HomeMy WebLinkAboutResolution - 2023-R0341 - Downtown Grant Program (Permittable), 619 Broadway - 07/11/2023Resolution No. 2023-R0341
Item No. 5.5
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 "Ciiy 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 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 the DJD Real Estate, LLC is hereby approved pursuant to Section 5 of the
Amended and Restated Bylaws of the Corporation.
Passed by the City Council on July 11, 2023
TRAY PA E, AYOR
ATTEST:
Courtney Paz, City Se etary
APPROVED AS TO CONTENT:
Bill Ho rton, Deputy Cit anager
APPROVED AS TO FORM:
elli Leisure, Senior Assistant City Attorney
ccdocs/RES. Market Lubbock pT Permittable Grant — DJD Real Estate
73.23
Resolution No. 2023-R0341
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 Boazd 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 fagade work will total $65,000 in fa�ade 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. Jarnes 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
• /f. .��
Linda Davis, Secretary
MARKET LUBBQCK, INC. - DC)W�TOWN GRANT PROGRAM
�
�
.
619 Br�aadwray
(699 Broadway, LLC - SIMFLO�
TOTAL SC�ORE OF WiORK = $1,115,Q0�
TOTAL GR�ANTS = $125,000
TOTAL F�►�ADE SGOPE QF W�O�ilC =$�►5�000
FA�ADE GRA�NT = �25,�0�
TOTAL PERMITTABLE SCOPE �F W�ORK = �1,05�0,000
PERMITTABLE GRAl�IT = �100,a04
M A R K� T
Dowabown Gr�nt Prngram
�^esented t�a ML16�o�ard
jnne 28, 2023
Praject G 14 Bcoadway (�a�ade & Permittable)
DJD Real Estate, 4LrC (with SlM�i.O� is making impr�vements m the properiy at 6�9 Broadway, Iocated in
the Do�vntowrr� i'iF.
In �951, C�anence Simmons opened a ma�hine st�flp in the srnall West Texas town of Sundo�vn. He
pravidetl machi�ing services to the general public and for the booming ail and gas industry. However, he
Irnew he cau�d grow well beyond his humhie begennings.
ln �953, Mr. Simmons hired Raymand Pickering, a visianary and entrepreneur who shared Mr. Simmfln's
dream af tran5forming a small machine s�hop ir�ro a premier �anufac#urer. Pickering kneti+v, hatvever,
expansian cc�uld anly he maintained thrQugh e�uepbonal product� � a sentiment which laid the
framework far SI�l�LO�'s quality �ssurance procedures still in practice today.
With continued growth and suc�cess,lulr. Sim�rtons and [�9r. Pickering deve�oped their o�vn line of vertica�
turbine pumps.l'he fi�st Simmans brand bowl assembly was tatianufactured and sold in �95b. Fram that
mament on. Simrreons products have been manufactured and testied �v ensure unmatched quality through
unc�omprnmising standards.
Since �Ir. Simrnan5 apened his first �achine shap, S1�IFL0 has evQ�ved into a ma�ar manufacturer af over
75 dif�erent pump mo�els as wel� as cflundess rep�aaement parts and accessories.
S1MF�.0 es na�r m�ving their carporate office into Dawntflwvri Lubbatk. Their �eadership and back-office
suppo�t staff ��vill make the mave Eram iheir current �anufacturing plant tocated at �-27 and 27� St
The scope of fa�ade wark wi�l tatal �i65,040 in f��ade expenses and $ i,050,000 in pern�ittable e�tpenses
for a gra�d tatal of $1,�i5�000 ie� construc[iQn expense.
The MLl Board i� b�ing asked ta cansider a Downtown Fa�ade Grant for Dj� Real Estatie, LLrC tataling
$25,004 and a Downtown Permittable Grant totaling $104,004 at b19 Broadway.
�IA A R K E T
Qownt�own Grant � Application
The irrl�rmabfarr �+.rasied an thtiis fa�nmm wfN be use�d by M�arAre�t Lui�b�od�,lr�c. Pfa�r auradys�s of yaur �ra�ect.
MLI� CONT�CT II�FORMATIBN
Jorg� Qc+iri�o - Dfte�ctod af Dnwnt�wn 8� Sp�clal P%�e�t� P�one_ 806_7�9_�00
I�tarEcel Lu�bock, Irec.
