The city of Richland's office of business and economic development is authorized to establish and manage a commercial facade improvement program ("program"). The purpose of the program is to encourage and enhance economic development, and reduce blight in the city. The program shall be funded annually through application to the business license reserve fund, based on recommendation from the economic development committee and approval by the city council. The commercial facade improvement program is a matching funds program. Use of the funds shall be designated for improvement of commercial areas or properties that exhibit preblight conditions as identified by the economic development committee for public investment to facilitate private economic development and to limit or eliminate blight. The city's program and participation shall be secured by agreement. The consideration for a program agreement includes but is not limited to the anticipated increase in sales tax received by the city and the avoidance of public expenditure on blighted areas. Program facilities and improvements shall be permanent in nature and within view of a public right-of-way or property, and shall be maintained in good, clean working condition by the private party. The awarding of funds shall be made by the Richland city council based upon recommendations to the council by the economic development committee, which shall review the applications submitted to them. The economic development committee shall develop administrative guidelines for the program; said guidelines shall be reviewed by staff and accepted by the city council. To be eligible for reimbursement, receipts for eligible project expenses must be received by the city within 12 months of the contract issue date. Any funds not expended to meet this deadline are forfeited.
In the event there are too few applicants and the reserve exceeds $200,000, the funds may be utilized for new construction on vacant developed or undeveloped land to fill gaps in the Central Business District (CBD) zone. Under such circumstances, land must be vacant/unoccupied for no less than two years to be eligible for application to the program.
(Ord. 15-08; Ord. 09-13 § 1.03; Ord. 49-18 § 1; Ord. 50-19 § 1)