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Council weighs continuing façade grants, expands restaurant incentives and asks staff for policy options
Summary
Council reviewed downtown incentive programs: the façade grant (original $200k allocation now with ~$33k remaining and four pending applications) and the restaurant‑incentive program (roughly $200k allocated, high reported private leverage). Council asked staff for policy options including sliding scales, proof of funds, and annual ROI reporting.
Council discussed downtown economic programs that staff said have stimulated private reinvestment.
Staff reported the façade grant program has historically leveraged roughly $2.30 in private investment for every $1 of city funding. Council members debated whether to continue the program, change…
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