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HomeMy WebLinkAboutResolution - 2023-R0340 - Downtown Grant Program (Façade), 619 Broadway - 07/11/2023Resolution No. 2023-R0340 Item No. 5.4 July 11, 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 Fa�ade 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 DJD Real Estate, LLC, is hcreby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on July 11, 2023 ATTEST: Courtney Paz, City cret APPROVED AS TO CONTENT: Bill H rton, Deputy City M er APPROVED AS TO FORM: � elli Leisure, Senior Assistant City Attorney ccdocs/RES. Market Lubbock DT Facade Expenditure — DJD Real Estate, LLC 73.23 Resolution No. 2023-R0340 RE 23-33 RESOLUTION APPROVING DJD REAL ESTATE, LLC AT 619 BROADWAY DOWNTOWN FACADE AND PERMITABLE 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, June 28, 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 DJD Real Estate, LLC (with SIMFLO), who is making improvements to the property at 619 Broadway, located in the Downtown TIF. In 1951, Clarence Simmons opened a machine shop in the small West Texas town of Sundown. He provided machining services to the general public and for the booming oil and gas industry. However, he knew he could grow well beyond his humble beginnings. In 1953, Mr. Simmons hired Raymond Pickering, a visionary and entrepreneur who shared Mr. Simmons' dream of transforming a small machine shop into a premier manufacturer. Mr. Pickering knew, however, expansion could only be maintained through exceptional products — a sentiment which laid the framework for SIMFLO's quality assurance procedures still in practice today. With continued growth and success, Mr. Simmons and Mr. Pickering developed their own line of vertical turbine pumps. The first Simmons brand bowl assembly was manufactured and sold in 1956. From that moment on, Simmons products have been manufactured and tested to ensure unmatched quality through uncompromising standards. Since Mr. Simmons opened his first machine shop, SIMFLO has evolved into a major manufacturer of over 75 different pump models as well as countless replacement parts and accessories. SIMFLO is now moving their corporate office into Downtown Lubbock. Their leadership and back-office support staff will make the move from their current manufacturing plant located at I-27 and 27th St. The scope of fapade work will total $65,000 in farade expenses and $1,050,000 in permittable expenses for a grand total of $1,115,000 in construction expense. 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 a Downtown Facade Grant for DJD Real Estate, LLC, totaling $25,000 and a Permittable Grant totaling $100,000 at 619 Broadway, which is in the Downtown TIF, once proof of payment has been submitted. WHEREAS, The Boazd 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 Beavers. IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with DJD Real Estate, LLC., for improvements to the property at 619 Broadway, 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 . � � Linda Davis, Secretary MARMCET LUBBO�CK, INC. - DOW�TOWN GRANT PROGRAIItI � � . 