealman CRA Advisory Committee
-Lealman residents, businesses, stakeholders and community partners