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HomeMy WebLinkAboutResolution - 2019-R0213 - Market Lubbock Expenditure - Hump Investments (Permittable) - 06/11/2019 Resolution No. 2019-R0213 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 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 East Side 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 Hump Investments, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on June 11. 2019 _j DANIEL M. POPE, YOR ATTEST: Reb ca Garza, City Secr tary APPROVED AS TO CONTENT: V"t Scott Snider, Business Development Director APPROVED AS TO FORM: elli Leisure, Assistant City Attorney ccdocs/RES.Market Lubbock ES Expenditure—Hump Investments--Permittable 05.28.19 M A R K E T LUBBOCK,. East Side Grant Program June 11, 2019 Total Capital - $72,000 Total Grants - $27,100 • Hump Investments — 1708 E. 4th o Grant Type — Fapade (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 = $21,000 PERMITTABLE GRANT = $2,100 M A R K E T LUBB*CK- East-Side Grant Program Presented to MLI Board May 22, 2019 Project 1708 E.4th (Hump Investments) Permittable Hump Investments, led by Mr.Terry Humphrey, is renovating the property at 1708 E. 401, located within the East Lubbock Neighborhood Empowerment Zone as designated by the City of Lubbock.The scope of work will include new spray foam on the roof totaling$21,000 in expenses. The MLI Board is being asked to consider an East-Side Permittable Grant for Hump Investments totaling $2,100 at 1708 E.4th. M A R K E T . LUBBOCK- East-Side Grant Application The information requested on this form will be used by Market Lubbock, Inc.for analysis of your project. MLI CONTACT INFORMATION Jorge Quirino-Special Projects Phone: 806.749.4500 Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock,TX 79401 Email: jorge.quir no@lubbockeda.org *Applications must be received by MLI prior to pulling a City permit or starting construction *Scope of work must be approved by the City of Lubbock(more detail on page 3) Project Property Address ti '1q40 GENERAL INFORMATION ABOUT THE COMPANY Company Name Street Address 1 b t t City, State,Zip Tk 1 Federal Tax ID# GENERAL INFORMATION ABOUT THE COMPANY CONTACT Name Title Phone Number --girps Email o Date Submitted COMPANY BACKGROUND List any person or entity that has at least 5%ownership in the Applicant Company: Name Percent Name Percent Is the firm registered with the Secretary of State's Office to do business in Texas? Yes .. Are you in good standing with the State of Texas? Yes If you answered"No"to either of the above two questions, please explain Is the firm and/or principals delinquent on any federal, state or local tax obligations? No f Has the company or principals of the company had prior bankruptcies or lawsuits? No If you answered "Yes"to either of the above two questions, please explain 1/4119 1 MLI INFORMATION ABOUT THE PROJECT Project Name (MLI Use) Property LCAD R# D Property Ownership: Own [ ;' Lease J. Owner Approved 1 a Grant Type (Check One): Permittable Facade I -i Detailed Project Summa and Description o`f Work: 1 h!tLu poo-K)n S LD- YQIVv4ln 1,JC_Lo y-,OP w-tt.) WIndmoS, 1tfem doo,$ 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 $0 Final bids will be used to calculate the project cost and grant amount. 1/4)19 2 PVI L I 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 806.775.3082 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: 114119 3 MLI Intemational Foam Tech 9909 Highway 87 Gale Invoice# Lubbock, TX 79423 4/2/2019 A-JAI59 West Texas: 806441-4636 _0 440 Bill To Terry Humphrey 1708 E Broadway Lubbock,TX Project P.O.No. Terms Due on receipt Quantity Description Rate Amount 1 JOB SITE: 1708 E 4111 ST,LUBBOCK,TX 21,000.00 21,000.00 NEW SPF ROOF SYSTEM OVER EXISTING MODIFIED ROOF SYSTEM, CONSISTING OF CLEAN AND PRIME ROOF,AND APPLY 1-1.5"OF POLYURETHANE FOAM WITH A WHITE ELASTOMERIC ACRYLIC COATING. APPLY GUTTER ALONG BACKSIDE OF BUILDING FOR PROPER DRAINAGE. ALL NECESSARY PREPARATION AND CLEAN UP 10 YEAR WARRANTY Sales Tax 8.25% 0.00 Total $21.000.00 E-mail Web Site foamtechtx©yahoo.cam foamtech.com Ax Mme,. `l1 `"��`�:�:mss.• - r ,A w �r P ac .z Wl V yl ~ - kooCITY OF LUBBOCK 0 City of Lubbock REPLACEMENT ROOF COMMERCIAL BUILDING TEXAS Friday,May 10,2019 1:52PM Page I of 2 Date Entered Date Expires Permit Tyne/Number PM ect Number 30-Apr-2019 28-Oct-2019 COMM-073435-2019 Parcel PIN: 32414 Address: 1708 E 4TH ST Zip: 79403 Units: Subdivision: MACKENZIE TERRACE Legal Detail: MACKENZIE TERR TR D L 3 Zone Type of Construction Occupancy Proposed Development MIN.FINISHED FLOOR ELEV,Not Determined PER TABLE 403.1.7.3,2009 IRC AMENDMENTS. FLOOD PLAIN? MACKENZIE TERR TR D L 3 0.00 SQ.FT. I 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 4400 Ci of CITY OF LUBBOCK Lu b ('k REPLACEMENT ROOF COMMERCIAL BUILDING TEXAS Friday,May 10,2019 I:52PM Page 2 of 2 Date Entered Date Expires Permit Tvue/Number Project Number 30-Apr-2019 28-Oct-2019 COMM-073435-2019 Professional FOAM TECH MENALDI,ADAM State License: ACTIVE Professional License: Required Inspections Roof Final Notice/Signature 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: Awa. C-7rcs Permit Issued By: 170303 RE 19-28 RESOLUTION APPROVING HUMP INVESTMENTS AT 1708 E. 4'h STREET FOR A EAST-SIDE GRANT PROGRAM PERMITTABLE & FAI;ADE 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, 20I9, 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. 0h 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 fagade 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. 06,cwet� John Osborne, President & CEO Linda Davis, Secretary