Submitted By: Roberto Ellis
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Presentation By: Roberto Ellis
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Department: Growth Management
FORMAL TITLE:
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North Magnolia Community Redevelopment Area Commercial Property Improvement Grant for property located at 903 NE Osceola Avenue, in an amount not to exceed $19,125
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BACKGROUND:
The Community Redevelopment Agency (CRA) North Magnolia Ocala subarea Commercial Building Improvement Grant encourages business owners to make exterior facade improvements. This initiative addresses deterioration trends and adds value to the CRA. Priority 2 of the North Magnolia CRA Plan focuses on identifying potential areas for commercial and residential development and on providing funding for fa?ade enhancements to improve their aesthetic appeal.
The attached grant framework outlines the elements of eligible work. The program framework was revised by City staff and approved by the CRA Board on April 15, 2025, to increase the maximum grant from $10,000 to $20,000. Each property owner can submit one application per fiscal year. The maximum award is $20,000, covering up to 75 percent of the project costs.
Grant Application ID #: CRA25-0025
Applicant: EBL Osceola Ave, LLC / Eddie Lewis
Address: 903 NE Osceola Avenue
Parcel ID: 26100-001-01
Project Description: Exterior repainting of the 21,000-square-foot building.
High Quote: $27,900
Low Quote: $25,500
Recommended Grant Amount: $19,125
FINDINGS AND CONCLUSIONS: City staff processed the application following the established grant program guidelines. The key findings are outlined below.
* The property is currently occupied by two businesses: N & N Office Furniture and the offices of American Fire & Safety Supply Contractors.
* In 2019, the applicant was awarded a Community Redevelopment Agency (CRA) grant to support painting and landscaping improvements at the subject property. The project was completed at a total cost of $12,370, of which $8,868 was reimbursed by the CRA. ?
* According to p...
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