150Q Brca�way, SFxC� Floor, LuDb�odc, TX ?9401 Emal� ior�mark,ett�bbodc_org
date trotial AppUcatioa� Submitted (O�e prbo� to start of corrstruG%n od p�rruts ass�gne�4) �ddld5f21
Prr��cted Pro�t Slart Date b7li7CF3
Pra��ct Pr�t1y Ad�tess
Pr�rty LCA� f�
Csmpany t�ama
Sl�eet ,4�ddress
City. State, tlp
aJD Raal Eslate. LLC
1T22 8r�o�adw�v
f��T
R�al Estat�e �loldinns_ LL
0�lame
Titl�
Phoa�e Number
Email
IIrC�0i�h1AT10N ASOU3 T#IE RttOJECT
P�rty Q�nrners#�np: Owrti
U
Grant Type (AAay c�aose b�o1h ff a���ts): Perrnittab[e j�
Oetaiiad Proi�ct Summary {fnctvdirr�4 ��I�eted st�R dat,a) and
Leass ❑
Ow�ner App�oved ❑
Fa�ade �
or wo��c_
Tha1s prtiJeci Is a corrspi[� rennvatiar► ot the fa�ade arrd Ulsrtar spa�oe I�o bu�d aut r�nutt�6e of[fc�e, me8tlr� spa�es.
re��ax�s. break area anii cammai spaces for sfial% The tena�rl cr�the prap�eit4►+�119 be StlIt1F�[), a I�al verint�l
wr6�e nnanuiaci�t, with a Lu�bacic plaa�t IacaEe+d on 27th and �2i.Ti� wi'll be+oars�e the oofporale affices i�or
SIMFLO w#�er�e t�te I�a�dars�riD tear� anA bacic-0nkae �uDp�art staYf w�l afi�ae_ -
Irrterlor
�
cast tr�d grarrt amounL
MLI A�pnoMed R�elmb�tr�err�ent
S1DO,b00
, nui � a.�e.za
cae��►e��r Bac�C�RouNn
Lis.t ar�y persa� or �rt�tiry ih�t has at least 5�6 own�rah�p [n the App�icant Com�any.
P�ame F�err�rtit tdams Perosa�t
Is the firm regis�r� wt1i� the Secr�l�ry af Sfade's Q�fw�e l�o �o bugine�s in Texas? Ya� �
Are you in g�d stan�irx� wr�t� the Slate of Texas? Ye� �
If v�u answens++d `�o` to eat�er of Ih� abav� Iw+a
Is Irie flrm atrodfor pr�ncipa�s �13nq�errt on any fed�rai, s.tate ar local tax oOluga�lorr�? Na �
Ha� trie campany o� pdinti;pals of tl�e c�oanpaa�y h�tf pr� bankr�pt�aiss or lawsui�s? No �
If vav ans�rereQ "Yes" to etU�s� af the abave two
At�PU�GAI�T"S RE�PONS181UTIF.� (RROPERTY OWYNER OR L�EA�SEEj
C�ty of Lubbock requirr�r��ts:
C�iy a�f Lubbock - P�annirrg Qe�acimer�t 8d6-iir2109
Cantact t9�e Ctty af Lubback tfl d�teamin� the fallo�vEng:
f Do�s t�e scop� of wroric rr��et �awr�2aw�n st�ndar� ana gu6del�nes?
Are �nm�s requtred for any a�pec�t ot tNe soope of w�ark?
� Ate pt�blic fm�oru�ernan�s �e�u�$c9'?
�) Is t�ere a c�trdent Cert�ficat� of Oaou�pancy ar� flbs for Ihfs propesty?
Mark�at Lubl�ocic, lnc. {MU} r�quira�arrts:
DEreclnr af Dc�ml�wn &^�dal Pro� {Jarg� QuiNrw) 806-749-45�00
Applicat�oa� Pacloel
i � In11Eat app�icallon �page one of t��s documenrt� mvst be rec�1�8 �y MLI pr� �
t�e sta�t af coa�strr�doa� andlor before p�rntfts ar� �ss�gned
Aal remaining docr�r�t�tnis must b€r r�cefiued ardd an a�plucatbor� pacic�t
pd�serr�ed te IAe MLI �aand nc rr�ore d�aa� it►re� manths af�r ih�
In�lal app[icatlon k re�Mred by MU_
O�abe Final O�ocuerien�s Rec�iv�s�:
(�J Cc��s ot Caty permits a C�ty ap�rova6
�I �Y af C�rr�t C�rtiFlcale ai Occit�ancy
❑ DetaHed Cce�swdl� Bies ar ScAsdvbe of Walues
j_j B�fars Pic,Lure (pcind to oonstr�c�on beg�rv�ing}
� A�c�at�ctural Plaats (If ap�l3cab��r)
❑ Ar�hitc�ctura! R.�n�ring� (� ap�lica�j
AR�r compl�tlan ot oonsfnu�ion:
� CeAtfic,�t� of Occupaa�cy or SFm31ar Ciry Dac�tm�nt,4�praving Ccmpletlon
fA,p�6car�t �s�o»s�►b�e f�ar fdnaf scc�pe o� �aNk match�ng a�d s�ccpe)
Proof af Payment
[ w PAI� tnvotr,� (must re�ferenca 1he appnove9 p�ect}
� Processea Checks, Ban�c ar Cr+e�R Car�d Stalemenls matchtng PAId
in�o3c�s (�egt�� aoples)
� �u 10.14.20
Ovenrlew
• An A�pluca�,l m�est � a vafi� Own�r ar Tenant (Lesse�e) of the pra�rty n�stiing imp�o�nQnts
• Proper� must fa11 w��t Ihe Lut�ck Downtown TIF lmvmda�as (C�rtitral Bu�lnea� D�rtct TIF)
• S�ngl�amify r�er�s and duplexes a� excCucfe�d_
• An Appl�cant �s etx�� to r�c�iv� a perm�tta�ble �r�r�t arod�br fa�ade grant I�r pdc�erEl�' (LCAD f�
or Dev�Oo�mse�t Lot�, per �t�rpr�s�, per y�aar. Mus.t wa�t one y�ar frorn app�val tia a��y ae�n for
!he same pdape�r. {Exp�n�es used in ane a,�ploca�ara car�nat be us�d in anath�r app�icaUon.)
