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Home My WebLink AboutResolution - 2021-R0225 - Downtown Facade Grant, N2 Electrical ContractorsResolution No. 2021-RO225 Item No. 6.18 June 22, 2021 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 Fagade 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 N2 Electrical Contractors, LLC, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on RN ITI o-D IA Frucef Rebec a Garza, City Secre OVED AS TO June 22, 2021 DANIEL M. POPE, MAYOR Brianna Gerardi, Busin §s Development Director APPROVED AS TO FORM: / /I// -, lli Leisure, Assistant City Attorney ccdocs/RES. Market Lubbock DT Facade Expenditure - N2 Electrical 05.27.21 Resolution No. 2021-R0225 RE 21-29 RESOLUTION APPROVING N2 ELECTRICAL CONTRACTORS, LLC 701 BROADWAY DOWNTOWN FACADE & PERMITTABLE GRANT 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 (WI), on Wednesday, May 26, 2021, 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 a possible Economic Development Grant and Contract to N2 Electrical Contractors, LLC, owned by Nick Holloway and Nathan Jeffs for renovations to the property at 701 Broadway located within the downtown TIF. The scope of facade work will include renovating the aluminum -framed entrance of the property totaling $61,920 in expenses and the scope of permittable work will include concrete, metal, plumbing, mechanical and electrical work totaling $1,165,401 in expenses for a grand total of $1,227,321 in expenses. The terms and conditions of such Economic Development Grant and Contract, other than the normal terms and conditions applicable to all such Economic Development Grant and Contracts by the Corporation, are described generally as follows, to wit: Grant N2 Electrical Contractors, LLC, a Downtown Facade Grant of $25,000 and a Downtown Permittable Grant totaling $100,000 for the project at 701 Broadway, which is located within the Downtown TIF, once proof of payment has been submitted. WHEREAS, The Board of Directors of MLI finds that an Economic Development Grant and Contract offering the incentive for providing assistance for renovations to their property, 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, Ms. SuzAnn Kirby and Seconded by Director, Mr. Matt Bumstead. IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with N2 Electrical Contractors, LLC, for improvements to the building at 701 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. i John Osborne, President & CEO Linda Davis, Secretary MARKET LUBBOCK, INC. — DOWNTOWN GRANT PROGRAM 701 Broadway (N2 Electrical Contractors, LLC) TOTAL SCOPE OF WORK = $1,227,321 TOTAL GRANTS = $125,000 FACADE SCOPE OF WORK = $61,920 FACADE GRANT = $25,000 PERMITTABLE SCOPE OF WORK = $1,165,401 PERMITTABLE GRANT = $100,000 M A R K E T 1 1 I �, 1 1 r� Downtown Grant Program Presented to MLI Board May 26, 2021 Project 701 Broadway (FaVade and Permittable) N2 Electrical Contractors, LLC, incorporated in December of 2015, is renovating the property at 701 Broadway, located within the Downtown TIF. N2EC is owned by Nick Holloway and Nathan Jeffs, both seasoned electricians with expertise in commercial electrical contracting. N2EC purchased this downtown property to house their corporate offices. N2EC has current projects in the DFW area as well as Lubbock and surrounding areas! Over the last 3 years, N2EC has seen exponential growth in personnel and projects, currently employing 35 licensed electricians in the Lubbock area and recruiting for more. The scope of fagade work will include renovating the aluminum -framed entrance of the property totaling $61,920 in expense and the scope of permittable work will include concrete, metal, plumbing, mechanical and electrical work totaling $1,165,401 in expenses