HomeMy WebLinkAboutResolution - 2023-R0514 - Property Insurance Coverage, AEGIS, Talbot And Hiscox; $0.2666/$100 - 10/24/2023Resolution No. 2023-R0514
Item No. 5.5
October 24, 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 Commercial Rcvitalization 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 Wienerschnitzel, is hcreby approved pursuant to Section 5 of
the Amended and Restated Bylaws of the Corporation.
Passed by the City Council on October 24, 2023
ATTEST:
Courtney Paz, City Secr
APPROVED AS TO CONTF.NT:
G�i��/1'L4(.i
Brianna Brown, Business Development Director
APPROVED AS TO FORM:
� r
K lli Leisure, Senior Assistant City Attorney
ccdocs/RES. Market Lubbock CRG Facade Expenditure — Wienerschnitzel
10.2.23
Resolution No. 2023-R0514 RE 23-56
RESOLUTION APPROVING
PALMETTO ASSETS, DBA WIENERSC�INITZEL#428 AT 301 UNIVERSITY
CONIlViERCIAL REVITALIZATION FA�ADE GRANT
THE STATE OF TEXAS
COUNTY OF LUBBOCK
At a regular meeting of the Board of Directors of MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION, 1NC.,
a Texas nonprofit corporation (MLI), on Wednesday, September 27, 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
Palmetto Assets, dba Wienerschnitzel #428, which is renovating its property at 301 University Ave, located within the Lubbock
Neighborhood Empowerment Zone as designated by the Ciry of Lubbock. Palmetto Assets, helmed by Lowry Hughes entered the Lubbock
Marketplace in August 2007. After nearly 25 years at Galardi Group, Wienerschnitzel's Franchisor, Lowry became the franchisee of
Wienerschnitzel 428 located at 301 University Blvd. By February of 2008, Palmetto Assets' 2nd location (785) was opened in the South
Lubbock azea at Milwaukee and 82nd. In Apri12010, PaLnetto Assets purchased two existing Wienerschnitzel locations and quickly began
updates and upgrades. The Quaker and Loop location went through a significant renovation including the restoration of the beloved Baron
Von Wienerschnitzel airplane that has been enjoyed for many years by kids and kids at heart. The South University Wienerschnitzel aiso
received some operational based upgrades. Lubbock growth continued to be a great asset for Palmetto Assets and as such in February 2017
the 5'� Palmetto Assets Lubbock location opened on 4th and Frankfort (857). That location was built with sale in mind to one of the
longtime operators allowing those operators to become a Franchisee themselves. With the sale of 857 complete and another Lubbock
location identified, Palmetto Assets purchased and renovated a building that had sustained significant fire damage. Lowry decided it was
time for him to start planning for the continuation of his Lubbock inveshnent and brought in the second generation to start training. Katie
Hughes Mallory was hired and began her training to take over Palmetto Assets and continue the Lubbock Wienerschnitzel success. By
October 2019, Wienerschntzel 880 was open and Lubbockites were happy to have a Wienerschntizel on 34th Street again. During the
pandemic, Palmetto Assets kept the focus on safety while continuing to serve the Lubbock Community. Palmetto Assets is continuing to
look for additional site options in the Lubbock area and updating and renovating the current locations in the meantime. As of 2023, Palmetto
Assets owns 5 of the 7 Lubbock Wienerschnitzel locations.
The scope of the facade work includes new signage, awning, fence, and landscaping totaling $50,165 in fa�ade 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 Palmetto Assets Commercial Revitalization Fa�ade Grant for $25,000 at 301 Universiry, which is in the Lubbock
Neighborhood Empowerment Zone designated by the City of Lubbock, 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, Dr. John Opperman.
IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Palmetto Assets
for improvements to the property at 301 University, Lubbock, Texas. This Economic Development Grant and Contract will be on the normal
terms and conditions of such Commercial Revitalization Grant 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.
1�7�^�--•
John Osborne, President & CEO
• .l�Q�
Linda Davis, Secretary
MARKET LUBBOCK, INC.
COMMERCIAL REVITALIZATION GRANT PROGRAM
301 University Ave
(Wienerschnitzel)
TOTAL FAC�ADE SCOPE OF WORK =$50,165
FA�ADE GRANT = $25,000
M A R K E T
1 1 I •„`�,
1 1 r�
Commercial Revitalization Grant Program
Presented to MLI Board
September 27, 2023
Project 301 University (Fa�ade)
Palmetto Assets, dba Wienerschnitzel #428, is renovating its property at 301 University Ave, located
within the Lubbock Neighborhood Empowerment Zone as designated by the City of Lubbock.