+ Appdica�t �s nat el�gl�[e tor grar�t pra�gram (und�reg Ef dellnqt�nt 7n pra�rty lauces a�ccardi��rrrg to
LCAb recor�ds - ir�cl�s all LCAD properfi�s lest+ed in the ap�licarrt� narne
. MLI d�rs�ments �e characte��A as'remnbursab6e grants` - Appfx.ant pays �xpens�s flrst
+ E�er�s $bgah�e for r�imbitrserr�t mu�t rglate Uo reasar�aDB� cost� or exp��.
. Ret�ipt ot an app�ca�on t� nat a guarant$e of gsan! ap�rawal.
Grant Types
P�rmittablo Proja�s
• rmp�av�mer�ts reqwre a C�ty of L►abb�ocOc perrivt
• Em�pa�arvements ri�ay De macle to [he exten�r andl�a I�ter�ar of the properly
• Lmpa�arvernents m�st t�lal a mEnUnum o1$10,000
• Th� perrr�lttable grant r�imb�rs�s 10�6 af appa�or�d �xper��ss up to a 5�00.000 grant
• Pie�rmittaDle scop� d( w[�e9c th�t ma�y 9e oon�er$d:
� Fi1lAC
• Pl�rr�b�rrog
• Eletlrical
• Strudura6
• Any att�ea woAc requrtr�g a Gkty �f L�b�tEc permit
Fa�ada Rrojeets
• Emp�rrvaments ettay or may not reqwre a Clty af Lubbodc perrrut
• �m�pa�avamsnts muat bs made to the extenor o1't�e p�aperiy faar�g If�ee most p�ornlnent st�eel
•�rnp���nts m�st total a mEnEmum of Si.OdQ
� Th� fa�ade grant rafmbairses 5f�96 0! ap�a�aved ex�s�s up to a 5�25,Od0 grae�t
• Fa�de soope of w+ork thal may be corrs�d�red:
• Palnt3ng
• New wind�aws and 9oors
. g����
� l.ands+caping
• Park,rrog 6ols
• ►R�r�rnings
• Any o� work t�at Improyes ttre appeamoe of 1�� fa�de
Slgna�ure [nal requ�rec! fod efectronlc suEur��tia�): Troy P�ckaring per Emap
Date: 4��2d2t
� MLI 1 �_1420
� TEI [N ERT
.CON3TRUCTIAfiI
0�0 Gi7ieERAL
Ge�te�al Cflnd?tio� & Su LfY ! RS^
�BuildiA �etr�+?!
Structtcral Re ir Altowance
Fl�or �re & Lewelli A1 iawatlee
a�oo s�wp�rc
Near Contrete roadl
��� �����
Site �i B�Iding Ue�laliti�l
�
UZ,00 PAVWG&SURIrA�CING
ste [cnerete
hel[ #dttl� 8� Re ir
03300 CDM[R�TE
��r BBek Plun��n B�eAfh�s
04F100 MASQ�ERY
SllliS�. Mrlso�^q RepBir
05500 METAL FAB
dl1i5C Stf�l FaEr�3tior� & ttrsl�+lat�
06100 tbDUlGli ['AAPfHTRY
Rn Ca�pent
Q6�00 F�ifSN CARPEfIRRY
Millwork l,or�ts w/ 55 To s
Millwotk U�er6
R��, va,tit;es
Car�terente � E�ee Yrirn AlloYranee
or��5 �a�urr�
f6iP wall Paneli �@ JenimPs Uoset
OT500 MEMBRAHESQOFiN6 �
Raaf�r� Pateh Allnwar;c�e
OT&t0 HRE3TOPFIMIG -.
