Heart of the City Program: Parking and Landscape Enhancement Program
$25,000.00
Loan
Description:
The Parking and landscape enhancement Program program comprises of interest-free loans repayable over a maximum 10 year term. Funding applies to projects which may include development or enhancement of parking, landscaping or the provision of related amenities such as seating. A project may also include the creation of a parking lot funded jointly by more than one property owner, and in relation to either a single parcel of land or multiple parcels.
Comments on Funding:
The maximum level of assistance per property owner per project is $25,000, an interest-free loan over a maximum 10 year term.
Funding is further limited to the total eligible cost where this is less than $25,000.
The maximum combined total of interest-free loans under this Program per property owner is $75,000.
Continuous Intake
Eligibility:
Applicants must be property owners with projects which may include development or enhancement of parking, landscaping or the provision of related amenities such as seating.
Application Steps:
Application steps:
1. Consultation Meeting
a) Call or email to set up an initial meeting with Dana McLean, development Coordinator to discuss applicant’s property and building renovations, the application process, timelines and identify any additional requirements, such as building permits.
b) If applicant’s plans for renovation require architectural plans for a building permit, he can submit a request for funding for the design fees.
c) A list of qualified professionals will be provided to help applicants choose a designer/architect/ engineer depending on their needs.
2. Concept Plans and estimates
a) Once applicants have their concept design plans, they can contact contractors to ask them to provide estimates for each of the areas of work based on the finalized plans, such as windows, store front and interior renovations which may include electrical and plumbing.
b) Staff will help applicants meet with other city departments for any additional requirements, such as permits.
c) Once you have the estimates you may apply for funding for the renovation work.
3. Submit application
a)The application is reviewed by the Cornwall Planning Programs evaluation group (CPPEG), at the beginning of the month.
b) CPPEG then makes a recommendation for your application and it is presented to the Planning Advisory Committee (PAC) mid-month for approval.
c) The recommended approval then proceeds to City Council for final approval for the funding request.
4. Funding approval
a) Any work started prior to the final approval by City Council is not eligible for funding.
b) Grant funding may be dispersed through a request for progress payments or when work is completed and a final inspection has been received.
Documentation Needed:
Applicants must submit with their application:
1. the concept/design plans;
2. any written estimates from qualified contractors/consultants/etc (materials, labour, professional services fees, a unit cost per parking space and site plan for parking layout, for example). The Evaluation Committee may recommend selection of a specific estimate to successful applicants.
3. copy of their most current tax receipt;
4. a Letter of Authorization from the Registered Owner(s) MUST accompany this request indicating support for the subject Applicant(s) to proceed accordingly, if the Applicant(s) is not the Registered Owner(s) of the Property subject to this HOTC Program Application.
Other Things to Note:
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Maurice