Palmetto Assets, helmed by Lowry Hughes entered the Lubbock Marketplace in August 200�. After nearly 25
years at Galardi Group, Wienerschnitzel's Franchisor, Lowry became the franchisee of Wienerschnitze1428
located at 3oi University Blvd. By February of 2008, Palmetto Assets' 2nd location (�85) was opened in the
South Lubbock area at Milwaukee and 82nd. In April2oio, Palmetto Assets purchased 2
existing Wienerschnitzel locations and quickly began updates and upgrades. The Quaker and Loop location
(405) went through a significant renovation including the restoration of the beloved Baron Von
Wienerschnitzel airplane that has been enjoyed for many years by kids and kids at heart. The South University
Wienerschnitzel (�29) also received some operational based upgrades.
Lubbock growth continued to be a great asset for Palmetto Assets and as such in February 2oi� the 5th
Palmetto Assets Lubbock location opened on 4th and Frankfort (857). That location was built with sale in mind
to one of the longtime operators allowing those operators to become a Franchisee themselves. With the sale of
85� complete and another Lubbock location identified, Palmetto Assets purchased and renovated a building
that had sustained significant fire damage. Lowry decided it was time for him to start planning for the
continuation of his Lubbock investment and brought in the second generation to start training. Katie Hughes
Mallory was hired and began her training to take over Palmetto Assets and continue the Lubbock
Wienerschnitzel success. By October 2oi9, Wienerschntze188o was open with great fanfare and Lubbockites
were happy to have a Wienerschntizel on 34th Street again. During the pandemic, Palmetto Assets kept the
focus on safety while continuing to serve the Lubbock Community. Palmetto Assets is continuing to look for
additional site options in the Lubbock area and updating and renovating the current locations in the
meantime.
As of 2023, Palmetto Assets owns 5 of the � Lubbock Wienerschnitzel locations and is grateful to the wonderful
people of Lubbock who love Wienerschnitzel's World Famous Chili Dogs!
The scope of fa�ade work includes new signage, awning, fence and landscaping totaling $50,165 in fa�ade
expenses.
The MLI Board is being asked to consider a Commercial Revitalization Grant Program fa�ade grant for
Palmetto Assets totaling $25,000 at 301 University Ave.
LUBB�CK�
Commercial Revitalization 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 - Special Projects Phone: 806.23.8241
Market Lubbock, Inc.
1500 Broadway, Sixth Floor, Lubbock, TX 79401 Email: ior4eCa�marketlubbock.or4
Date Initial Application Submitted (Due prior to start of construction or permits assigned) 06/19/23
Projected Project Start Date 08/01/23
Project Property Address
Property LCAD R#
Company Name Palmetto Assets / Wienerschnitzel 428
Street Address PO Box 6670
City, State, Zip Lubbock, TX 79493
GENERAL INFORMATION ABOUT THE COMPANY CONTACT
Name Katie Mallo
Title Director of O erations
Phone Number 843-412-4430
Email katieCa�palmettoassets.com
INFORMATION ABOUT THE PROJECT
Property Ownership:
Own ❑
Grant Type (May choose both if applicable): Permittable ❑
Detailed Proiect Sum
start date) and
Lease �
Owner Approved 0
Farade �
of Work:
This project aims to clean up and update the building at 301 University. The biggest visual change will be all new
signage including building, awning and monument signs that are more modern. The landscaping will be updated
in an effort to reduce our water usage needs and clean up the look from the street. Then a new fence will be
erected at the rear of the qroqertv. Finallv wood rot and other buildin4 needs will be addressed.
Awning and Signage
Fence
Fa�ade
Landscaping
Granite Gravel
Site One Landscaping
Fina/ bids wil/ be used to
1
�ed Reimbursement
$12,836
$3,495
$537
$951
TOTAL $50,165
ct cost and grant amount.
MLI
$1,748
5.23.23
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 �
Are you in good standing with the State of Texas? Yes �
If vou answered "No" to either of the above two
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
Is the firm receiving tax revenue from any government agency? No �
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:
❑ Scope of work meets East Side/34th St./N. University 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 5.23.23
Overview
• An Applicant must be a valid Owner or Tenant (Lessee) of the property needing improvements
• Properties must fall within the East Side, 34th St., or N. Lubbock Neighborhood Empowerment Zones
• Single-Family residences and duplexes are excluded.
