En­hanced her­itage pro­tec­tion con­sid­ered for Galt

Waterloo Region Record - - LOCAL - Record staff

CAM­BRIDGE — New her­itage pro­tec­tions may soon be com­ing to prop­erty own­ers in down­town Galt.

In April, Cam­bridge coun­cil asked city staff to come up with ways the city can help her­itage prop­erty own­ers pre­serve and ren­o­vate their prop­er­ties.

The city’s plan­ning and de­vel­op­ment com­mit­tee ap­proved, sub­ject to bud­get de­lib­er­a­tions, an in­crease in her­itage grants at a meet­ing on Tues­day. The city has been giv­ing out $30,000 in her­itage grants an­nu­ally since 2004 to help prop­erty own­ers re­store her­itage build­ings.

If ap­proved in bud­get de­lib­er­a­tions for 2018, that amount will rise to $50,000 per year. That means the max­i­mum in­di­vid­ual grant will in­crease to $10,000 per prop­erty from $5,000.

The com­mit­tee also ap­proved changes to the city’s build­ing re­vi­tal­iza­tion pro­gram. Staff sug­gested giv­ing new own­ers of build­ings with river frontages ac­cess full avail­able fund­ing re­gard­less of whether the prop­erty has re­ceived fund­ing be­fore.

The pro­gram is an in­ter­est­free loan that matches up to $20,000 in funds re­quired to re­store build­ing frontages in the city’s core ar­eas.

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