The business or owner must be located within the boundaries of the Seymour Main Street District.Program Criteriaīusinesses or property owners interested in applying for a grant must meet the following criteria: A mortgage shall not be required if applicant has only a leasehold interest in the benefited property.
#Tutorial facade signage full
Pending forgiveness of the entire grant or, pending full repayment of the grant, the grant shall be secured by a mortgage upon the benefited premises given by the owner in favor of Main Street at the time of grant approval, which shall be subject to foreclosure upon default in making a required payment. If no notice of repayment, as above described, is given to the applicant within the 24-month period after project completion, then the grant shall be deemed forgiven. Seymour Main Street shall give written notice to the applicant upon determination that one of the forgoing events has occurred, in which case repayment shall be made to the City in 12 equal monthly installments of principal only beginning on the 1st of the month next following the date of the notice and continuing on the 1st day of each month thereafter until repaid in full.įor repayment triggered by reasons set forth in subparagraph C above, the full amount of the grant shall be repaid to the City. Seymour Main Street becomes aware that the applicant made false or misleading statements in the application which were material in making the grant or The business located in the benefited property ceases operation orĬ. The benefited property is sold or otherwise conveyed by the owner to another individual or entity orī. Main Street’s grant funds must be repaid in an amount and manner described below if any of the following events occurs during the 24-month period immediately following completion of the approved project:Ī. Click here to view the Approved Color Palette Document
Approved applicants must use the approved color palette. Loan funds would qualify as matching funds if the applicant is determined eligible.Īpproved Color Palette: Seymour Main Street has established an approved color palette for businesses/individuals in the awning and façade and signage program. The grant is available to downtown commercial property owners or commercial tenants.Īlley Way: The program will provide a matching grant for projects up to $10,000 ($5,000 grant). The signage grant can be used in conjunction with the Façade and Awning grant program. Signs purchased as a part of this program will be required to be placed parallel to the front of building. Electronics signs are not eligible as part of the grant or loan program.
Grant is available to downtown commercial property owners or commercial tenants. Signage Grant: Like the awning grant, funds will be available for 50% of cost or a maximum of $500, whichever is less. The grant is available to downtown commercial property owners or commercial tenants. The awning grant can be used in conjunction with the Façade grant program. Loan funds would qualify as matching funds if the applicant is determined eligible.Īwning Grant: The grant will provide 50% of cost or a maximum of $1,000 whichever is less. Grants Available:įacade Grant: The program will provide a matching grant for projects up to $10,000 ($5,000 grant).
Restoration of individual façade, awning purchases, and new signage improves the visual appearance of the entire downtown, which is critical both to the success of individual businesses and to the economic health and vitality of the district and Greater Seymour as a whole. The incentive grants are funded through a grant from the City of Seymour Redevelopment Commission and administered by Seymour Main Street and the Community Foundation of Jackson County. The purpose of the Seymour Main Street Façade, Awning and Signage Grant Program is to provide financial incentive grants to building owners or commercial tenants located within the Seymour Main Street District.