MBDC Grant Program Guidelines

 

  • The grant application must be completed by the property owner. All grant monies will be issued to the property owner.
  • Open to properties with commercial and mixed-use zoning.
  • Property owners cannot claim exemption from city, state, or federal taxes.
  • All projects must be pre-approved by the City of Mission.
  • All Building Codes, Municipal Codes, and Design Guidelines, if applicable, must be met.
  • Businesses will be reimbursed at half of their approved costs, with the MBDC share not to exceed $10,000. Projects receiving over $5,000 from the MBDC require three separate bids. The MBDC will reimburse 50% of the lowest bid.
  • Only external improvements are eligible.
  • Business must have a valid Occupational License with the City of Mission at time of application and must have been a Mission business for at least two years.
  • Properties in the 100-Year Flood Plain are excluded from the program.
  • Maximum grant per property owner is $25,000 over the life of the Grant Program.
  • Applications will be accepted from March 1st through May 30, 2008. Applications must
    be received in City Hall by 5 p.m. on May 30th.
  • Improvements must be completed within six months of the date of application approval.
  • If improvements are not complete, applicant must request an extension in writing through the MBDC.
  • W-9 forms must be completed prior to distribution of grant reimbursement funds.
  • Up to $2,000 of the total allowable grant from the MBDC may be used for signage.
  • Renderings of the sign must be submitted to the Community Development Office and approved by Community Development prior to approval.
  • Property Owners are only eligible for one sign grant every seven years.
  • “Before” photos of the business must be submitted with the grant application.
  • “After” photos must be submitted before grant award money will be issued.