• An Applicant is eligible to receive a permittable grant and/or fa�ade 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 applicanYs 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 $5,000
• The permittable grant reimburses 10% of approved expenses up to a$50,000 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 fa�ade grant reimburses 50% of approved expenses up to a$25,000 grant
• Fa�ade 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 fa�ade
Signature (not required for electronic submittals): Katie Mallory per email
Date: 6/19/2023
MLI 5.23.23
301 University — Wienerschnitzel 428
��. �; .
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0
►ay requested every hvo weeks for wo�c completed. Payment must be made on or before the llh day after receiving �t11.
� the event that it might hec�me necessary to p�aoe this acxount w�th an attorney for aollectivn, 8uyer agrees to pay in addilion
� lfro prindpal amount thereoi wlth interest and other lawful charges, all cost oand expenses of collediv� including a reasanabie
�aneys' fee Past due accounfs subJec! to a FINANCE CHARGE OF 1 1Y# � per manth which is an ANNUA� PERGENTA��
Ar�oF���.������:..�.�-__, �.��__,., . Y
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Prepared For
A + Fence Repair & Installation
5607 County Road 6170
Lubbock, TX 79415
Phone: (806) 535-5351
Email: fencerepairlubbock@gmail.com
Web: www.aplusfencerepair.com
Description
Remove Vines & Haul Off (East Of Parking Lot)
Remove Cinder Block Fence (South Of Parking Lot)
1x4x6 Dogear Cedar (East Of Parking Lot)
1x4x6 dogear cedar w/2x4 rails & sch 20 metal posts
1x4x6 Dogear Cedar (Dumpster Encloser)
1x4x6 dogear cedar w/2x4 rails & sch 20 metal posts
Chain Link Double Drive Gate (Dumpster Encloser)
Privacy Slats For 6' Chain Link Gates
1 x4x6 Dogear Cedar (South Of Parking Lot)
1x4x6 dogear cedar w/2x4 rails & sch 20 metal posts
Katie Mallory - Wienerschnitzel
301 University
Lubbock, TX
(843) 412-4430
Estimate #
Date
8821
06/19/2023
Quantity
1
50
95
19
1
1
50
Total
$400.00
$750.00
$3,610.00
$608.00
$1,450.00
$475.00
$2,250.00
Stain 6' Wood Fence 1,728 $1,036.80
Note: Stain pricing includes all materials (Wood Defender @ recommended 150 sq ft per gallon),
site preparation, labor, clean-up. The average life is expected to last between 3-4 years depending
on stain selection and the fence itself.
Page 1 of 2
Su btota I $10,579.80
Total $10,579.80
PLEASE NOTE: Estimates are good for 7 days. In order to lock in your pricing on materials and a
place on our schedule we will ask that you put down a 50% deposit to cover a portion of the
costs. We will have to pay for 100% of your materials the day we lock it in with our suppliers. Any
canceled orders will be subject to a 10% restocking fee. Thank you for understanding!
This price already includes a 4% discount for payment by cash, or check. If paying with a
credit/debit card you will void that discount and the 4% will be added to your total. Any balance
is due in full upon completion of job.
Page 2 of 2
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. I M A G E
May 10, 2023
Palmetto Assets
Katie Hughes Mallory
119 Coming St.
Charleston, SC 29403
Ref: Wienerschnitrel # 428 Lubbock
We are pleased to quote the following:
Manufacture (1) 15' illuminated canopy with turnbuckles. $6,243.00
Manufacture (2) 4' x 6' illuminated W logo wall signs. $4,098.00
Manufacture (1) 36" x 63" illuminated TF wall sign. $1,660.00
Manufacture (2) W faces and (2) TF faces for monument sign. $3,124.00
Crate and ship to Lubbock, TX with canopy for #785 (under separate order). $4,040.00
Remove/dispose of existing awning and banner frame on building. Install above signs and
canopy as per our designs # 51504-001 — 008. $6,149.00
Design fees for permitting. $358.00
$25,672.00
Power to be brought to right building elevation by owner.
Price excludes sales tax.
Permit fees & acquisition will be billed at actual cost as an extra.
Patch and painting of building fascia after sign removal by owner.
Terms: 50% deposit, balance due upon completion.
This quote is valid for 15 days and is based on current material costs and availability.
Thank you for the opportunity to quote. Feel free to call me should you have any questions.
Best regards,
Encore Image, Inc.
CdrerJ. Northcott
Corey Northcott
Approved by
Date
Exceptional Signs and Awnings Since 1945
303 W. Main Street, P.O. Box 9297, Ontario, CA 91762-9297
800/791-1187, x303 F: 909/988-6376 D: 909/230-5577
State License #947727 C45
301 University — Wienerschnitzel 428
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