for a grand total of $1,227,321 in expenses. The MLI Board is being asked to consider a Downtown Fagade Grant for N2 Electrical Contractors, LLC totaling $25,000 and a Downtown Permittable Grant totaling $100,000 at 701 Broadway. LUBB(*CK. Downtown Grant - Application The information requested on this form will be used by Market Lubbock, Inc. for analysis of your project. MLI CONTACT INFORMATION Jorge Quirino - Director of Downtown & Special Project: Phone: 806.749.4500 Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Email: iorgeCcDmarketlubbock :org Date Initial Application Submitted (Due prior to start of construction or permits assigned) 12/10/20 Projected Project Start Date 01/02/21 Project Property Address 1701 Broadwa Property LCAD R# JR111559 Company Name N2 Electrical Contractors, LLC Street Address 5109 82nd Street, PMB 7-298 City, State, Zip Lubbock, Texas 79424 GENERAL INFORMATION ABOUT THE COMPANY CONTACT Name Nathan Jeffs Nick Hollows Title Vice President President Phone Number 806-993-0024 Email Nathan@n2ec.com Nick n2ec.com INFORMATION ABOUT THE PROJECT Property Ownership: Own Grant Type (May choose both if applicable): Permittable 0 uetmea vroject summary zinc Renovations to 701 Broadway Lease ❑ Owner Approved ❑ Fagade 21 start crate) anci Uescription of Work: Summary of Expenses detailed bids attached Projected MLI Approved Reimbursement Fa ade $61,920 $25,000 Permittable $1,165,401 $100,000 TOTALI $1,227,321 $125,000 r►na► iv►as win ve uses to ca►cu►are the project cost ana grant amount. 1 MLI 10.14.20 COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name Percent Nathan Jeffs 51 Nick Holloway 49 Is the firm registered with the Secretary of State's Office to do business in Texas? Yes ir Are you in good standing with the State of Texas? Yes IT you answerea -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 it Has the company or principals of the company had prior bankruptcies or lawsuits? No 1W it you answerea --Yes" to eitner of the above two questions, please explain APPLICANT'S RESPONSIBILITIES (PROPERTY OWNER OR LEASEE) City of Lubbock requirements: City of Lubbock - Planning Department 806-775-2108 Contact the City of Lubbock to determine the following: 21 Does the scope of work meet downtown standards and guidelines? Are permits required for any aspect of the scope of work? ❑ Are public improvements required? ❑ Is there a current Certificate of Occupancy on file for this property? Market Lubbock, Inc. (MLI) requirements: Manager of Downtown & Special Projects (Jorge Quirino) 806-749-4500 Application Packet: ❑ Initial application (page one of this document) must be received by MLI prior to the start of construction and/or before permits are assigned All remaining documents must be received and an application packet presented to the MLI Board no more than three months after the initial application is received by MLI. Date Final Documents Received: ❑ Copies of City permits or City approval ❑ Copy of Current Certificate of Occupancy ❑ Detailed Construction Bids or Schedule of Values ❑ Before Picture (prior to construction beginning) ❑ Architectural Plans (if applicable) ❑ Architectural Renderings (if applicable) After completion of construction: ❑ Certificate of Occupancy or Similar City Document Approving Completion (Applicant responsible for final scope of work matching approved scope) Proof of Payment: ❑ PAID Invoices (must reference the approved project) ❑ Processed Checks, Bank or Credit Card Statements matching PAID invoices (legible copies) MLI 10.14.20 Overview • An Applicant must be a valid Owner or Tenant (Lessee) of the property needing improvements • Properties must fall within the Lubbock Downtown TIF boundaries (Central Business District TIF) • Single -Family residences and duplexes are excluded. • An Applicant is eligible to receive a permittable grant and/or facade grant per property (LCAD R# or Development Lot), per enterprise, per year. Must wait one year from approval to apply again for the same property. (Expenses used in one application cannot be used in another application.) • Applicant is not eligible for grant program funding if delinquent in property taxes according to LCAD records - includes all LCAD properties listed in the applicant's name • MLI disbursements are characterized as "reimbursable grants" - Applicant pays expenses first • Expenses eligible for reimbursement must relate to reasonable costs or expenses. • Receipt of an application is not a guarantee of grant approval. Grant Types Permittable Projects • Improvements require a City of Lubbock permit • Improvements may be made to the exterior and/or interior of the property • Improvements must total a minimum of $10,000 • The permittable grant reimburses 10% of approved expenses up to a $100,000 grant • Permittable scope of work that may be considered: • HVAC • Plumbing • Electrical • Structural • Any other work requring a City of Lubbock permit Fagade Projects • Improvements may or may not require a City of Lubbock permit • Improvements must be made to the exterior of the property facing the most prominent street • Improvements must total a minimum of $1,000 • The facade grant reimburses 50% of approved expenses up to a $25,000 grant • Fagade scope of work that may be considered: • Painting • New windows and doors • Signage • Landscaping • Parking lots • Awnings • Any other work that improves the appearnce of the facade Signature (not required for electronic submittals): Date: MLI 10.14.20 No Ito ff WHO I Loc 701 Broadway Site Area 0 sf O 00 Acres Estimator RE) I I I Owner NEC Schedule 8 mo Ij Arch MAG Subcontract Date 12AW2020 2.00 PM tk#W Rate 0.00% interior 04KTKA b West Tx Abatement Asbestos Abatement West Tx Abatement Design for Abatement CSA ArrJvEng Fees MAG DMSION 2 - SITE (not used) 31VISION 3 - CONCRETE 3300 Demolition of Concrete MCC 33D0 Concrete Reinforcewnent A-1 3300 Concrete Slab Ril-Ins MCC )VISION 4 - MASONRY 4200 Unit Masonry Madrid )VISION 5 -METAL Structural Steel Est Steel Stan Wf struct M.sc Metals MCC O VISION 6 - WOODS 6 PLASTICS 6100 Rough Carpentry MCC 6411 Architectural Cabinets )VISION 7 -THERMAL 3 MOISTURE PROTEC . 7210 Thermal Insulat.9n Wf ham•ng 7540 TPO Rvofi,g Est 7020 Joint Sealants MCC )VISION 8 - DOORS 3 WINDOWS 8141 Flush Wood Doors Est 0411 Alummum-Framed Entrances 8 SF Est "W Overl.ead Door Est 8710 Door Hanfware Wf caws 680v W,rldoWs Est OMSION 9 - FINISHES 9=1 NonSuiactural Metal Framing Est 9290 Gypsum Board wf ham mg 930D Sheet Flooring Est 9511 Acoustical Panel Ce.Img Est 9651 Resalent Base S Accessories Est MI Tile Carpeting Est 9912 Interior Panting Reeap201203 NEC Offce Renovations B d Sheet WBS Es! /111.%_9,DAlV 60.680 00 44.770 00 11.250 00 12.000 00 2.500.00 750.00 2.25000 3 000 00 12 500 00 50.000 00 Wf struct 5.30000 1,200.00 6 385 00 54 825 00 3.500 00 3 300 00 22,000.00 01 02000 5.50000 22 500 00 33.592 00 980000 5.58400 10 500 00 1800000 1 500 DO 1 000 00 31 950 00 50 201 00 1of3 2.40000 1.00000 3.500.00 I.ODO.00 5.500 00 90.130 DD 5.30 7.83% 30 0 00 0 00 0.00% SO 80,680 00 128 4 94% $O 44.770 00 3 89 3 66% s0 11.250 00 098 0.92% s0 12.000 GO 1.04 0 98% s0 000 000 0.00% s0 0 00 000 0 00% s0 000 000 0 00% s0 000 000 0.0" so 4.900 00 043 0.410% EO 75000 007 006,16 s0 3SW00 033 031% s0 0 00 000 0.00% s0 0 00 0 00 0 00% EO 3.DDD.00 026 0.24% s0 000 DOD 0 0011. $O 000 000 O.OD% s0 82.500 00 543 5.09% so 000 000 0.00% s0 8.S00 00 077 0.72% so 000 0 00 0_0D% so 0 00 0 00 0 00% SO 2.8DD 00 0 24 D 23 4 SO 0.38500 056 0.52% 