HomeMy WebLinkAboutResolution - 2022-R0226 - Downtown Grant Permittable to Paper Cut LLC at 1211 Ave FResolution No. 2022-R0226
Item No. 7.20
May 10, 2022
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 Paper Cut, LLC is hereby approved pursuant to Section 5 of the Amended and
Restated Bylaws of the Corporation.
Passed by the City Council on May 10, 2022
L.- 4� <
DANIEL M. POPE, MAYOR
ATTEST:
Reb ca Garza, City Secret
APPROVED AS TO C N ENT:
Brianna Gerardi, Busin s evelopment Director
APPROVED AS TO FORM:
Assistant City Attorney
ccdocs/RES. Market Lubbock DT Permittable Grant — Paper Cut
4.25.22
Resolution No. 2022-RO226
RE 22-27
RESOLUTION APPROVING PAPER CUT, L.L.C.
AT 1211 AVENUE F
DOWNTOWN 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 (MLI), on Wednesday, April 27, 2022, 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 Paper Cut, LLC, which served as an office for Caprock Printing and Form, started by the
Hester family, for decades. Aside from remodel work in 1974, not much has changed over the past 40 to 50 years.
Due to history of the buildings that make up this property, part of Pater Cut's goal has been to preserve and pay
homage to the story of this building. Being the original home office for Caprock, they felt it fitting to renovate it as
a modern, industrial office building, which used modern style and finishes, while uncovering and showcasing some
of the old character of the building. Great Palins Rentals, a rapidly growing equipment rental company headquartered
here in Lubbock, will move in upon completion of the renovation. The property at 1211 Avenue F is located within
the downtown TIF.
The scope of the permittable work will include a new roof, new parking lot, HVAC, plumbing, framing,
electrical, doors and windows totaling $253,300 in permittable 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 Paper Cut, L.L.C. a Downtown Permittable Grant totaling $25,330 for the project at 1211 Avenue F,
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, Mr. James Conwright and Seconded by Director, Mr. Walter Cathey.
IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and
Contract with Paper Cut, L.L.C., for improvements to the property at 1211 Avenue F, 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 NMI 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
Linda Davis, Secretary
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Downtown Grant Program
Presented to MLI Board
April 27, 2022
Project 1211 Ave F (Permittable)
Paper Cut, L.L.C. is making improvements to their property at 1211 Ave F, located in the Downtown TIF.
Paper Cut, L.L.C. includes George Hardberger and Theresa Atiee. George is no stranger to the downtown
revitalization effort. He has renovated multiple properties downtown, including his own home in The
Deport District.
The property at 1211 Ave F served as an office for Caprock Printing and Forms, started by the Hester
family, for decades. Aside from some remodel work in 1974, not much has changed over the past 40-50
years. Due to the long history of the buildings that make up this property, part of Paper Cut's goal has
been to preserve and pay homage to the story of this building. Being the original home office for Caprock,
they felt it fitting to renovate it as a modern, industrial office building, that used modern style and
finishes, while uncovering and showcasing some of the old character of the building. Great Plains Rentals,
a rapidly growing equipment rental company headquartered here in Lubbock, will move in upon
completion of the renovation.
The scope of permittable work will include a new roof, new parking lot, HVAC, plumbing, framing,
electrical, doors and windows totaling $253,300 in permittable expenses.
The MLI Board is being asked to consider a Downtown Permittable Grant for Paper Cut, L.L.C. totaling
$25,330 at 1211 Ave F.
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: iorge(omarketlubbock.org
Date Initial Application Submitted (Due prior to start of construction or permits assigned) 07/26/21
Projected Project Start Date
Project Property Address
Property LCAD R#
GENERAL INFORMATION
03/01 /22
1211 Ave. F
R1 11722, R1 11742, and R111768
Company Name Paper Cut, L.L.C. Contact George Hardber er
Street Address 1602 Texas Ave. Title
City, State, Zip Lubbock, TX 79401 Phone 806-548-1451
Emailghardberge[@_gmaii.com
INFORMATION ABOUT THE PROJECT
Property Ownership: Own Q Lease ❑ Grant Type: Permittable ❑ Fagade ❑
Project Summary Scope
Renovate office building and repave parking lot.
Summary of Expenses (detailed bids attached)
Projected
MLI Approved
Permittable
$253,300
$25,330
TOTALI
$253,300
$26,330
Final bids will be used to calculate the project cost and grant amount.
COMPANY BACKGROUND
List any person or entity that has at least 5% ownership in the Applicant Company:
Name Percent Name
Is the firm registered with the Secretary of State's Office to do business in Texas? Yes I:
Are you in good standing with the State of Texas? Yes 1W
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
Percent
MLI 3.8.21
APPLICANT'S CHECKLIST:
Initial application received by MLI prior to the start of construction and/or before permits are assigned E]
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.
Contact Brianna Gerardi, City Director of Development bgerardi@mylubbock.us , to determine:
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?
❑
Documents Required for Final Grant Application
Copies of City permits, if applicable
❑
Detailed/Itemized Bids
❑
Before Pictures
❑
Copy of building's current certificate of occupancy (request at
❑
orr@mylubbock.us)
Architectural Renderings (if applicable)
❑
Architectural Plans (if applicable)
❑
After Completion of Construction
Certificate of Occupancy or Similar City Document Approving El
(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)
Signature (not required for electronic submittals): George Hardberger per email
Date: 26-Jul-21
2 MLI 3.8.21
No Text
1211 Ave F - Permittable
Scope of Work - Various Sub -Contractors
(Self -General Contracting by Applicant)
Scope
Contractor
Description
Cost
Asbestos Survey
Allen Enviro
Asbestos survey
$1,500
Architect
BH Drafting
engineering plans
$5,500
Architecture
Roof West Texas
West TX Roofing
All new roof, demo old roof, new
$43,000
Room
insulation, new TPO roof, wall caps
Demo
Sherwood
Demo
$9,450
Exterior paint
Sherwood
New paint on exterior of building
$10,000
Exterior metal
Sherwood
Architectural metal screen structure SW
$15,000
corner of building
Parking lot
Mesker
Cover parking lot with new asphlat and
$50,000
coating, striping
Floors
Concrete
Refinish concrete floors in entire
$13,000
Innovations
building
HVAC
Red E
2 new 5 ton HVAC units, new ducting,
$22,000
returns, supply boots
All new electric throughout building,
Electric
Voltec
new panel, plugs, switches, boxes,
$17,000
puck lights
Framing/drywall
Sansom Const
Metal framing interior office walls and
$25,000
celings in offices for privacy + sheetrock
Paint
George Duque
New interior tape, bed, texture, two
$15,000
color paint
Windows ext.
Glassops
4—44"x66" new exterior commerical
$4,700
grade windows
Commercial glass walls in conference
Office Glass
Glassops
room -1 84"x108" with door, 1 84"x108"
$5,500
without
Fixtures - lighting
Collect
12 - Hallway hanging fixtures, 3 -
$5,000
conference/reception/entry fixtures
Bathrooms - the
Sherwood
White tile 4' high - material and install
$3,500
Bathroom fixtures
Sherwood
New plumbing stops, 2 toilets, 2 sinks +
$4,000
fixtures, tankless water heater
Brick/block
Brick Lyfe
Filling old windows with block brick,
$4,150
repointing interior side of exterior walls
TOTALI
$253,300
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