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Budget/Finance 4.

Community Redevelopment Agency

Meeting Date:	08/18/2016
Issue: Cancellation of Commercial Facade, Landscape, and Infrastructure Grant Program Lien
From:	Tonya Gant
Department:	Neighborhood & Human Svcs
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Cancellation of a Commercial Façade, Landscape, and Infrastructure Grant Program Lien - Tonya Gant, Neighborhood & Human Services Department Director

That the Board take the following action concerning the cancellation of the Commercial Façade, Landscape, and Infrastructure Grant Program Lien:

A. Approve the following Cancellation of a Commercial Facade, Landscape, and Infrastructure Grant Program Lien, as the Grant recipient has met the one-year of compliance with the Commercial Façade, Landscape, and Infrastructure Grant Program:

Property Owner	Address	Amount
Ball Bushing Warehouse, LLC	3825 West Navy Boulevard	$8,600

B. Authorize the Chairman to execute the Cancellation of Lien document.

BACKGROUND:

The CRA created the matching Grant programs to be implemented within the County's redevelopment districts. The intent of the matching Grant programs is to incentize private investment to upgrade the appearance, property values, and economic activity on selected commercial corridors and/or residential properties. A rendering of the project is attached.

BUDGETARY IMPACT:

Funding for this project will be funded through the Warrington TIF, Cost Center 370114.

LEGAL CONSIDERATIONS/SIGN-OFF:

The Lien Agreement was reviewed and approved as to form and legal sufficiency by Kristin Hual, Assistant County Attorney.

PERSONNEL:

Neighborhood & Human Services Department/Community Redevelopment Agency (NHS/CRA) staff will handle this Lien cancellation document.

POLICY/REQUIREMENT FOR BOARD ACTION:

Current practice requires Board approval for Commercial Façade, Landscape, and Infrastructure Grant Program lien cancellation.

IMPLEMENTATION/COORDINATION:

NHS/CRA staff, in coordination with the property owner, will handle all implementation tasks.

Attachments
Lien CX-Ball Bushing-Aug2016