80 000 000 0.00% EO 000 000 D.9D% 50 000 000 0.00% EO 5482500 475 4.45% s0 900000 078 0 73% s0 0 00 o Oo 0.00% so 0 00 0 00 0.00% s0 25.300 00 220 2 06% $0 61,92000 5.39 5.05% s0 S.50D 00 048 0 45% EO 000 000 0 (10% EO 2250000 1.98 1.93% so 000 000 0.001/6 so 000 000 0.0" so 33,592 DD 292 2 74% so 000 000 0 OD% s0 1436400 125 1 t7% SO 28-SM 00 2.49 2 32% s0 2 5W 00 022 0.20% s0 31 Q50 00 279 2 CWX. $O 50.201 00 437 4 09% s0 Yrol. NtC: t./T'10e Kenovat mM B Wig, Area. 11.500 sr Loc 701 Broadway She Area 0 sr O 00 Acres Estimator. RD Ovmer NEC Schedule: O mo Arch MAG Subcontract Date 12f 19/2020 2.00 PM R-4 Rye. n nnx 12. 102020 321 PM DIVISION 10-SPECIALTIES 0 OD DOD _ 000 000 Dom 000% 30 10290 Toilet Accessories Est HCC I.000 00 WOOD 1.800.00 0.16 O 15*4 s0 10441 Fire Extngu,sher Cabinets Est HCC 1,50000 600 00 2.10000 Die O 17% EO 1 DOW Knox Box Knox HCC 47500 40000 87500 0.08 0.07% s0 Goo 0 00 0 001% s0 DIVISION 11 - EQUIPMENT (not used) 000 O 00 0 ocr% EO DIVISION 12 - FURNISHINGS 000 000 0.00 0 00 0 cox 0 00% 10 s0 12365 Simulated Stone Countertops Est 2 470 00 2.47000 021 0 20% s0 000 0 00 0 OD% SO DIVISION 13 - SPECIAL CONSTRUCTION 000 0 00 0 00% 10 139DD Fire Suppression Est 55 200 00 3.50000 58.700 00 510 4 78% SO 000 000 O OOth 30 DIVISION 22 -PLUMBING 000 0 00 0 00% 30 15400 Plumbing JNL 8000000 80.00D.00 8 96 6 52% s0 1'5630 Hangers and Supports wf plumb 000 0 00 0 00% s0 ISOD4 ID For ptp•ng and equ pment vd plumb 000 0 00 0.00% s0 15640 Piping Ineufation wf plumb 0 OD 000 0 004E EO m 150W Doesbe Water PI wf 0 OD 0 00 0 00 ti EO 15901 Fac:hty Natural Gas Ping wf pplumb 0 OD 000 0 DO% EO 159M Sanitary Waste wf plumb 0 00 000 0 00% EO 15980 Plumbing Fixtures wf plumb 000 000 O OOYL 80 0 OD 000 0.00% EO DIVISION 23 - MECHANICAL 0 OD 000 O 00% 80 15010 Genera usctwwa Requvements JNL 75 000 00 75.0O0 00 652 0 1 1 % s0 15020 Testing and Balancing wf meth 000 000 0 DD% s0 15080 Duet insulation wf meth 000 000 O OD% s0 15210 HVAC P,Ixng Insutaton W meth 000 000 O DO% so 15220 Condensate Drams wf meth 000 000 0 0^ s0 23510 Refrigerant Piping wr meth 000 000 0 00% s0 23512 Metal Ducts and Accessories wf meth 000 000 O 00% s0 23522 HVAC Power Ventlators wf meth 000 000 O 00% s0 23741 Package Rooftop Unit wf meth 000 000 0 00% s0 OMSION 26 - ELECTRICAL NEC 128.000 00 000 128,DOD 00 0 00 11 13 O DO% 10.43% SO 30 26110 General Provisions for Electrical Ulf of ct 000 000 0.00% s0 10050 Grounding and Bonding wf effect 000 000 0 00'% EO 18070 Elect Hangers and Supports vd elect 000 000 0.00% so 16130 Raceways and Boxes wf elect 0 00 0 00 0.00% s0 16131 Cabmers and Enclosures w! elect 000 000 0.00% SO 10140 L ^ng Control Devices wf elect 000 0.00 0.001% so to 150 wining Connections wr elect Goo 000 0 00% so 10210 Electir" tlttllty, Services wf sect 0 OD 000 0.00% EO 16323 Panelboards W1 elect 000 000 0 00x EO 18510 LED Inferior Lighting wf elect 000 000 00" s0 Recap201203 NEC Office Renovations 8 d Suet 2 of 3 12110=20 321 PM Proj NEC Office Renovations Bldg. Area 11,5D0 sf Loc 701 Broadway Site Area 0 sf 0 00 Acres Es4mator R❑ Owner NEC Schedule: 8 mo Arch MAG SutxanV=t Date: 12/19/2020 2:00 PM Bond Rate O.OD% Code Desc" on SubcontractovVendor Subs Matrs Labor Total SISf %Job Sub Bond 10900 Fire Alarm wf elect O.OD 0.00 O.DD% $O 0-00 0.00 0.W% $0 Cont ngency Allowance 5000000 50,0DO-00 4.35 4.07% $O 0.00 0.00 0.00% 50 O-OD 0-00 0.001% $O ee o —> % General Cond twos 7.83% Percent Cost- 078 0,14 0.08 pprox Cost Breakdown MISC) LAB BURDEN 0-30 0-30 .14 1 Bktrs Risk $3.855 Sales Tax 00828 87.180.80 7.88 7. 