Minutes
Development & Heritage Standing Committee
Monday, May 11, 2020
11.3. Building Facade Improvement CIP for Main Streets—5640 Wyandotte Street East, Ward 6
Moved by: Councillor Holt
Seconded by: Councillor Sleiman
Decision Number: DHSC 163
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THAT the request made by Peter Rieveley, owner of the property located at 5640 Wyandotte Street East BE APPROVED for a grant of +/-$11,738.73 towards eligible costs for incentives under the Building Facade Improvement Program and Urban Design Guidelines for Main Streets Community Improvement Plan; and,
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THAT grants BE PAID to Peter Rieveley upon completion of improvements to the facade of 5640 Wyandotte Street East through Reserve Fund 156 (Building Facade Improvement Program) to the satisfaction of the City Planner and Chief Building Official.
Carried.
Report Number: S 63/2020
Clerk’s File: Z/13002
11.4. Application by the registered owner (1433341 Ontario Inc) for Financial Incentives under the Sandwich Community Improvement Plan within the Sandwich Heritage Conservation District for the property located at 3236 to 3238 Sandwich Street (Ward 2)
Moved by: Councillor Holt
Seconded by: Councillor Sleiman
Decision Number: DHSC 164
I. THAT the request made by the registered owner (1433341 Ontario Inc.) of the property located at 3236 to 3238 Sandwich Street, for financial incentives under the Sandwich CIP Economic Incentive Program(s) for improvements to the exterior facade(s) of the commercial establishment known as Rock Bottom Bar & Grill BE APPROVED, for the following incentive programs:
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Commercial/Mixed Use Building Facade Grant in the amount of $25,000;
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Commercial/Mixed Use Building Improvement Loan Program in the amount of $30,000;
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Commercial Core Feasibility Grant up to a maximum amount of $5,000;
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Development and Building Fees Grant in the amount of (+/- ) $2,466; and
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Revitalization Grant Program for 70% of the municipal portion of the tax increment for up to 10 years (amount to be determined);
II. THAT should improvements result in an increased assessment which would make this application eligible for the Revitalization (property tax increment) Grant Program, Administration BE