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Show Sun Advocate Lifestyle City looks By LYNNDA Staff writer at downtown Price citys redevelopment agency still has monies avail- able to help subsidize property improvements within the loc- al districts boundaries. But in order to qualify for the funds, interested busines- ses must first submit applica- tions detailing proposed pro- jects. The applications should cost estimates on com- - revenue source, The contact person is Vem grant redevelop- ment monies on property Jones, the citys administra tive assistant. The redevelopment dis- tricts tax increment is calcu- lated on actual property value increases, Jones explained during a joint meeting with city officials and the Price Downtown Association last Thursday. Since annual tax pleting the property increment payments consti- - improvements. Price officials will then future review the applications and prioritize the proposals sub- mitted by businesses within the redevelopment district, JOHNSON 6a Tuesday, August 24, 1993 tute the agencys primary increases in property values will play a key role in the city s decision to improvement projects. Participation in Price citys redevelopment program is not retroactive, Jones stressed. In order to meet the eligibility requirements and receive redevelopment funding, own-inclu- de ers andor tenants must obtain the agencys approval prior to proceeding with prop- erty improvement projects. Photos by Scott Niendorf Ornate columns on the Office Equipment building tell of past grandeur. Downtown storefronts show wonderful poten tial for restoration. 'll L AT Gargoyles grimace from the top story of the Office Equipment building. The skyline along north Main looks like a page from any city years ago. - Trs; A f' I Jllji v : ) I, h ,5 : .jr 'ws r 1 'T - i & Hit 4 I |