Fite 5lCRp�rng
�82�1 FaAJSN OOORS
Call�fi0f 11YD 51n �E'5. f7dfMES, IfIW
t�tefior WD DauEles,, Frame3,, WNf
FxUefiar HM SirlRles. Frames,, HW
�,SIM�LO
B�OA�t?I��Y G1F�J'C�
?pinion o? Pra�hhe C�t
1 I�
i I� 1,631
1 I5 7,5UdA0
1 Is LQ.35QOi1
636 s' 7_S�C�
1 Is 15.25�.�i
1 Is SO,OOC.fEIC
1 Is 1,16tP�QQ
60Q s� E3.25
1 !� 5�a^A
,�38 �'! 3_13
,438 Is 093
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5,16G
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Sirnfb BroaR�way OffioeS QPC Paye 1 oT 3 Pfm9�d. 5�L3f2972�
�360 QwE�lFIEI�D DOOI� 9.�0 i3t3
See[ioeal �arer�ez� Ooors i ea 9.25t�.Ci� 9.25C 9,25d
C� 0
Ogd00 IR13lMINf.liY1 STW1EF�tt11iR 33.[13d G.07
5uore�ront Qoors 2 �a 3.95�.�tD 7.40a 7,9�iDD
Sa�ore�rone 349 s� 72_10 25.134 25�,13d
a9�0E! RtASl�'ER 36.l�7 t97
Re�oo�t EsUe►•a� 2,934 �! S.�tC 1fi.137 16.137
@ 0
09250 6YP5U#A B�fu4R� A56EM�i.iES 184,532 3�88
hu all w/4� ana sce,�!!�+�r 8.64C� sh y.3_9ct �2o,Ox, i20,046
Perimeter Funred W'aIL� 3,3Z4 sr 81_B�d 39,223 39,223
Gy Ce�i 954 s� B�fDJS 10.2#3 iq,213
a o
[}�300 TILE 5,Z68 Q.97
C�rarric Fldor 122 �" �890 2.3t?6 2,3fl6
CetBtniC'Wele � Ft�st it�n 14�2 stl 2a90 2.963 2.963
Q 0
49550 ACflUSTItAL COLIN6S 12,398 228
2a2 Ac�OmtiCs�l Ce°'ii UeM� 3,93�6 s� 3_15 12,39� 12,3r9�8
d 0
09i650 R�51lIEUi'C Fi.L1f5RING 13,.+[b31 2.4D
Cuuu*Y V:*t I PIOnk v+ 5irr ar 2,190 s� 595 13,031 13,�31
FD 0
09�fi80 CA�tPET i�.l56 �kZ
Cer�et Til� in OltiCes 2,06 s b6.� 13,155 13,356
� @
04900 PAIHTIAIG 35.7�A G.57
$a e�ieawreJPairt 20,6Q4 s� 1.b5 33,997 33,9g7
Gy Cerili 95O i� 1.85 1,358 1,75$
� d
10450 EXTERIDR 536AWf$ - -
nwAet dwriet
Q O
10�20 FEfi's P,�Q50 �Q.19
FEC� 2 �8 523.A0 1,054 1,050
c o
��nao �n�cjwo��s �.� aaa
dAetel Entr Cs� 1llldwenee 1 Is 7,506.Qd 7,50G 7,5aQ
Q 0
3�800 TOH�TA�5L�1liE5 �.QiO �k.S9
Tae7ei At��s�aries 4 lot �DQAQ Bfl0 BOa
Allirra�s 2 ee 123.Qii 25Q 25Q
G 0
17320 IAi!lY�W ODVERWf,iS 7S� a3B
Window ShadeA. �aw��ce 1 !� 7.5�OA0 3,5�C 7,515D I
� 0 I
1�100 PWMBWG 50.� 9�.19
Plur�tdi G h1 6.23Q�00 3i.50� 37,5DD
Grease Tra� Reanar+al i Is 12,50D.� 12,5fX1 12,54D
Q 0 I
�500 NVAIC 9�,8�0 37_07
HyA,C !v6 Uan S,SDdAO 92.BD(Y 42.6D4
Slr►tiiip Br�0�ilw:ey Offioes QPC P�ge 2 bT 3 PfiMed. 5l�3
s�oao ��c�cac
!i " & Power
Fife 4Ua�rn terr
el� ! Data � In
CTOrfA1 �RE�T �ST
lebor �urden
5�.'eS Yaic
�n�ea� cor�nn►�Exc�r
iTmTA!
Ider's Ris& �nsurance
uerel EizD�ity P»iuranoe
!fd�eed and �rofi[
1 ! �
51 l793 97,6:2
s! Q_73 d.079
sE 2.25 12.23b
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w/
811
5�.94g
5d.�t8A
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Per Troy Piekering, 7ernert Constructr�n
pending $73,U43 additrorrs for a total
of $1,115,0�0� irr cosi.
160.9!
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16Q91
4�83
165�.74
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