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Home My WebLink AboutResolution - 2023-R0055 - Downtown Façade Grant to 611 Main at 611 Main StreetResolution No. 2023-R0055 Item No. 5.8 February 14, 2023 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 611 Main, Inc., is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on ATTEST: -rQ,U� -))(7 - Rebec a Garza, City Secretalw February 14, 2023 TRAY, PAYNE, MAYOR APPROVED AS TO CONTENT: &a-4vnoc.,&,o,t. Brianna Brown, Business Development Director APPROVED AS TO FORM: elli Leisure, Assistant City Attorney ccdocs/RES. Market Lubbock DT Facade Expenditure -- 611 main inc 1.25.23 RE 23-07 RESOLUTION APPROVING 611 MAIN, INC. AT 611 MAIN STREET DOWNTOWN 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, January 25, 2023, 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 611 Main, Inc., owned by Brad Green and William Morris, who are renovating the fagade of the property at 611 Main Street, which is located in the Downtown TIF. The property was originally used as an electrical and hardware warehouse starting in the 1940's. In the mid-1980's, the property was remodeled and used as a production facility for the non-profit entity knows as Southwest Lighthouse for the Blind. Brad and Bill Morris acquired the property in 1997 and have titled the ownership of the corporation 611 Main, Inc. This property was redeveloped in 2005 as industrial style studio apartments. The studio apartments have been continuously rented and occupied from 2005 to the present time. The scope work will include new fencing, irrigation, and landscaping totaling $55,500 in fagade 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 611 Main, Inc. 611 Main Street a Downtown Facade Grant for $25,000, which is in 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, Ms. Sarah Bevers. IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with 611 Main, Inc. for improvements to the property at 611 Main Street, 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 611 Main (611 Main, Inc.) TOTAL FACADE SCOPE OF WORK = $55,500 FACADE GRANT = $25,000 M A R K E T Downtown Grant Program Presented to MLI Board January 25, 2023 Project 611 Main (FaVade) 611 Main Inc. (Brad Green and William Morris - Owners), is renovating the faVade of the property at 611 Main, located in the Downtown TIF. The property was originally used as an electrical and hardware warehouse starting in the late 1940s. In the mid-1980s, this property was remodeled and used as a production facility for the non-profit entity known as Southwest Lighthouse for the Blind. Brad Green and Bill Morris acquired the property in 1997 and have titled the ownership of the property in the corporation 611 Main, Inc. This property was redeveloped in 2005 as industrial style studio apartments. The studio apartments have been continuously rented and occupied from 2005 to the present time. The scope of fagade work will include new fencing, irrigation, and landscaping totaling $55,500 in fagade expenses. The MLI Board is being asked to consider a Downtown Fagade Grant for 611 Main, Inc. totaling $25,000 at 611 Main. LUBBOCK. 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: iorgeta�marketlubbock.org Date Initial Application Submitted (Due prior to start of construction or permits assigned) 02/07/22 Projected Project Start Date 04/01/ 22 Project Property Address 1611 Main Street, Lubbock, TX 79401 Property LCAD R# JR108886 GENERAL INFORMATION Company Name 611 Main, Inc. ContactL806-535-5585 Green Street Address 601 Main Street TitleL-� nt City, State, Zip Lubbock, TX 79401 Phone cell) Email am-c a.com INFORMATION ABOUT THE PROJECT Property Ownership: Own Q Lease ❑ Grant Type: Permittable E7 Fagade ❑ (Apartments. New landscaping following the perimeter of the property including sidewalks, curb cuts for disable access, flower) beds, drip irrigation system, remove and replace existing fencing. etc. Summary of Expenses detailed bids attached) Projected MLI Approved Fencing $33,700 $16,850 Irrigation $7,300 $3,650 Landscaping $14,500 $4,500 $0 TOTALI $55,500 1 $25,000 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 Percent 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 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 ar 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. Dlease explain MLI 3.8.21 Is the firm receiving tax revenue from any government agency? No ;. APPLICANT'S CHECKLIST: Initial application 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. Contact Brianna Gerard!, 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 El Architectural Renderings (if applicable) ❑ Architectural Plans (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 El PAID invoices (legible copies) Signature (not required for electronic submittals): Brad Green Date: 1/12/23 per email MLI 3.8.21 L Q �` a� ,�,�� , �r�;:, , �a ply. a,�.,�,,;,-ph,::• ,, J,, r-° S, 1• iii'�Y \� `�. y � �� 6 lq r'��J41 t� �^ •r, a+ . � -��J E '� t �,c(lr.��,•k > of i '• �@' �(, �'(. av°o,�t�.'�•'�',,r "��L. f '•St.,i � �k,�,�r r r�-.� ' .. %:,`. 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'.'i•"" +'- r G is <3Y}`" ('.s•:hi i ++ ' ��tivJ air +y �4��n � ��'S I •�<, ~ld*, �� _• +.. �{+�+ �;:.; :�.,:' ••' : F �, r� b � war a4�`�` 4. �E CE Lubbock ESTIMATE tenting I pergolas I decks 2625 23rd Street Lubbock, Texas 79410 806-500-6750 allison@elslubbock.com CLIENT Brad Green and Bill Morris 601 Main Street Lubbock, TX 79401 ITEM DESCRIPTION � jaLS environmental lart±scape solutions DATE: NOVEMBER 10, 2022 EXPIRATION DATE: NOVEMBER 23, 2022 TOTAL Install at 611— 619 Main Street Apartments Horizontal fence — steel and cedar Install 5 ft tall horizontal fence using a combination of steel and cedar i Approximately 310 ft Design as identified - varied 6 inch wood and 3 inch steel with 1 inch Fencing for between boards $33,700 apartments Includes 3 inch square posts, capped Stand-offs along each posts 1 gate at alley for tenant access to alley Cedar to be stained charcoal, steel will be allowed patina Includes removal of current fence/haul off Install a new irrigation system 1- Includes City tap and commercial irrigation meter for system = Includes irrigating beds around the complex including sleeves under concrete Irrigation for s- Includes irrigation design $7300 apartments :- Includes drip zones, lateral lines, and components (controller, backflow, valves, rain/freeze sensor, etc) %- Includes permit, backflow test and final inspection LI 24042 Install landscaping around apartments Landscape for Includes design $14,500* apartments ;,.. Includes plant material Plus tax - Includes aggregates and boulders %- Includes landscape cloth to help deter weeds