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Board terminates enhancement grant for Kate Davis Holdings after applicant misses deadline
Summary
The board voted to terminate an enhancement grant incentive agreement for Kate Davis Holdings (2151 Underwood Road) after staff said the one-year completion deadline passed and staff lost contact with the applicant; the motion to terminate passed by voice vote, seven-zero.
Haley told the board she had pursued multiple follow-ups with the applicant for a facade improvement project at 2151 Underwood Road and that the company's project manager left the company after the grant was approved. Staff — having not received required documentation or seen project progress — reported the one-year deadline provided in the enhancement grant policy had passed and recommended termination of the agreement.
A board member asked whether termination would bar the applicant from reapplying immediately; staff said they believed there may be a three-year timer in policy language but that staff would double-check the enhancement grant policy. The board moved to terminate the incentive agreement for Kate Davis Holdings; the motion was seconded and passed by voice vote (seven-zero). Staff noted the company never received grant proceeds and that precise reapplication timing would be confirmed with staff review of policy.