619 Broadway �G99 Broadway, LLC - SIMFLO) TOTAL SCO�E O� W1�RK = �f,113,000 TOTAL CRANTS = $125�000 TOTAL FA�ADE SCOPE OF WORK =$65,000 F�4�ADE GRANT = $23,000 TOTAL PERMITTABLE SCOPE OF VYORK =�1,050,DOQ PEFilNITTABLE CRA�1T = �900,00�0 M A F� K � T Dowatown �r�nt Prngram �r�esented m MLl Board j�e 2s, 2023 Projeet 619 Braadway (�arade & Permittable) DJD Real Esta�te, LL.�C (�vith S�MFi.D) is mal�ng improvemer�t� ta the property at 6�9 Braadw�y, located in the Dawmtown T�F. �n �951, C�arence Simmons op�ned a machine shop in the small TiNest �'exas town of Suntlown. He pravided machining services to the g�ner�l public and far the �o�ming ail and gas industry. However, he Irnew he couPd grow well beyo�d his humbte b�,ginnings_ ln �953, �r. Sim�nans tured Raymond Pickering, a visianary and entrepr�eneur who shared Mr. Simmon's dream af transforming a small machine shap into a premier �anufacturer. Pickering knew, hawever, expans�nn could only he maintained thraugh e�cepdonal products - a sentiment which laid the fra�mewark for SIMFLO's quality assurance pro�edures still in practice today. With continued growth and suc�cess,l►rlr. Simm�e�s and 11+[r. Pickering deve�aped their own line of vertica� rurbine pumps.'�"he first Simm�ons brand bowrl assembly was �anufae�tured and s�old in 1956. Fmm that moment on� Simmons products have been manufactur�ed an� tested � ensure unmatched quality through uncomprnmising standards. Since h+Ir. Simmoris agened hi5 first �a�e�aine shop, Sit►oIFL�} has e�ve�ved inta a ma�ar manufacturer of over 75 dif%rent pur�p �o�dels as welt as coundess rep�ac�errtent parts and acc�essories. SlMFLO is now maving their corpor�te affice into �lawntown Lubbock Their �eadership a�nd hackToffice suppart staff will make the mave fmm their current cr�anufacturing plant locate� at 1-27 a�nd 27+� St The 5cnpe of far,ade wark wi�l toral �65,400 in fa�ade expenses and $1.050,000 in permittable expenses for a grand batal of $1,�15,400 i� construction expense. The MLi Baard is heing asked ta consider a Downtown Fa�ade Grant for DjD Real Estatie, LL�C tataling $25.004 and a Dawntown Permittable Grant totaling $104,004 at fii9 Broadway. M A R K E T �wntown Grant - Applicat6on The in�'onrra�'vn r�uaste+d or� tfits farmm wfl'11�e u�d by A�a�#et L�ck,lnc_ Ofar artarys�s o/ ynur p�ra,�ect. MLl� CONTAiCT INFORMATt01if Jarc�e 4uiriroo - Oir�ctor nf Go�wmt�wn & Sps�clal Proyect� Phoaie: Martcel L�dc, inc. 1504 Broac4�ray, Si�ct� Floar. LuDb�oc�c, TX 79401 Emai� f �.