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HomeMy WebLinkAboutResolution - 2020-R0005 - Market Lubbock Inc. Expenditure - Permittable Grant To Auld Brewing - 01/14/2020 Resolution No. 2020-R0005 Item No. 6.9 January 14,2020 RESOLUTION WHEREAS, pursuant to Article IV, Section 5 of the Amended and Restated Bylaws of the Market Lubbock Economic Development Corporation (the "Corporation"), the City Council of the City of Lubbock (the "City Council"), as the Corporation's authorizing unit, has the authority to approve all programs and expenditures of the Corporation; and WHEREAS, the City Council finds that it is in the best interest of the public to approve the program or expenditure, as proposed to the City Council by the Corporation, as set forth in Exhibit"A"attached hereto and incorporated herein by reference; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Downtown Permittable Grant program or expenditure of the Corporation, in the amount set forth in Exhibit "A" attached hereto and incorporated herein by reference, to be provided to Auld Brewing Co., is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on January 14, 2020 DANIEL M. POPE, MAYOR ATTEST: Reb tcca Garza, City Secretly APPROVED AS TO C ENT: Brianna Gerardi, Busi ss De elopment Director APPROVED AS TO FORM: elli Leisure, Assistant City Attorney ccdocs/RES.Market Lubbock DT Expenditure--ALI Id Brewing—Downtown Pennittable Grunt Program 12.20.19 x NYQnAa f U WE Wt. r °h ryr4'c1'k�yx4 ny u r n �kY r x �� x rr xtr .t:' ti �, `{. w ..,� ' it .��0.�t N*r<.g4� 3 x 9W T. siwIT- �n t78r;,l I I j 4 .J > h.Yr�',y�3+1P��+„_��'+,���u S��"'��r 5 I M eta R K E T LUBB*U Downtown Grant Program Presented to MLI Board December 18, 2019 Project 515 Broadway f Facade and Permittable) Auld Brewing Company, owned by Ray and Andrea Auld, is renovating the building at 515 Broadway, located within the Downtown TIF. Ray Auld grew up in Gustine, California. Brewing alongside his good friend,Jerel Steckling, Ray developed a love for IPAs and the art of making beer. Becoming more than just a hobby, Ray was building a dream with each new brew. Moving to Texas in 2008, he continued to re-invent the recipes that family and friends loved to drink.Although raised in New York,Andrea is proud to call herself a Texan. Returning to the Lone Star State years ago, she fell in love with the ambiance of the people and never left.As Ray's wife and business partner, she chose to leave her own career-to manage the business, but credits all the achievements and future success to Ray. "Without his superb beer and innovative thinking, we would just be another-brewery." With their strong commitment to each other, this dynamic team plans great things ahead. The scope of facade work will include installation of a concrete pad in the rear-space, overhead doors replaced with new doors and windows, totaling$7,225 in expenses and the scope of permittable work will include installation of utilities, mechanical, electrical, plumbing, installation of new bathrooms, sealing of concrete floors and new walls totaling$207,583 in expenses. The MLI Board is being asked to consider a Downtown Facade Grant for Auld Brewing Company totaling $3,613 and a Downtown Permittable Grant totaling$20,758 at 515 Broadway. M A R K E T IjUB'D`T`"VCK. Project Profile - Downtown The information requested on this form will be used by Market Lubbock, Inc. for analysis of your project. MLI CONTACT INFORMATION Jorge Quirino- Special Projects Phone: 806.723.8241 Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Email: jorge.quirino@lubbockeda.org *Applications must be received by MLI prior to pulling a City permit or starting construction *Scope of work must be approved by the City of Lubbock (more detail on page 3) Project Property Address 515 Broadway GENERAL INFORMATION ABOUT THE COMPANY Company Name Auld Brewing Company Street Address 1829 Sioux Dr. City, State, Zip Dalhart, TX 79022 Federal Tax ID# GENERAL INFORMATION ABOUT THE COMPANY CONTACT Name Andrea Auld Title Managing Partner Phone Number 806-527-1511 Email aauld a.auldbrewingco.com Date 05/23/18 COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name Percent Andrea Auld 40% Ferrin Felker 10% Raymond Auld 40% Karen Felker 10% Is the firm registered with the Secretary of State's Office to do business in Texas? Yes fr Are you in good standing with the State of Texas? Yes If you answered "No"to either of the above two questions, please explain Is the firm and/or principals delinquent on any federal, state or local tax obligations? No € Has the company or principals of the company had prior bankruptcies or lawsuits? No If you answered "Yes"to either of the above two questions, please explain 1 MLI 7/23/18 INFORMATION ABOUT THE PROJECT Project Name (MLI Use) 515 Broadway Property LCAD R# R11 0028 (Hub City Investment Group, LLC) Property Ownership: Own ❑ Lease 0 If leasing, project owner approved? Yes 0 Grant Type (Check One): Permittable Q Fagade Detailed Project Summary and Description of Work: Remodel of property to convert to brewery tasting room. Project's NAICS Code (North American Industry Classification System) 1722 NAICS Description IFood Service and Drinking Places City Permit Total Amount(if applicable) Summary of Itemized Expenses: Projected MLI Approved Reimbursement (MLI USE) Fagade: $7,225 $3,613 Overheard doors replaced with window and doors Permittable: $207,583 $20,758 Installation of utilities, mechanical, electrical, plumbing Frame two new bathrooms Concrete floor sealed New sheet rock installed TOTAL $214,808 $24,371 Final bids will be used to calculate the project cost and grant amount. 