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Home My WebLink AboutResolution - 2023-R0247 - Downtown Façade Grant to Merinda Condra at 1510 Ave LResolution No. 2023-R0247 Item No. 5.8 May 23, 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 Merinda Condra, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on May 23, 2023 TRAY PAYIE, MAYOR ATTEST: Al,rPv Courtney Paz, City Wcretary APPROVED AS TO CONTENT: Brianna Brown, Business Development Director APPROVED AS TO FORM: K lli Leisure, Senior Assistant City Attorney ccdocs/RES. Market Lubbock DT Facade Expenditure — Merinda Condra 5.9.23 Resolution No. 2023-RO247 RE 23-20 RESOLUTION APPROVING MERINDA CONDRA, INDIVIDUAL AT 1510 AVENUE L 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 Tuesday, April 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 Merinda Condra, Individual, who is the owner of the property at 1510 Avenue L, who is making improvements to the exterior of this property, which is in the Downtown TIF. As the superintendent of The Betty M. Condra School for Education, Merinda is also overseeing a $2 million renovation of a second downtown property located at 1502 101h Street. Merinda is an attorney with a downtown practice and is committed to downtown Lubbock's continued growth. The scope of facade work will include replacing the exterior glass and stucco totaling $48,693 in facade 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 Merinda Contra, Individual, a Downtown Fagade Grant for $24,347 at 1510 Avenue L, 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. Blake Womble, and Seconded by Director, Mr. James Conwright. IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Merinda Condra, Individual, for improvements to the property at 1510 Avenue L, 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. John Osborne, President & CEO c;" Linda Davis, Secretary MARKET LUBBOCK, INC. - DOWNTOWN GRANT PROGRAM r 1510 Avenue L (Merinda Condra, Individual) TOTAL FACADE SCOPE OF WORK = $48,693 FACADE GRANT = $24,347 M A R K E T Downtown Grant Program Presented to MLI Board April 25, 2023 Project 1510 Ave L (FaVade) Merinda Condra, owner of the property at 1510 Ave L, is making improvements to the exterior of this property, located in the Downtown TIF. As the superintendent of The Betty M. Condra School for Education, Merinda is also overseeing a $2 million renovation of a second downtown property located at 1502 loth St. Merinda is an attorney with a downtown practice and is committed to downtown Lubbock's continued growth. The scope of facade work will include replacing the exterior glass and stucco totaling $48,693 in fagade expenses. The MLI Board is being asked to consider a Downtown Facade Grant for Merinda Condra totaling $24,347 at 1510 Ave L. LUBB'1(z'QrCK. 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: jorge(aDmarketlubbock.org Date Initial Application Submitted (Due prior to start of construction or permits assigned) 12/05/22 Projected Project Start Date 01/15/25 Project Property Address Property LCAD R# 510 Ave L, Lubbock, TX 79401 (1306 16th per initial app. JQ) t118538 GENERAL INFORMATION ABOUT THE C Company Name Merinda K Condra Street Address 12001 Uxbridge Ave. City, State, Zip Lubbock, TX 79424 Name Merinda K. Condra Title Owner Phone Number 806-407-0878 Email mcondraecondras INFORMATION ABOUT THE PROJECT Property Ownership: Own 0 Grant Type (May choose both if applicable): Permittable 0 Lease ❑ Owner Approved ❑ Fagade 0 uetaned rroject Summary (mciuding projected start date) and uescnption of vvorK: Replace glass and stucco exterior Summary of Expenses (detailed bids attached) Projected MLI Approved Reimbursement Glass Replacement $2,546 $1,273 Stucco $46,147 $23,074 $0 $0 $0 TOTALI $48,693 $24,347 Final Dios will de used to calculate the project cost and grant amount. 1 MLI 10.14.20 COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name Percent Merinda Condra 100% Is the firm registered with the Secretary of State's Office to do business in Texas? No : Are you in good standing with the State of Texas? Yes If you answered "No" to either of the above two questions, please explain Individual 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 APPLICANT'S RESPONSIBILITIES (PROPERTY OWNER OR LEASEE) City of Lubbock requirements: City of Lubbock - Planning Department 806-775-2108 Contact the City of Lubbock to determine the following: ❑ 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? ❑ Is there a current Certificate of Occupancy on file for this property? Market Lubbock, Inc. (MLI) requirements: Manager of Downtown & Special Projects (Jorge Quirino) 806-749-4500 Application Packet: ❑ Initial application (page one of this document) must be 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. Date Final Documents Received: ❑ Copies of City permits or City approval ❑ Copy of Current Certificate of Occupancy ❑ Detailed 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 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 matching PAID invoices (legible copies) 2 MLI 10.14.20 Overview • An Applicant must be a valid Owner or Tenant (Lessee) of the property needing improvements • Properties must fall within the Lubbock Downtown TIF boundaries (Central Business District TIF) • Single -Family residences and duplexes are excluded. • An Applicant is eligible to receive a permittable grant and/or facade grant per property (LCAD R# or Development Lot), per enterprise, per year. Must wait one year from approval to apply again for the same property. (Expenses used in one application cannot be used in another application.) • Applicant is not eligible for grant program funding if delinquent in property taxes according to LCAD records - includes all LCAD properties listed in the applicant's name • MLI disbursements are characterized as "reimbursable grants" - Applicant pays expenses first • Expenses eligible for reimbursement must relate to reasonable costs or expenses. • Receipt of an application is not a guarantee of grant approval. Grant Types Permittable Projects • Improvements require a City of Lubbock permit • Improvements may be made to the exterior and/or interior of the property • Improvements must total a minimum of $10,000 • The permittable grant reimburses 10% of approved expenses up to a $100,000 grant • Permittable scope of work that may be considered: • HVAC • Plumbing • Electrical • Structural • Any other work requring a City of Lubbock permit Fagade Projects • Improvements may or may not require a City of Lubbock permit • Improvements must be made to the exterior of the property facing the most prominent street • Improvements must total a minimum of $1,000 • The fagade grant reimburses 50% of approved expenses up to a $25,000 grant • Facade scope of work that may be considered: • Painting • New windows and doors • Signage • Landscaping • Parking lots • Awnings • Any other work that improves the appearnce of the fagade Signature (not required for electronic submittals): Date: 3 MLI 10.14.20 I met ok 'i IML\ i 1A, : A-L .\ 1 i F