�'*�'. ;t.'7 Date Emtlal Ap�c:�tlan Submm,sd (Du�a prf� ta si�rt of cor�tr�ct6on a� permits assEgned� 04A05�121 Pro��c! Pro�ct Sl�.tt Dal�e Q7N7�3 Pra�ect Pra¢t�rry Address Pro�eriy LCAD F� CaQnparry I�ia�ne Slrset ,4ddr�s� �ity. Stat�, Zlp aJD I�al 1722 B�n� LLC tram R�al Esr,�U� hlasne Tltle Phans NumE�er Email IN:�QR�YIATION {t801l� THE PROJECT Pro�eety Owr�ersFup: � U Grant Ty,pe (A�lay ch�se b�oth if ap�6si: P�ermitta�Ce � Deta�f�d 8b6_14g_45C2D • •�;'a _ ,.�..'r'ri�11��':'�:'t1 LBase ❑ Owner AppQoyed ] Fa�aee � st�rt datel ar►d Desaription of Work: 1 AALI 1 b_�4.20 Ttiis pdojact Is a corr�p�ete � ot tt�e �aracie arrd ��er�ar sp�aca to t,u�ci out muttt�be o�tCioe, me�edr� sp�aces, �roams' hreak a�+ea and o�nrnae� s�c�s br s�al�_ T1re teraarrt oi 1�� property wi� be SEMFLO, a I�al v�rfical t�r°bFn� r�anuiact�, wlth a L�ubtandc p8a�t iatalsd on 2lih an� �27.'Pkids w�l be�ne tF+e caorp�aroe a�Fficas tor SlMFL{) where 1t�e lea�dergl�ip t�earn and h�ck-0if�ae s�uppart stadf w�l ofriae_ COMPAIiOY BJ�►CKGROUIdD Us.t any p�rsom or �r�illy that has at least 5�6 ownershCp fn tt� App�icarn Comp�ar�y. Mame A�eroer�t i�larro� Pero�nt Is Ihe flrm r�gis�arefi wii� th� Secc�l�ry cf 5rat�'s Oi�'roe lo t6o busine�s in Te�ras? Yes � Ae� you 7n g�d s�tar�d�r�g wr+� ti�e State ai Texas? Yes � If v�u answ�er�d `�do' to es'tl�sr of I!� at�e tw�n Is 1he fi�rn ar�dlar prtndpa� �e[�r�{uent on any federa6, sta� or bcal taoc obt�galforrs? No � Hag ti�� campany o� p�fnc.i�ats of the aompany h�d pr�ct b�aa�kr�r�ia�s or laws�us3 No � I( Mau ar�swered `Yes" ta e�lher of t�e above two APPL��GAIdT'8 RE8aP0'NS181UTIF.,� (PROPERTY O�IMHER OR L.�ASEEj G�Ey of Lubbock naquira�rn�n�: C►ty crf L,ubbock - PPanr�ing De�artm�nt 806-7'�r-2108 Contatt 19�e City of Lubbock ta d�termi�e t➢�e id�g: f' Doss ti�e soope af wncic rn�t t�owntawr� stand�� ana gu�delines? Aae perm�s r�q�tred for any a�}aact af the scope af w�ark? p A�� p�abtic Em�avem�r�ts c�qv�e�? Q Is i��re a cu�rent Cectlficate ot Ooou�ar�y on flCa for lhls prop�ty? Marlc�t Lub�o�ck, lnc. {MLI) req;uirgrn�: Dtrscicr af DownEnwn 8 Sp�dal ProjeGts {Jarg� Quirinn� 806-74g-4500 A�l3cadaa� Pactt�eL � 1a��1�a! app�fcatlon (p�ge ca�� Qf il�f� doa�mer�t] must b� recelved by MLI pfinr to i�e statt a1 coais��ccdoa� an�lar before perrnits ar� ags6gne�d All rse�naining docuttte�ls must be r�ca�tved artid an a�pl�calbon pac9c�t p��ss�nt84 to 1l�e MLI 9aand no rnore Ihan i1ve� manth+s a0t�r lhe Initlal ap�pficatlon 6s r�oeivsd �r MLl_ Q�ale FEnal D�oum�nts R�celved. �J Go�be� af Cary perm[ts a� CLty �,�roval I_I C�YY of Cuff�nt Certificale of Occu,p�ancy ❑ DetaHed Constru� Bids or Sct�sdu6e af 1�alu�s j�j Befo�e PicWne (p�lar ta coa�structicr� D�gannLngl � Ard�a#ectuta1 P�afl$ (if ap�l�cab�ej ❑ Arrhite�ctura! R�ncb�rings {If ap�ca6�e� Altsr compl�tion ot conafrue�ion: �' C.�rt[f�cate ot Occupancy or Sim�7ar Ciry Docirment Appro�ng Completlon fJ�p�pi�ccar�t r�ap�o�ns�b►xe !