RDA OKs fa
çade improvements for Third Street building owned by Todd
Renz
Earlier this month, Hollister council members voted 2-2 to lend
$30,000 to Todd Renz for improvements to 338 Third St., which is JR
Plumbing Service. Renz had agreed to cover $49,600 for the
upgrades
–work to such areas as signage, painting, landscaping, doors,
lighting, windows and soffit (or overhang work), according to a
city report. Under the RDA program, the city offers to pay $2 for
every $1 spent by the owner, with a maximum of $30,000
allocated.
RDA OKs façade improvements for Third Street building owned by Todd Renz
Earlier this month, Hollister council members voted 2-2 to lend $30,000 to Todd Renz for improvements to 338 Third St., which is JR Plumbing Service. Renz had agreed to cover $49,600 for the upgrades –work to such areas as signage, painting, landscaping, doors, lighting, windows and soffit (or overhang work), according to a city report. Under the RDA program, the city offers to pay $2 for every $1 spent by the owner, with a maximum of $30,000 allocated.
The two dissenting voters on the proposal were Council members Robert Scattini and Ray Friend. They noted their opposition because the contract with Renz calls for the loan to be forgiven completely if the owner keeps the property for at least 10 years. If he transfers it, he owes the $30,000 at an interest rate of 7 percent.
Council members Doug Emerson and Pauline Valdivia favor the measure, while Councilman Victor Gomez was absent at the prior meeting because his wife recently had a baby daughter. Gomez returned to last week’s meeting, and the council approved the allocation.
