(a) Generally. Owners and tenants of commercial and residential buildings located in downtown districts may apply for support from the Program. For purposes of this Article the "downtown districts" shall refer to that area generally bound by Tipple Parkway and Elm, south to 4th Street, west to Main Street, south to 8th street, east to Maple, north to 5th street, east to the farthest boundary of downtown zoning and then north to 4th street, west to Maple, then north to Tipple Parkway, then back to the point of beginning, and as otherwise described in the rules and procedures adopted by the Town.

(b) Applicants. Owners, tenants, or owner/tenant joint ventures may submit applications for Program awards. Tenants must submit written approval of the property owner, evidence of a leasehold interest, and comply with all requirements and standards of the Revolving Loan Committee. (Ord. 1102 §4 (Exh. A), 2012)