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This is a service / maintenance or supply contract in Palatka, Florida. Contact the soliciting agency for additional information.

The City of Palatka Community Redevelopment Agency (the "CRA") hereby solicits applications for the Building Improvement Grant Cost Share Program for projects located within the City of Palatka Community Redevelopment Agency areas. To be eligible for consideration projects must be located in a City of Palatka CRA Tax Increment District and advance the goals outlined in the CRA plan. The Building ImprovementGrant Cost Share Programis intended to encourage the redevelopment of blighted residential and commercial properties by assisting those who are attempting to improve properties which are most in need of rehabilitation or remodeling;do not necessarily depend upon grant funds to move forward; and which have a greater probability of successful completion.The owner will have ten (10)days from notification of award to execute the grant agreement and up to one (1) year from the date of execution of the grant agreement to complete the work. The grant program is only applicable to new work and is not retroactive. Work completed prior to grant award on the property may not be considered as match or for grant funding. The following covenants will define the use of Tax Increment Funds in a reimbursement method. Cost share funds shall be reimbursed up to fifty percent (50%) of the total project cost to a maximum of twenty-fivethousand dollars ($25,000). Approvedprojects will receive reimbursement at one hundred percent (100%) completion of the project scope. Funds will be disbursed by a check payable to the applicant after the following: Submission of all receipts and required documentation to the Project Manager, including: contractor invoicing and evidence of payment of funds; release of lien letters from contractors andsuppliers; applicant must honor contractual obligations to contractor; hold harmless agreements must be executed; and confirmation that the property is assessed and subject to ad valorem taxation. Certification of completion by the Chief Building Official and/or closed permit reports to sufficiently document the work has been completed in accordance with all applicable codes. Verification that any additional criteria added by contract has been completed as proposed in a satisfactory and professional manner. Certification of completion of grant project by the Project Manager and submission to the Palatka City Finance Director. Issuance of a Certificate of Occupancy, if applicable Proof of applicable and appropriate insurance of the renovated property Upon approval of a grant, the applicant and any affected contractor will be required to sign a Grant Agreement and a Release and Hold Harmless Agreement with the City of Palatka Community Redevelopment Agency, as permitted by the laws of the State of Florida.Grant funds are considered taxable income and recipients have a reporting obligation to the Internal Revenue Service. Applicants are encouraged to consult with a tax professional on the tax implications of receiving an award prior to making an application. Grant funds can only be used towards building improvements and may not be used for administration expenses. Deadline for Questions: March 2, 2024 All questions must be submitted in written to Ms. Baggs at jbaggs@palatka-fl.gov. Questions will be answered in the form of an addendum posted on the City of Palatka online. To obtain additional information please view the City of Palatka at www.palatka-fl.gov or contact Jayde Baggs, Project Manager/Grants Administrator at 386 329 0100or jbaggs@palatka-fl.gov.

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Residential Subdivision

Public - City

Service, Maintenance and Supply

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March 26, 2024

April 26, 2024

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Multiple Locations, Palatka, FL


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