Kane County Small Cities Grant Program 2010 Grant Applications - PowerPoint PPT Presentation

Kane County Small Cities Grant Program 2010 Grant Applications September 1, 2010 Kane County Economic Development Advisory Board

Summary of 2010 Applications Received • 10 Applications • Total grants requests = $178,312 • Total of all project costs = $412,751

2010 Applications Staff Funding Recommendations August 4, 2010 Applicant Grant Total Staff Funding Request Project Recommendation Cost Campton Hills $10,000 $20,000 $10,000 Plan for Village Center Carpentersville $15,000 $30,000 $15,000 Community Event Sign Geneva $20,000 $62,500 $20,000 Southeast Subarea Plan South Elgin $20,000 $40,000 $20,000 Bridge Enhancement Plan Grand Total $65,000 $152,500 $65,000

Kane County 2010 Small Cities Grant Program Summary of Additional Information Requested and Received

Additional Information Requested • Brief narrative describing the project’s economic impact • Number of jobs directly created • Number of future jobs • Potential for future job growth • Will the project move ahead without this grant?

Applications with Strong Short Term Economic Impacts Applicant Grant Total Will project move Request Project forward without Cost this grant Batavia $20,000 $59,000 No Pedestrian Crossing Carpentersville $15,000 $30,000 No Community Event Sign North Aurora $20,000 $144,626 Yes New Route 31 Sidewalk St. Charles $20,000 $40,000 No Downtown Way Finding Signs Sugar Grove $20,000 $148,767 Yes Division Drive Connection

Applications with Strong Long Term Economic Impacts Applicant Grant Total Will project move Request Project forward without Cost this grant Campton Hills $10,000 $20,000 Not in the near Plan for Village Center future Geneva $20,000 $62,500 No Southeast Subarea Plan South Elgin $20,000 $40,000 No Bridge Enhancement Plan

2010 Applications Staff Funding Recommendations September 1, 2010 Applicant Grant Total Staff Funding Request Project Recommendation Cost Campton Hills $10,000 $20,000 $10,000 Plan for Village Center Carpentersville $15,000 $30,000 $15,000 Community Event Sign Geneva $20,000 $62,500 $20,000 Southeast Subarea Plan South Elgin $20,000 $40,000 $20,000 Bridge Enhancement Plan Grand Total $65,000 $152,500 $65,000