WHEREAS Council at its meeting of September 12, 2018 approved a Façade Improvement Grant (File: FA18-003) and a Building Improvement Grant (File: BU18-004) in the amount of $50,000 each for 249 Main Street North (Resolution PDC 108-2018).
AND WHEREAS, the proposed works involved the restoration and conservation of the building, which is a designated heritage resource and converting it to commercial uses.
AND WHEREAS, following the approval of the grant, the owner decided to use the building for residential purposes rather than commercial uses.
AND WHEREAS, the owner completed the works approved under the Façade Improvement Grant and Council at its meeting of April 8, 2020 directed Staff to pay the Façade Improvement Grant under application FA18-003 (Resolution C107-2020) notwithstanding the building being used for residential purposes because the completed works contribute to revitalizing Downtown Brampton by restoring a designated heritage resource and would benefit the building if it were to be converted to a commercial use in the future.
AND WHEREAS, the owner has since advanced, but not completed, the works for the interior of the building.
AND WHEREAS, the works approved under the Building Improvement Grant would also contribute to the restoration of the designated heritage resource and would benefit the building if it were to be converted to a commercial use in the future.
AND WHEREAS, the Implementation Guidelines require that payment of grants only be made after work approved under a grant is completed to ensure that grant monies are used for the works, and it is important to maintain that intent.
IT IS THEREFORE RESOLVED that Staff be directed to proceed with the payment of the Building Improvement Grant under application BU18-004 upon the completion of the works to restore the interior of the building, which can be paid out in two installments with the first being for a maximum of $30,000 upon completion of the work to the foundation of the building, following the standard requirements contained in the Building Improvement Grant Implementation Guidelines for the submission of invoices, inspections and other matters.