The URL can be used to link to this page

Home My WebLink AboutResolution - 2019-R0214 - Market Lubbock Expenditure - Hump Investments (Facade) - 06/11/2019 Resolution No. 2019-RO214 Item No. 6.12 June 11, 2019 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 prograins 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 East Side Facade 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 Hump Investments, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on .lune 11, 2019 DANIEL M. POPE, MAYOR ATTEST: ebec a Garza, City Secre Ey APPROVED AS TO CONTENT: Scott Snider, Business Development Director APPROVED AS TO FORM: r r Kelli Leisure, Assistant City Attorney ecdocs/RES.Market Lubbock ES Eixpenditure- ]-lump Investments 05.28.19 M A R K E T LtMB*CK,. East Side Grant Program June 11, 2019 Total Capital - $72,000 Total Grants - $27,100 • Hump Investments — 1708 E. 4th o Grant Type — Fagade (50% up to $25,000) o Expense Total = $51,000 o Grant Total = $25,000 o Board Approval — May 22, 2019 • Hump Investments — 1708 E. 4th o Grant Type — Permittable (10% up to $50,000) o Expense Total = $21,000 o Grant Total = $2,100 o Board Approval — May 22, 2019 1500 Broadway, 6th Floor, Lubbock, Texas 79401 Phone (806) 749-4500 MARKET LUBBOCK, INC. EAST-SIDE GRANT PROGRAM 1708 E. 4t" (Hump Investments) TOTAL SCOPE OF WORK = $51,000 FAPADE GRANT = $25,000 M A R K E T LUBB11*r"WICK.. East-Side Grant Program Presented to MLI Board May 22, 2019 Project 1708 E.4th (Hump Investments) Facade Hump Investments, led by Mr.Terry Humphrey, is renovating the property at 1708 E. 4111, located within the East Lubbock Neighborhood Empowerment Zone as designated by the City of Lubbock.The scope of work will include a new parking lot and new surface to the fagade wall totaling$51,000 in expenses. The MLI Board is being asked to consider an East-Side Fagade Grant for Hump Investments totaling $25,000 at 1708 E.4th. M A R K E T LUBB(*CK- East-Side Grant Application The information requested on this form will be used by Market Lubbock, Inc. for analysis of yourproject. MLI CONTACT INFORMATION Jorge Quirino-Special Projects Phone: 806.749.4500 Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock,TX 79401 Email: jorge.quidno@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 1 ) -)q4o GENERAL INFORMATION ABOUT THE COMPANY Company Name Street Address (DI t City, State, Zip X Federal Tax ID#V GENERAL INFORMATION ABOUT THE COMPANY CONTACT Name - Title Phone Number Email v , l Date Submitted COMPANY BACKGROUND List any person or entity that has at least 5%ownership in the Applicant Company: Name Percent Name Percent Is the firm registered with the Secretary of State's Office to do business in Texas? Yes f 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 f 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 1/4!19 1 MLI INFORMATION ABOUT THE PROJECT Project Name (MLI Use) Property LCAD R# Property Ownership: Own D Lease Owner Approved i_ Grant Type(Check One): Permittable ❑ Fagade Detailed Project Summary and Description of Work: t1tua Po- ,nS ( D+, No4Y-1 rao �IY-dows, \`kem 6015 Project's NAICS Code(North American Industry Classification System) NAICS Description City Permit Total Amount(if applicable) Summary of Itemized Expenses, Projected MLI Approved Reimbursement MLI USE $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TOTAL $0 1 $0 Final bids will be used to calculate the project cost and grant amount 1/4/19 MLI Scope of work must be approved by the City of Lubbock. 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. CITY CONTACT Director of Business Development Office 808.775.3082 DOCUMENTS REQUIRED FROM THE APPLICANT At the time of application: Application (must be received prior to construction started or permits pulled) Written City Approval of: Permit Needs Public Improvement Needs Detailed/Itemized 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(Permit) City Written Verification of Guideline Compliance (Non-Permit) Proof of Payment: PAID Invoices Processed Checks, Bank or Credit Card Statements matching PAID invoices Applicant Signature: Date: ( 1 1/4/19 3 MLI Daley's Superior Asphalt Manufactudng, Inc. P: (806)7442592/ F:(806)702- 8981 Serving the Texas Panhandle, Permian Basin And Eastern New Mexico Office and Plant 420 E. Lehigh St. Lubbock,Texas 79403 INVOICE DATE: March 7, 2019 Attn: Terry Humphrey Phone: 806-543-8855 Project: MLK-Lubbock Texas Email: terryhumphrey50@gmail.com INVOICE DETAIL • Clean and prep area to begin project • Tack area • Grade area/Base-roll to compaction • Lay Type D HMAC on parking lot • Roll to compaction • Striped area accordingly • Complete cleanup of project area INVOICE TOTAL AMOUNT DUE$29,500.00 Should you have any questions, please feel free to contact me and thank you for your business. Sincerely, Sean Daley 806-7442592 Daley Superior Asphalt Manufacturing, Inc. �K Customer Order Form � Sales Office 127400 Urdct Typo: So SA Emplayee Namc: Sold to: (Customer#1 4056039 Order Date: 31112019 Order#. Customer Name: Terry Humphrey Ship To: 1708 E 4t.h Customer Address: City,State,Zip; Lubbock, TX City,State,Zip: Subdivisons: Contact Person: Customer PO: Contact Phone#-. - 0 Requested Delivery Dale: Name: Robin Cole Construction Code: Ship From: ST SF OP Commission#: 3339169 07 of- Header AttachmentslDlrections: d:d C� Country Ledge Aspen I7lats $3.500 S2.450.00 I $0.00 40 Country Ledge Aspen Goners $6.000 $240.00 40 Ar lerimix White S7.150 $286.00 138 Watertable/Sill S6.000 $828.00 $0.00 $0.00 -- $0.00 _ - $0.00 $0.00 $0.00 $0.00 —. .�. — $0.00 $0.00 - - $0.00 Shipmont Record: $3,804.00 $76.08 $320.11 50.00 $4,2.00.19 --------------- I T i f i .�. 1b7'm � r � `•i I + �r 1 _ r - t RE 19-28 RESOLUTION APPROVING HUMP INVESTMENTS AT 1708 E.4'h STREET FOR A EAST-SIDE GRANT PROGRAM PERMITTABLE & FACADE 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, May 22, 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 a possible Economic Development Grant and Contract to Hump Investments at 1708 E. 4'h Street. 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 Hump Investments a Permittable Grant in the amount of$2,100 for renovations at the building at 1708 E. 4'h Street, which is located in the East Lubbock Neighborhood Empowerment Zone as designed by the City of Lubbock with scope of work including new spray foam on the roof totaling$21,000 in expenses and a Fagade Grant in the amount of$25,000 with scope of work including new parking lot and new surface to the facade wall $51,000 in expenses, once proof of payment has been submitted. WHEREAS, The Board of Directors of MLI finds that an Economic Development Grants and Contracts offering the incentive for providing assistance to renovate their 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. Calvin Davis, and Seconded by Director,Ms. SuzAnn Kirby, IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Hump Investments at 1708 E. 4'h Street, Lubbock, Texas. The Economic Development Grants and Contracts will be on the normal terms and conditions of such East-Side 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. O�L&bt� John Osborne, President &CEO Linda Davis, Secretary