2 MLI 7123118 Scope of work must be approved by the City of Lubbock The link below includes the City documents used to determine compliance: https://www.ci.lubbock.tX.us/departmental-websites/departments/planning/area-redevelopment ■ 1999 Design Standards for Central Business District ■ Central Business District—CB-2 ■ Central Business District—CB-3 ■ Central Business District—CB-4 ■ Central Business District—CB-5 ■ Central Business District—CB-6 ■ Downtown Public Improvements Design Standards The property owner or leasee is responsible for communicating directly with the City of Lubbock to determine if any aspects of the scope of work require permits as well as determining if public improvements will be required. DOCUMENTS FROM THE APPLICANT Required at the time of application: 0 Project Profile (Date Received - 5/23/18) ❑ City Approval Permits ❑ Required ❑ Not Required Public Improvements ❑ Required ❑ Not Required ❑ Detailed & Itemized Construction Bids and/or ❑ Schedule of Values w/Architectural Plans ❑ Before Picture (prior to construction beginning) ❑ Architectural Renderings (if applicable) Required after completion of construction: ❑ Certificate of Occupancy or Similar City Document (Permit) ❑ City Written Verification of Guideline Compliance (Non-Permit) Proof of Payment: ❑ Paid Invoices ❑ Canceled Checks, Bank or Credit Card Statement (Please mark out identifying account numbers) Applicant Signature: Date: 8/16/18 (Original receipt for property 5/23118) 3 MLI 7123/18 515 Broadway— Before Pictures i At-WAI L HER IS i i ' , ,,�,��-. 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CcesC, mtr S-inn:attire: 1't l'[-a �s jL,t�Kj 133. y RE 19-83 RESOLUTION APPROVING AULD BREWING COMPANY DOWNTOWN FACADE & PERMIITTABLE GRANT 515 Broadway THE STATE OF TEXAS COUNTY OF LUBBOCK At a regular meeting of the Board of Directors of MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION, INC., a Texas nonprofit corporation (MLI), on Wednesday, December 18, 2019, held in conformity with the bylaws,after due notice as therein provided, a quorum being present and acting,the following resolution was unanimously adopted: WHEREAS, MLI presented to members of the Board the proposal of possible Economic Development Grants and Contracts to Auld Brewing Company, Managing Partner, Andrea Auld, formerly from New York, who moved to Texas with her husband, Ray,who was from originally from California, to pursue their dream and re-invent recipes that family and friends loved to drink. With their strong commitment to each other and this project, they are remodeling the property at 515 Broadway, located in the Downtown TIF, and will convert to a brewery tasting room. The terms and conditions of such Economic Development Grant and Contract, other than the normal terms and conditions applicable to all such Economic Development Grants and Contracts by the Corporation, are described generally as follows, to wit: Grant for the Auld Brewing Company, a Facade Grant in the amount of$3,613 for the installation of a concrete pad in the rear space, overhead doors replaced with new doors and windows, totaling $7,225 in expenses and a Permittable Grant in the amount of $20,758 which will include installation of utilities, mechanical, electrical, plumbing, installation of new bathrooms, sealing of concrete floors and new walls totaling$207,583 in expenses, once proof of payment has been submitted. WHEREAS, The Board of Directors of MLI finds that the Economic Development Grants and Contracts offering the incentive for providing assistance to renovate the facility, meet and comply with the qualifications and purposes of the Corporation for the granting of such Economic Development Grants and Contracts. Upon Motion by Director, Mr. Chris Carpenter, and Seconded by Director, Dr. John Oppen-nan, IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Auld Brewing Company at 515 Broadway, Lubbock, Texas. This Economic Development Grant and Contract will be on the normal terms and conditions of such Downtown Grant Program and Contract offered by MLI to existing businesses and business prospects and authorize the CEO to enter into and execute all documents related to the Economic Grant and Contract. John Osborne, President & CEO inda Davis, Secretary