Community improvement plan

What is a Community Improvement Plan (CIP)?

A CIP establishes a framework for the Municipality’s support and implementation of a program to encourage the maintenance and rehabilitation of commercial buildings and their facades as well as associated signage in an identified business district. CIP’s also provide a framework to encourage and support the redevelopment of vacant under-utilized and/or contaminated properties and buildings known as “brownfields”.

 

What are the goals of a CIP?

The Community Improvement Goals are as follows:

  1. To provide incentives for businesses to enhance their building’s presentation to the public;
  2. To improve the storefront signage, designs and paint schemes;
  3. To stimulate community pride;
  4. To encourage the revitalization of vacant underutilized and/or contaminated properties and buildings.

 

What are the potential incentives?

Facade Improvement Loan and Grant Program (see CIP, pages 6-9)

  • Intended to encourage facade improvements in the Facade and Signage Improvement Area
  • Grant: The Municipality matches applicant dollar to dollar up to $3000
  • Loan: The Municipality will loan up to $3000, interest free, payable over 5 years

Note that the grant and loan can be used simultaneously.

 

Signage Improvement Loan and Grant Program (see CIP, pages 9-12)

  • Intended to encourage signage improvements in the Facade and Signage Improvement Area
  • Grant: The Municipality matches applicant dollar to dollar up to $1000 
  • Loan: The Municipality will loan up to $1000, interest free, payable over 5 years

Note that the grant and loan can be used simultaneously.

 

Brownfield’s Program (See CIP, Pages 12-15)

  • To revitalize vacant or under-utilized industrial or commercial property that is abandoned and potentially environmentally contaminated
  • Offers tax incentives for eligible properties including:
    • Municipal Portion of Property Tax Freeze Incentives for up to 3 years
    • Education Portion of Property Tax Assistance

 

Property Tax Increment Equivalent/Freeze Grant Program (See CIP, Pages 16-17)

Under the Property Tax Freeze Program, the Municipality may protect commercial properties from an increased assessed value of the property and therefore increased taxes by exempting the approved applicant from paying the increase in municipal tax for a specified period, that is a direct result from approved improvements to a facade and or/sign. Must be located in the Facade and Signage Improvement Area as identified by the CIP.

 

How can I apply?

  1. Familiarize yourself with the Marmora and Lake Community Improvement Plan
  2. Download and complete the Community Improvement Plan Application
  3. Contact the Economic Development Office at 613-472-1515 or j.bennett@marmoraandlake.ca for assistance or to submit your application.