HomeMy WebLinkAbout101-Staff Report.pdf SARATOGA CITY COUNCIL
MEETING DATE: October 19, 2011 AGENDA ITEM:
DEPARTMENT: City Manager’s Office CITY MANAGER: Dave Anderson
PREPARED BY: Kimberly S. Thomas, DIRECTOR: Dave Anderson
MTEP Participant
Crystal Morrow,
Administrative Analyst II
SUBJECT: Approval of Village Façade Improvement Program Budget Adjustment
RECOMMENDED ACTION:
Accept report and approve a budget adjustment and recommendation for future funding review
for the Village Façade Improvement Program.
BACKGROUND:
At the October 5, 2011 City Council meeting, Vice Mayor Chuck Page requested that Staff
provide on update on the Village Façade Improvement Program and the status of funding
available.
REPORT SUMMARY:
The City created the Village Façade Improvement Program in 2004, to revitalize the downtown
area and encourage private investment in the Village. The Program allows property and business
owners to receive up to a 50% reimbursement of the cost of storefront improvements that are
visible from Big Basin Way. The maximum award is $5,000. Initial funding for the program
lasted one year and the program was restored in 2007, when the Council allocated $20,000 to the
Program from the Council Discretionary Fund. Since 2007, the City has awarded six Village
Façade Improvement grants for a total of $19,022.
Business Name: Location: Project
Cost:
Grant
Amount
Year
Awarded:
International Coffee
Exchange
14471 Big Basin
Way $1,140 $570 2008
M.E. Benson’s
Antiques, Little
Amsterdam
14486 Big Basin
Way, 20601 –
20605 3rd Street $1,230 $615 2008
Cinnabar Tasting
Room
14612 Big Basin
Way $10,550 $2,837 2009
Michael Anthony 14487 Big Basin $30,000 $5,000 2010
Business Name: Location: Project
Cost:
Grant
Amount
Year
Awarded:
Salon Way
Yolatea
14482 Big Basin
Way $10,200 $5,000 2010
California Living
14413 Big Basin
Way $12,622 $5,000 2010
Total: $64,602 $19,022
At this time, the remaining funds for the Village Façade Improvement Program are $978.
Additional funding is needed for the Program to continue.
Staff recommends:
(1) An appropriation in an amount to be determined by the City Council from the current
FY 2011-12 Council Discretionary Funds, as there is a remaining Council
Discretionary Fund Balance of $44,050.
(2) Council review of the Program budget as part of the Capital Improvement Project
(CIP) process each Fiscal Year, so that unused funds are able to be carried over from
year to year.
If Council decides to allocate additional funds to the Village Façade Improvement Program,
Council will need to specify the amount of money to be allocated. Additionally, Council will
need to approve the attached budget adjustment resolution based on the agreed upon allocation to
the Village Façade Improvement Program.
The current Program guidelines are limited to storefronts in the Village Commercial District that
are visible from Big Basin Way. Should there be a request to consider an expansion of funding
eligibility, Staff could bring suggested adjustments back for consideration to the existing
Program description and application (Attachments A and B).
FISCAL IMPACTS:
Upon Council approval, revenue budget appropriations will be amended.
CONSEQUENCES OF NOT FOLLOWING RECOMMENDED ACTION:
Revenue appropriations will not be amended and Village Façade Improvement Program funding
will be limited.
ALTERNATIVE ACTION(S):
The Council could adopt other Village Façade Improvement amendments, and/or request staff to
bring back future reports on the Program.
FOLLOW UP ACTION:
Implement Council direction.
ADVERTISING, NOTICING AND PUBLIC CONTACT:
Pursuant to Government Code 54954.2, this item was properly posted as a City Council agenda
item and was included in the packet made available on the City’s website in advance of the
meeting. A copy of the agenda packet is also made available at the Saratoga Branch Library each
Monday in advance of the Council meeting.
ATTACHMENTS:
Attachment A: Village Façade Improvement Full Program Description
Attachment B: Village Façade Improvement Full Program Application
Attachment C: Proposed Budget Adjustment Resolution