The recommended process for submitting a financial incentive program application and the City’s process for accepting and evaluating applications is described below and illustrated in Figure 7-1.
STEP 1: PRE-APPLICATION CONSULTATION, APPLICATION SUBMISSION AND ACCEPTANCE
Prior to submitting an application for one or more of the financial incentive programs in this CIP, applicants are required to have a pre-application consultation meeting with the CIP Administrator and/or Land Sale and Development Committee to confirm application and eligibility requirements. At this meeting, the applicant should present the following supporting materials:
- Photographs of the existing building or property condition;
- Details of the project to be completed;
- Drawings or plans showing the details of the project;
- Estimate of the associated costs to complete the project;
- A work plan for the improvements and timeline for completion; and
- Any additional materials required to review the application, as determined by the City.
The Administrator and/or Land Sale and Development Committee will complete a preliminary screening of the supporting materials and provide comments to the applicant on whether the project meets the objectives of the CIP. Staff will confirm the proposed project’s eligibility under the available financial incentive programs. If a project is determined to be eligible for one or more financial incentive programs, the Administrator and/or Land Sale and Development Committee will inform the applicant of how to
complete an application. Acceptance of an application does not guarantee program approval. The application will be rejected if it is not considered complete, or if it clearly does not comply with the eligibility criteria. The applicant will be advised of approval or non-approval within 30 business days of the receipt of a complete application. The Administrator will enter the accepted or rejected application into the City’s inventory.
STEP 2: REVIEW AND EVALUATION OF AN ACCEPTED APPLICATION
Applications for projects which are determined to meet the goals of the CIP will be recommended for approval by the Administrator. A recommending report will be prepared and submitted to the Land Sale and Development Committee and/or Council for review and approval. Funding for the CIP financial incentive programs and individual grant applications is allocated solely at the discretion of Council and the Administrator and/or Land Sale and Development Committee, if they have been delegated authority.
STEP 3: APPLICATION APPROVAL AND FINANCIAL INCENTIVE PROGRAM AGREEMENT
Upon approval of an accepted application, a Financial Incentive Program Agreement (“the Agreement”) will be prepared by the Administrator and entered into between the City and the applicant. The Agreement will outline the nature of the works to be completed, the details of the financial incentive programs, and a timeframe for project completion and grant payment(s). A
copy of the Agreement will be provided to the applicant. If the application is not approved, the applicant may revise their application to address the reason for refusal, in consultation with the CIP Administrator, and recommence the application process.
STEP 4: COMPLETION OF COMMUNITY IMPROVEMENT WORKS AND GRANT PAYMENT(S)
Upon execution of the Agreement, the applicant may begin the approved community improvement works. In the case of grants, payment will occur once the approved works have been completed, as outlined in the Agreement, to the satisfaction of the Administrator and/or the Land Sale and Development Committee and Council. Before the payment is issued, the applicant may be required to provide the Administrator and/or the Land Sale and Development Committee with final supporting documentation, such as photographic evidence of the completed works, invoices for all eligible work completed, and proof of payment to contractors, etc., to the satisfaction of the Administrator and/or Land Sale and Development Committee. The Administrator and/or the Land Sale and Development Committee and other City staff, as applicable, may perform a site visit and inspection of the building or property, as necessary, to ensure the community improvement works have been completed in accordance with the Agreement. The Administrator and/or the Land Sale and Development Committee may take appropriate action as specified in the Agreement if the applicant defaults on the Agreement. If all program and Agreement requirements are determined to have been met to the satisfaction of the Administrator and/or the Land Sale and Development Committee, payment will be issued to the applicant for the approved grant, in accordance with the program and Agreement requirements.