HomeMy WebLinkAboutResolution - 2017-R0281 - Market Lubbock Inc. Expenditure - RAW Oil & Gas - 08_10_2017Resolution No. 2017-RO281
Item No. 6.26
August 10, 2017
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 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 RAW Oil &
Gas, Inc., is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of
the Corporation.
Passed by the City Council on August 10, 2017
ATTEST:
DANIEL M. POPE, MAYOR
Reb t
ca Garza, City Sec eta `t�
APPROVED AS TO CONTENT:
W. Ja ett Atkinson, City Manager
APPROVED AS TO FORM:
City
ccd cs/RES. M rket Lubbock Expenditure — RAW Oil & Gas, Inc. — Downtown Fapade and Streetscape Grant
July 2l) l
Market Lubbock, Inc.
Downtown Grant Program
July 26, 2017
• Germblast — 1414 Ave J
o Grant Type — Farade (50% up to $25,000)
o Expense Total - $61,558
o Grant Total - $25,000
o Committee Approval — July 12, 2017
• RAW Oil —1415 Buddy Holly Ave
o Grant Type — Permittable (10% up to $100,000)
o Expense Total - $266, 558
o Grant Total - $26,656
o Committee Approval — July 12, 2017
1500 Broadway, 61' Floor, Lubbock, Texas 79401 Phone (806) 749-4500
1415 Buddy Holly Ave, RAW Oil
The information requested on this form will be used by Market Lubbock, Inc. for analysis of your project.
MLI CONTACT INFORMATION
Jorge Quirino Phone: 806.723.8241
Special Projects
Market Lubbock, Inc. Email: jorge.quirino@lubbockeda.org
1500 Broadway, Sixth Floor
Lubbock, TX 79401
'Applications must be received by MLI prior to pulling a City permit or starting construction
'Scope of work must first be approved by the City of Lubbock (more detail on page 3)
Project Name (MLI Use) 11415 Buddy Holly Ave - RAW Oil
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Company Name
Street Address
City, State, Zip
Company Website
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RAW Oil & Gas, Inc
1415 Buddy Holly Ave.
Lubbock, Texas 79401
GENERAL INFORMATION ABOUT THE COMPANY CONTACT
Name LJoe. Hardin
Titledent
Phone Number 71-7766
Email ner raw -en r net
Date 05/25/17
COMPANY BACKGROUND
Is the firm registered with the Secretary of State's Office to do business in Texas? Yes 6-
Are you in good standing with the State of Texas?
If you answered "No" to either of the above two questions, please explain
Yes
Is the firm and/or principals delinquent on any federal, state or local tax obligations? No fr
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 7/11/2017
INFORMATION ABOUT THE PROJECT
Project Property Address 11415 Buddy Holly, Lubbock.TX 79401
LCAD RWs (MLI Use)
Grant Type (Check One):
Permittable
Fagade ❑
uetaneo i-ro ect -jUMmary and uescrr tion of NVorK:
Plans are to remodel the upstairs (5832 ft2) and build out 2841 ft2 of lower floor Tenant will move in 19
employees. Build out and remodel, Tenant will occupy 8673 square feet Tenant is Robert Wilsom, Chapter 13
Bankrupty Trustee,
Project's NAICS Code (North American Industry Classification System) 424720
NAICS Description JPetroleum and Petroleum Products Merchant Wholesalers
City Permit Total Amount (if applicable)
Summary of Itemized Expenses:
Projected
MLI Approved Reimbursement
MLI USE
Concrete
$800
Masonry
$7,440
Wood & Plastics
$8,000
Thermal & Moisture Protection
$1,505
Openings
$14,623
Finishes
$36,007
Plumbing
$24,000
HVAC
$43, 393
Electrical
$23,575
Other
$107,215
TOTALI
$266,558
$26,656
Scope of work must be approved by the City of Lubbock
2 MLI 7/11 /2017
The link below includes the City documents used to determine compliance:
https:llwww.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 — CM
■ Downtown Public Improvements Design Standards
MLI USE
Required with Application:
Grant Agreement (Signed by Applicant)
0
Detailed & Itemized Construction Bid Proposal(s)
Before Picture (prior to construction beginning)
[]
Architerctural Renderings (if applicable)
Required after completion of construction:
Certificate of Occupancy or Similar City Document (Permit)
City Written Verification of Guideline Compliance (Non -Permit) n
Proof of Payment:
Paid Invoices
Canceled Checks, Bank or Credit Card Statement ❑
After Picture (once construction is complete)
MLI 7/11 /2017
RAW Oil - Scope of Work
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'Ground Floor Summary — Adding 2,800 sq. ft. 17 new offices 1 New windows I New power & data lines I New lighting I New toilet
"Small percentage of total scope will be done on the second floor.
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Ground Floor - Before
Ground Floor -After (projected)