ITEM TITLE:
Approval of Beautification Task Force Recommendation to Award 2019 Beautification 50/50 Matching Grants in the Amount of $86,672.93
SUBMITTED BY: Allie Ferko, CMC, Deputy City Clerk
FISCAL NOTES:
Expenditure Required: $86,672.93
Unencumbered Balance: $186,982.34
Funding Source: 350.5550.55000 (Beautification Task Force Reserve)
RECOMMENDATION:
Approve Beautification Task Force recommendation to award 2019 Beautification 50/50 matching grants in the amount of $86,672.93
SUMMARY STATEMENT:
Following advertisement and direct mailings to eligible businesses, the Beautification Task Force received 14 applications for the 2019 Beautification 50/50 Matching Grant Program. (Blank application with program guidelines attached for reference.)
After careful consideration of program goals, detailed review of submitted applications, and scoring each eligible project, the Beautification Task Force selected and recommends awarding grant funding for the following 10 beautification projects in 2019:
Organization Property Address Maximum Grant Award
Valdez Vet Services 321 Egan #104 $ 1,800.00
Valdez Outfitters 241 N Harbor Dr $ 7,679.03
Valdez Masonic Lodge #4 101 Hazelet (Corner Lot) $20,000.00
Tapp Building 313 Galena $ 6,017.50
ATM Properties 235 Fidalgo $10,000.00
Subway 136 Pioneer $ 8,000.00
Valdez Brewing 141 Galena (Double Lot) $15,808.40
Mineral Creek Court LLC 411 W Egan $ 8,000.00
Valdez Senior Center 1300 E Hanagita $ 1,618.00
Silverback LLC 1352 Richardson Hwy $ 7,750.00
TOTAL 2019 GRANT AWARDS: $86,672.93
Under grant program requirements, business owners can apply for a grant rebate to pay up to 50 percent of the cost of improvements, with a maximum reimbursement of $10,000 per building. Projects involving corner buildings or buildings spanning double lots may request larger grant amounts, not to exceed a maximum reimbursement of $20,000.
After all grant project work is complete, awardees must submit a reimbursement package which includes documentation of actual costs expended on the scope of work as outlined in their grant award letter. The grant is a reimbursable 50/50 match, at a not-to-exceed amount (reimbursed at 50% of actual costs up to grant award).
The attached spreadsheet outlines specifics related to adjusted allowable project scopes, request/award amounts, etc.
The spreadsheet also outlines why four of the ten applications were not selected to receive 2019 grant awards. Non-selected applicants will be provided guidance as to how they could best adjust their projects to meet program criteria in 2020.
This is the 4th year of the Beautification 50/50 Matching Grant Program.