CRA-4. - Establish North Beach Commercial Lease Subsidy ...

A RESOLUTION OF THE CHAIRPERSON AND BOARD OF DIRECTORS OF THE NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY (“NORTH BEACH CRA”), ACCEPTING THE RECOMMENDATION OF THE NORTH BEACH CRA ADVISORY COMMITTEE AT ITS JUNE 9, 2026, MEETING, AND APPROVING THE ESTABLISHMENT OF THE NORTH BEACH CRA COMMERCIAL LEASE SUBSIDY PROGRAM, TO PROMOTE COMMERCIAL OCCUPANCY AND INCENTIVIZE PERMITTED BUSINESS ACTIVITIES IN THE NORTH BEACH COMMERCIAL CHARACTER OVERLAY DISTRICT WITHIN THE NORTH BEACH CRA, AND ENDORSING AN APPROPRIATION OF $80,000 AS PART OF THE NORTH BEACH CRA FISCAL YEAR 2027 BUDGET, SUBJECT TO ADOPTION OF THE FINAL BUDGET FOR FY2027.