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18-60 Resolution No. 18-60 RESOLUTION APPROVING A GRANT RECIPIENT ELIGIBILITY LIST UNDER THE 50/50 and 75/25 HISTORIC ARCHITECTURAL REHABILITATION GRANT PROGRAMS WHEREAS, the 50/50 and 75/25 Historic Architectural Rehabilitation Grant Programs have been established to provide financial assistance and incentives for property owners in Elgin's historic districts and individual landmarks in the restoration of their properties; and WHEREAS, in 2018 applications have been made for 7 projects under the city's Historic Architectural Rehabilitation Grant Programs; 4 applications under the 50/50 historic rehabilitation grant program and 3 applications under the 75/25 historic rehabilitation grant program; and WHEREAS, pursuant to Ordinance No. G31-15, funding for the 50/50 and 75/25 Historic Architectural Rehabilitation Grant Programs has been combined into one historic rehabilitation grant fund; and WHEREAS, said applications have been submitted to the Elgin Heritage Commission which conducted a review and scored applications based upon objective criteria and forwarded eligibility lists to the City Council which has reviewed and approved the lists. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the sum of $104,072.39 is allocated for the following projects approved under the grant recipient eligibility lists. 50/50 Program Owner Address Grant Amount Grant Born 278 Douglas Avenue $20,000 Tim Ramseyer 128 College Street $5,145 Steven Starobrat 420 Douglas Avenue $20,000 Martha Cintora 434 Park Street $12,429.64 75/25 Program Owner • Address Grant Amount Krissy Palermo 320 N. Spring Street $8,913.75 Donna Stefani 429 Division Street $18,262.50 Byron Bridges 216 Villa Street $19,321.50 TOTAL $104,072.39 BE IT FURTHER RESOLVED that the projects shall be in conformance with all applicable codes and ordinances. s/ David J. Kaptain David J. Kaptain, Mayor Presented: May 23, 2018 Adopted: May 23, 2018 Omnibus Vote: Yeas: 9 Nays: 0 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk - 2 -