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Urban Renewal committee removes then approves grants attachment after questions on near‑exhausted building improvement fund

5599110 · April 2, 2025
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Summary

Committee members removed Attachment A from the consent agenda for discussion, clarified that the building improvement grant has under $500 remaining and that no new applications have been received since December, and then approved the attachment after staff answers.

The Urban Renewal District Advisory Committee removed Attachment A from the consent agenda for discussion at its April 1 meeting, questioned staff about the status of the building improvement grant and pending applications, and later approved the attachment after staff clarified funding and application timelines.

Committee members, speaking during the consent agenda review, asked whether the building improvement grant was nearly spent. "If I did my math correctly, the building improvement grant is nearly spent. There's less than 500 left in that. Is that correct?" a committee member asked. Tyler, a city staff member, replied, "Yes." The committee asked whether any additional applications were pending; Tyler said, "We have not received an application, since about December."

The committee discussed what "pending approval" meant in the packet; Tyler explained that items are marked pending because the application is not complete and that approved applicants have one year to utilize awarded funds even if the fiscal year ends. "Once they're approved, they have a year to utilize the funds even though the fiscal year ends," Tyler said.

After the discussion, a committee member moved to remove Attachment A from the consent agenda for separate consideration; the committee approved that motion. Later, following the Q&A, a motion to approve Attachment A passed. The committee also moved, seconded and approved the minutes from the prior meeting.

Why it matters: the building improvement grant is effectively depleted for the current fiscal period, and staff indicated no new applicants since December, which affects how many projects can be funded this year and whether owners will be encouraged to apply in the next fiscal year.

Committee members and staff noted that applications once approved generally have a one‑year window to complete work and draw funds; if an approved applicant does not complete the project within required timelines, those funds return to the program for future allocation.

The committee adjourned with no additional changes to the grants program announced at this meeting and moved on to other agenda items.