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The Property Owner (or Grantee) hereby agrees and acknowledges that: <br />A. Funds received as a result of this application will be expended as reimbursements of up to half of actual expenses <br />and must be completed within established timelines. <br />B. Awards from the Historic Preservation Fund may differ in type and amount from those requested on an <br />application. <br />C. Recipients must submit their project for any required design review by the Historic Preservation Commission and <br />acquire any required building permits before work has started. <br />D. All projects are subject to zoning and building code review and approval of a grant does not constitute building <br />permit approval. <br />E. All work approved for grant funding must be completed even if only partially funded through this incentives <br />program. <br />F. Unless the conditions of approval provide otherwise, disbursement of grant or rebate funds will occur after <br />completion of the project and shall be accompanied by proof of payment. Reimbursements are processed as <br />payments to the Property Owner or Grantee. <br />G. The incentive funds may be considered taxable income and Applicant should consult a tax professional if they <br />have questions. <br />H. The grant application will be reviewed in accordance with all relevant City policy, including but not limited to the <br />categories of eligible expenses described below. <br />Eligible expenses fall into one or more of the categories below. Interior improvements for protection, stabilization, <br />or code -required work are eligible for grants. Other interior improvements are not. <br />Preservation applies methods to sustain existing form, integrity, and materials. Approved work focuses on <br />repairing exterior historic materials and features rather than extensive replacement and new construction. <br />Rehabilitation facilitates new uses and standards for a building through repair, alterations, and additions <br />that preserve those portions or features that convey its historical, cultural, or architectural significance. <br />Rehabilitation acknowledges the need to alter or add to a historic property while retaining the property's <br />historic character. Upgrading mechanical, electrical, and plumbing systems and other code -related work <br />may be considered rehabilitation. <br />Restoration accurately depicts the form, features, and character of a property as it appeared at a particular <br />period of time. Approved work focuses on exterior work and includes the removal of features from other <br />periods in its history and reconstruction of missing features from the restoration period. <br />SIGNATURES AND DATES <br />4/8/4024 <br />Owner (or Grantee) Signature Date <br />If Grantee is not Property Owner, describe relationship to property: <br />CITY USE ONLY - INTAKE VERIFICATION <br />❑ Table is filled out completely <br />❑ List of Line Item Descriptions is attached <br />❑ Title of Line Items matches Line Item Description Addendum <br />❑ Accompanied by Alteration Certificate, if needed <br />❑ Line items correspond to one of the 3 eligible categories (preservation, restoration, <br />rehabilitation) <br />❑ Applicant has met with staff if grant request is above maximum allowed Page 3 of 3 <br />