�r �"na1 srope o� �nvk rrr�ch,�g a�prav�ed scbpe) Proof af Pa�yrr�ent (� PAID �nvaGces (m�t referer�ce the apprared p��ct) � Prvices�a Che�ks, Bard� or Cr��3t Card Stat�m�xnls matching PAID inwodces (legt�e wplesy � M11 14.14.20 Overvlew • An �pptccant m�st be a valld O�wner o� Tanar�t (Lessee) of Ihe pra�erty needing imp�ve;mmer�ts • Properines must tafl wd�h[n the Lut�ac�c Dorwntawn TiF baa�naar�es (Cer�Val B�ir�ess d�Vtct TiF) • S�gl�-Famdy r�si�ences anA dupla�x�s ane sxcCuded_ . An A.pplccamt �s eltg�ie lo rec.�iv�e a�rm�ttaBle tpaM arr�Jar faracl� gra�t P�r pdapert5+ {LCI�D f�! or D�vebo�m�r�t Lot�, pee er+la�niseT pa�r y�ar. Must uwart on� y�ar f�n app�rovai to app�y ag�n for 1i�e same pdop�srty. {Expe►�,t�es used in ane a�,pl�atton car�ol b� u�ed In anc�Gher app�icatlon.� + App9lcant �s r�at �lig►�te for grant program (unc�rog ff delinqu�r3t in ��er1y lax�s accvrd�ng to LCAd records - ir+ti� ap LCAD prope�es I�ted �n t!� ap�lacant�s name • MLI di�s�ur�ents �r� chaiacte�ed as "re�rn�ursa�Ce grerns° -,4��I�cant pay� �tx�enses flrgt • E��� edg�l�s for relmb�taein�nt mu�t relate Uo reasar�ab�e casls or expe�_ . Reoesp�t af an ap�bcaticn � not a guarant�e of g�raant ap�prrnra�. Grant T�/pes P�rmit�ablo Rrajac.�a • lmpdavements req�r� a C�y af �.ubb�oGc permst • tmp�rne�m�nts may De macie to the er�rar �cl1'a� intet�ae of ihe prap�rly • Err�p�av�ments m�t ta�al a minun�m of ��O.aoo • The perrrdi� grant refmbutses 10�6 af app�ro4�d ex�errsss up to a�100.000 grar�t •�rm�ta9le scope of waeic that may be ca,nae�ar�d: • ftVAC • Rl�m�h�r�g • Eleclr�c�l • Strud�ral • Rrry nthe� w�ar4c req+�r�ng a C�ty of Lub� permEt Fayada Proj�ts • lrrE�avemee�ts may or may no1 requ�re a Gtty of �u6b�9c perrr�t • tr��v�nerrts mugt be rnade ta Ihe ext8nor af t�� pdcperty+ faareg tha most p�orrtiinernt strset * Qmpdav�rtents ntiu�t to�al a min�rnum ofi $i.DOQ • 1°Ne fa,�de grant r�lrnha�rses 54�6 of ap�avad exper�ses up ta a 5�25,bdQ grarrt * Far�e soape of w�ark thal may b� corrskl�ed: • Paintirag • Ir6�w ►�e�eows a7,d eoors • S�gnage • Lanascaping • Parlueeg bIs • A�nmmgs • Artiy oth€�r worfc t'hal Improrres the app�gamoe af th� f�de Sigrr�ure (r+ot req�ir� fo� �ctronic s�Eyrr+vtt��y: Troy Pick�ering par Email Dat�: 415d2021 3 MLI 1 b.14.20 � TEIIVERT .CON3TRUCTIAN �SIMFLO Bf�OL4[?Il�+'A �' �7f��'C� s/zai2a23 B�g Ar� EsQ: 5,438 O inian aF Pra��ip Cast CA�t SdfeQac#t �ma_;: 6.0 02000 6�itAL RE�UEREfYtENTS 105„6Ei7 19i.42 Ge�ter81 Cond�[ioiK & Su r�.� s� i Is 86.12!6 86,12i6 Buildin �ertrt�t i IS 1,631 i,fi31 3,631 5uruewral Re air Nla�anee 1 Is 7.504.�1� 7.5�4 7,Sd�D El�or P�e & Levellin Al9owance 2 Is id,35U�(fD 10,35fl 1�.35�1ff � 0 ��� �yv,ppK 6,27i► L15 l�lrrw [onerete roa,�fi B3� �+ 7_5t? fi.27C fi,27�'4) C 0 �IA50 DfMDI.iTlL1�1 15.730 ZBO Site & Bidldi De�rtolilion 1 IS 15,25d.aQ 15.254 15,250 C Q UZiUU PA11W� & St1RNifi1Nt� iX.l60 Z05 SiLe Contrete i Is S�.Q9C.OG 10.�(T 1�.00fi As hel! Fat�► � Fi� ir 1 Is 1.16�.i0tt 1.16� 3,38Q 0 0 03300 Ci0N�7E 7,9r5Q L4b Pa,�r Betk Pl�rr�� Trea�[tles 6Om sN �313 7.95C 7,45Q G O 04t1001rRA5dl�!)CY 5�00 �D.