10% Site $128,700 $11-19 Gen Liab STM Sub Total 1.188.547.80 101.81 9521% OPL $O B.RJG LJOPL 11.M8.82 1.01 1 0 94% ,Buiid-ng $1.098.02, $95.53 P&P80'd $D Fee 004 47,204.88 4.10 L 385% Facade $61,920 s r Duna I i ime AalusDeay VIM Grand Total S1,227,321.08 Annual Bond For This Job 15.773 Permittable $1,165,401 UP TOS100.000 30.683 5100K TO 350D K 19,410 5500K TO $2.5 MIL 15.773 52-5 MIL TO S5 MI L !8.955 Total $1,227 321 $5MILTO37.5MIL 20,941 OVER $7.5 MIL 23.978 Recap201203 NEC (ffce Rerouations B:d Sheet 3 of 3 1211 12020 321 PM Full Set of Plans (16 pages) CAMPUS IMPROVEMENTS PHASE 1 - N2EC CORPORATE OFFICE 701 BROADWAY HENTHORN CONSTRUCTION iII AV(. IaAEfY.IE T% iE.01 IEOEINhI[�I CON AC NNFIT OAHlON JO ENGINEERING, LLP 'mat m A09E'REET (24 6]•i]M mNTAf' wrrw. ao]ouw v,E, 11 i' 1 1 01 1 t O to I I Qi LAHC yF('.LLL FIwN 03 e 1 1 O 1 I Z to 1 MW'- 0 BUILDING STATISTICS INDE%TO DRAWINGS •r, to �EVR m.,.�nwA a ✓<H ]. r r _ a•rron.ccao ...�i.r wa1wL�.IUMw ,u�ntLL tr..tiw urp'.] tiwt rMFIA 1m ��.a�^w. M •w.v rw ra y• ]nr IFM.— �:: ARCHITECT OWNER ALBERT R. MOFFITT, AAA. N2 ELECTRICAL CONTRACTORS YAO modnCEE. RLC 011 Pq H10 w, lORTN, 1%T0]E] I E]E ELI,Mfb f.ONTACT AtO'Ni NOE•1*T AJA I� 1 IAROE ECALE RAN O • SEGO.O ROOK RAH - •� I i i ..l�� wo �� "L%wbOONT,A— Ni i l.m[YIL T6JUf qIN ' flCEi WfY]. CLNIALI qQf l.p,l0.\Av ! y 1111(:I�II�11ml -01 To 1 w iB F RST ROOK RAN �41� LS! S.l9 d ppp[O Zn Y y<YI T A. 5 Y 411E MIE SHEET G1 SECTION ,,. C] ... , KPM oa s�cnoN U sil. FOR _ OETu� CS DETAS a DETAIL 07 0 W C.1 W Q Q x to aae s L m .I C V n W N w 32.1 rr CITY OF LUBBOCK UibboCkCity of DEMOLITION COMMERCIAL BUILDING TEXAS Wednesday, February 10, 2021 7:45AM Page I of 2 Date Entered Date Expires Permit Type/Number 10-Feb-2021 09-Aug-2021 COMM-114418-2021 Parcel PIN: 41358 Address: 701 BROADWAY Zip: 79401 Units: Subdivision: ORIGINAL TOWN LUBBOCK Legal Detail: ORIG T LUBBOCK BLK 136 L 16-17 Zone Type of Construction Occupancy Proposed Development Project Number MIN. FINISHED FLOOR ELEV. Not Determined PER TABLE 403.1. 7.3, 2009 IRC AMENDMENTS. FLOOD PLAIN? ORIG T LUBBOCK BLK 136 L 16-17 0.00 S DESCRIPTION: COMMENTS: COMMENTS: DESCRIPTION: CORRECTIVEACTION: COMMENTS: RECOMMENDATION: TO REQUEST INSPECTIONS CALL (806)775-3159 OR (806)775-3174 FOR BUILDING INSPECTION AND (806)775-2589 FOR WATER UTILITIES. Valuation Square Footage C of 0 Required $0.00 0.00 NO ®rrr City of CITY OF LUBBOCK Lubbock DEMOLITION COMMERCIAL BUILDING TEXAS Wednesday, February 10, 2021 7:45AM page 2 of Date Entered Date Expires Permit Type/Number Project Number 10-Feb-2021 09-Aug-2021 COMM-114418-2021 Professional HENTHORN COMMERCIAL CONSTRUCTION COMPANY, 806-687-3084 INC. 806-470-6169 HENTHORN, MIKE 2011 AVE C LUBBOCK, TX 79404 State License: ACTIVE Professional License: Required Inspections Demolition Final Notice/Signature J J I hereby certify that the above statements are true facts concerning the construction of the building or other work for which this application is made. I also understand that the issuance of this permit does not relieve the permit holder from the responsibility of complying with all applicable City of Lubbock regulations, codes and ordinances and that failure to comply may subject the permit holder to criminal and/or civil liability. Issuance of this city permit does not insure compliance with state or federal regulations, rules or laws. I understand that it is the responsibility of the permit holder or his agents to meet applicable state and federal requirements. These requirements may include, but are not limited to, those imposed by the Americans with Disabilities Act, the U. S. Environmental Protection Agency, the Texas Architectural Barriers Act, the Texas Department of Licensing and Regulation, the Texas Department of Health and the Texas Commission of Environmental Quality. This list is not all-inclusive and other federal or state requirements may be applicable. Customer Signature:_ Permit Issued By: 172984