Res 2022-094R/Amending the City's Economoc Development Policy among other things to expand available incentive category for new and existing business reallocate scoring matrix points and update definitions

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Lighting that is visually appealing and appropriately illuminates signage, storefront window displays, and recessed areas of a building façade Window replacement and window framing visible from the street and appropriately scaled to the building Signage that is attractively integrated into the architecture of the building, including the window area, awnings or canopies, and entryways, and the removal and replacement of non-conforming signs Installation of monument signage, and the removal and replacement of non-conforming signs Curbing, irrigation, approved trees, landscaping beds (not including planting material) or other landscape features attached to the building where appropriate, not to exceed twenty percent (20%) of the project budget Removal of architectural barriers to public accessibility Installation of fire sprinklers or other life-safety systems in historically or architecturally significant buildings Other improvements that meet the objectives of the BIG Grant Program Process 1. The Applicant will meet with City staff for initial project discussion and file an application with the City’s Economic Development staff. 2. The Applicant will meet with the BIG Review Committee (consisting of a staff representative from Economic Development, Main Street, and Permitting, or other City Manager designees) to discuss property improvements and design alternatives. a. If necessary, an architect will prepare final designs and submit them to the BIG Review Committee. 3. Upon approval from the BIG Review Committee, the Applicant has 60 days to solicit itemized bids for work to be done. 4. The BIG Review Committee will review/approve the reimbursement amount based on the lowest responsible bid for improvements. 5. The BIG Review Committee will send the Applicant a “notice to proceed with improvements.” 6. Applicant, contractor(s), and project architect will hold a pre-development meeting with applicable City staff. 7. Applicant has sixty (60) days from “notice” to begin improvements and nine (9) months to complete improvements after permit is issued. If any design changes occur, the BIG Review Committee must be notified. 8. Applicant notifies BIG Review Committee when improvements are complete. 9. BIG Review Committee verifies that project improvements comply with the approved plans. 10. Applicant submits copy of all paid invoices to BIG Review Committee. The Architect and contractor(s) submit letters to the BIG Review Committee acknowledging full payment by the Applicant. 11. City issues rebate check. An extension of time may be granted by the BIG Review Committee if there are special circumstances that prevent the above timeline from being met. 11