� MiS� Maso�y Et� air 1 Is SQQ� 54C 500 m 0 05500 METAL FdB 17.l:34 3_15 dAiS� SEeel FaGr�c3[ion 8� CnSt�'.18LPo:t 5,�38 s� 3_i5 17,130� 17,130 � 0 �5100 IbOU�s1i CARPE�RICY 5.l66 Q.95 gp ��„ 5,438 Is Q95 5,166 5,1b�6 � 0 �00 RNLiMCA�tPEli1TRY 43.305 7_96 dAilltivotk lowets wf 55 To 5 43 If �35�.OD 23,005 23,ODS Millwork U,p�ets �D tl 21Q00 6,30d 6,3D1'1 Resa�c�o� Y�tn�ies 2 ea 75f1.A0 1,5UQ 3.StfD CoMerence � Eaie� ��iM Allaxrance 5 sr� 2.59Q.� 12,54xi 12,50D Q Q �G615 FRP PANEUN6 �fi8 �.04 FRP Wall Paneli @ lanitor 's Gnsed 64 �� 3.25 ZOS 2U�8 a o o�oo M�n�a�uw�Ro�k� so�oo zea Roo� peecn aoawar�c� i is io,��oo in,ota� io,oa� a o o�aso � sT�r� �„�o az� Fre 56n i 5,438 s� 4l1� 1,364 1.360 a a aa�ss FwsN aaoxs �.a�a szsa t�Qer�or IA�D 5in +es. Frerres, H4V �3 ea 2.79Q.i� 55.B00 55.BL�f rxeeFio4 WD Den,bles„ Frame�, F6111f 3 ea 3,69�D.0� 13,07C1 13„070 ExUeliar HM 5i es. Frames,, FQW i ea 2.890.04 2.B9i1 2.�D 0 0 S'tr�tf(b 9fCadulray Offloe5 OPG ��ge 1 aT � FFir�ted. 5�¢3 08360 Q1tE31�{EAD D�i� 9�.Zi0 L7�U Settiar�al 9�rre� �onrs i ea 9.25E4.�f9 9,25(D 9,25(� 0 0 OBd00 AllilYEiNlf7�l1'STflR�R�-1iT 33.Q34 6.07 SQ�OY@�fb�1l �Dtlf! 2 ed 3,950AQ 7,90Q 7.9DD SQorelra�� 349 s'! 72_1Q 25.134 25,13d 03200 PL/�STIER 16�l37 297 Remaat E�terio* 2,434 s� 55Q Sfi,137 16,337 o a 0925D 6YPSUM 6�OAW) AS�.IES 164.532 3�.l8 Gt! a�il wJ 4' NIU Std wf �+tsul B,64E� s� 23_9m 820.096 P�Q046 R�rimiete� Furred tiYalls 3,324 s� il_8�D 34,223 39,223 Gy �n Ce�Ji 95D s� 1QJ5 10.2t3 iq,2l3 (! Q 04300 TIIE �� '�g� Cr�*arr c Floor 122 s0 �890 2.3D6 2,3i�i6 Cgtei'raC W81t @ R�t R6�5 14i �� 2�90 2.963 2,953 m 0 09�550 AZOt�STI�CAL CEIIlN65 1�,39a L28 2x2 Aeot�Ei[al Ce�li Uen` 3,93�6 s� 3..15 12.� 1�,39� � � �650 Ii�51L1Efi1T �Lfl(lN1N6 13„Q31 ZSO lurtiny V n I Plank o+ 5irr ar 2,39C� s' i.93 13,031 13,031 C Q U9�680 [11�tPET 13.lSG 2.@2 Cer�el Tile iA Oefites 2�6 s 4b.Q0 13,15+� 13,�56 � 0 fl9�9U0 PAlNT1J1G 35.75A �.57 �a eJYeature�Paint 20,6D4 �" i.b5 33,997 33,997 Gy Ceili 950� s�l 1.85 1.7i8 1.758 Q 0 34450 EXTERIOR �6�1A4aE - - 4wT1pf OWAtf (T 0 iAf520 FEC'� l.t�tSQ Q.i9� FEC� � e8 523.Q0 1.05� �.� C 0 10i3011RETALUl1�IqPIES 7.5�0 L3B Me�181 E�if C8 AilnwBnCe 1 Is 7.5�Q.�Q 7.5d)a 7,543Q (! 0 1Ia800 T�?�ET JUC�tctbe��s 1,.IlliEM Q3+� To.'iet AtteSso�ies 4 ioe 2DD.�flQ BD(E BL+Q llAifroas 2 ee 125AQ 250 25i1 C� ii ��zo rw+r�w��r� �.�oa z3a Wi�tdow 5hade AElo�w�e 1 IS 7,S�Q1CC 7,SDC i,5d1D Q d 15A00 PWIIREN6 50I.4d8 9�.19 Plu�nhi b tit 6�.23fDA0 37.5UQ 37,�dl0 Grease Tra� Re�nwal i Is 12.5{XFAO 12.5�0(D 12.5d?6 c a 355a0 M'VAi[ 92,.884 17_07 �{yrq,� 15 1� 5,8�DO.AO 92.BflQ 92,BD0 Sirnfb Brc�adway OFfioes_OF'C Ps�e 2 at S P�r�c�e. 5�Pi3�3 Per Troy Pre��ring, Teirrert Constructrvn pendrng $73,0�43 additrons far a total o# $�,115, 0�0� rn cost. 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