I move the staff recommendation.
Staff recommendation: The MRA Board approve TIF assistance for the Bissinger Place Project in an amount not to exceed $269,000 for asbestos remediation, deconstruction, utility relocation, and 1st Street right of way improvements with the understanding that the TIF assistance will be a reimbursement to the Developer upon full completion the project as evidenced by the issuance of a Certificate of Occupancy from the City of Missoula, and further, that the amount of the TIF reimbursement will be based on paid invoices submitted by the Developer documenting actual costs of the TIF eligible improvements; and authorize the Board Chairman to sign the Development Agreement.
I further move the MRA Board approve a Façade Improvement Program grant to Bricks & Spurs, LLC in an amount not to exceed $50,000 for exterior paint removal, windows, doors, and over-head door replacement, and installation of awnings with the final amount of the grant to be based on paid contractor invoices provided by the applicant; and authorize the Board Chairman to sign the Façade Improvement Agreement.