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HomeMy WebLinkAboutReso 92-2014RESOLUTION NO. 92 -2014 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA RESOLUTION APPROVING THE REVISED PROGRAM GUIDELINES, PROPERTY PRIORITY LIST, DEVELOPMENT OF A CITY FEE WAIVER POLICY, AND GRANT AGREEMENT AND LOAN DOCUMENT TEMPLATES FOR THE DOWNTOWN FACADE AND TENANT IMPROVEMENT PROGRAM WHEREAS, the City Council held a Study Session on February 14, 2014 to present the implementation of an economic development strategy for the City of South San Francisco ( "City "); and WHEREAS, part of the economic development strategy included a staff proposal on how to improve the Downtown; and WHEREAS, the City Council approved staff's proposal and directed staff to 1) amend the City's existing Commercial Rehabilitation Program guidelines to include increased fagade grants, loans for interior tenant improvements, architectural assistance, and program promotion measures; 2) prepare a list of key businesses to focus the revised program on; and 3) change the program's funding source; and WHEREAS, the City Council has already changed the program's funding source through the allocation of $200,000 in one -time General Fund dollars in the FY 2014 -15 City Operating Budget to support these activities; and WHEREAS, based on the direction given by City Council, staff recommends the City Council approve the following changes to the Commercial Rehabilitation Program starting in FY 2014-15: 1) renaming the existing Commercial Rehabilitation Program to the Downtown Fagade and Tenant Improvement Program; 2) revising the program guidelines to include increased grant and loan thresholds, interior tenant improvements as an eligible improvement, architectural assistance, and program promotion measures; 3) approving the Property Priority List, which shows the eligible program areas and identifies key businesses in need of facade improvements; 4) approving the development of a policy that exempts Downtown Fagade and Tenant Improvement Program projects from having to pay City fees; and 5) approving the Downtown Facade and Tenant Improvement Program grant agreement and loan document templates; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Council hereby: 1. Approves the Downtown Fagade and Tenant Improvement Program Guidelines, attached hereto as Exhibit B, and incorporated herein. 2. Approves the Property Priority List for the Downtown Fagade and Tenant Improvement Program, attached hereto as Exhibits C and D, and incorporated herein. 3. Approves the development of a City fee waiver policy. 4. Approves the Downtown Fagade and Tenant Improvement Program grant agreement and loan document templates, attached hereto as Exhibits E and F, and incorporated herein. BE IT FURTHER RESOLVED by the City Council that the City Manager, or his designee, is authorized to implement the guidelines and improvements consistent with this Resolution and Exhibits, to execute any related documents, and to take any other actions as necessary to carry out the intent of this Resolution. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 23rd day of July, 2014 by the following vote: AYES: Councilmembers Mark N. Addiego, Pradegp Gupta, and Liza Normandy Vice Mayor Richard A. Garbarino and Mayor Karyl Matsumoto NOES: None ABSTAIN: None ABSENT: ATTEST: u)�-- Anna Brown, Deputy City Clerk