To: MAYOR AND CITY COUNCIL
From: GREG KAPOVICH, WATERFRONT & ECONOMIC DEVELOPMENT DIRECTOR
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APPROVE A GRANT AGREEMENT BETWEEN THE CITY OF REDONDO BEACH AND DOING IT WITH LOVE INC., DBA TRADEWINDS, IN AN AMOUNT OF $ 3,263 FOR THE COMPLETION OF STOREFRONT IMPROVEMENTS AT 142 INTERNATIONAL BOARDWALK
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EXECUTIVE SUMMARY
The City Council has identified the revitalization of the International Boardwalk as a primary goal and adopted several related objectives as part of the City's Strategic Plan. One objective was the implementation of a Storefront Improvement Program (Program) to restore and enhance the physical appearance of the businesses along International Boardwalk. In 2022, the City Council approved $200,000 for the program, which provides up to 50% of matching grant funds to partially reimburse tenants for executed storefront improvements.
The proposed Agreement with Tradewinds would partially reimburse the retail store owner for storefront improvements at 142 International Boardwalk. The proposed improvements include replacing old wood panels and trim along the business facade, new siding, caulking, the patching of nail holes, new paint, and a new logo on the front door. In total, the project is estimated to cost $6,525. The grant agreement would reimburse 50% of the cost, for a total of $3,263.
BACKGROUND
In October 2022 the City Council approved a new Storefront Improvement Program for International Boardwalk tenants and appropriated $200,000 in funding to assist in revitalization of the area. The program provides matching grant funds (up to 50% of the project cost) to reimburse tenants that perform improvements to their storefronts. Eligible improvements under the Program include, but are not limited to, exterior paint, removal and replacement of old signs and awnings, repair and replacement of windows and entry doors, new fa?ade, landscaping, necessary ADA improvements, and remediation of any City code violations. All i...
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