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Cary approves façade improvement incentive for downtown business at 117 West Main Street
Summary
The Village of Cary board approved a resolution allowing Significant Wealth Partners to receive up to a 50% matching façade grant for exterior improvements at 117 West Main Street, with proposed work estimated just under $11,000 and property located in TIF District 3.
The Village of Cary board approved a resolution April 7 authorizing an incentive agreement under the village façade improvement and interior build-out grant program for Significant Wealth Partners at 117 West Main Street.
Brian provided an overview, telling trustees the property sits in TIF District 3 downtown and—because the occupant is a non-sales-tax-producing tenant—meets eligibility criteria for the program. The proposed exterior work includes roof replacement above an existing awning and work around the front façade windows; total proposed improvements were described as just under $11,000, with the program providing up to a 50% matching grant.
"This is a request through the village's façade improvement program... The proposed improvements would be just under $11,000, so the matching grant would be up to 50%, which is the maximum we would be able to contribute toward the project," Brian said.
The board approved the resolution by roll call. Staff said the action is part of ongoing downtown beautification efforts and will proceed with a standard grant agreement and project oversight.
