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Home My WebLink AboutResolution - 2024-R0068 - Downtown Grant Program Permittable Exp, WJW Holdings, LLC,1507 13Th St - 02/13/2024Resolution No. 2024-R0068 Item No. 5.11 February 13, 2024 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 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 WJW Holdings, LLC is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on February 13, 2024 [AYOR ATTEST: � �� az, City Secretary APPROVED AS TO CO ENT: Brianna Brown, Business Development Director APPROVED AS TO FORM: elli Leisure, Senior Assistant City Attorney ccdocslRES. Market Lubbock DT Permittable Grant— WJW I .24.24 Resolution No. 2024-R0068 RE 24--07 RESOLUTION APPROVING WJW HOLDINGS, LLC AT 150713"' STREET - DOWNTOWN PERMITTABLE GRANT THE STATE OF TEXAS .K�IiJ��'1�7�r11�:]:Z�Z�7:� At a regular meeting of the Board of Directors of MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION, INC., a Texas nonprofit corporation (MLI), on Wednesday, January 24, 2024, 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 WJW Holdings, LLC at 1507 13°i Street, which is renovating the property, which is located in the Downtown TIF. Jim McCarley, Managing Partner with WJW Holdings, has 35 years of indusfial manufacturing experience encompassing aerospace, oil & gas, and other high-performance material marketplaces. 20+ years of executive leve) management of a diverse set of business structures ranging from multi-national corporations to innovation-based technology companies. The scope of permittable work will include the repair of structural damage in the basement totaling $59,531 in permittable 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 WJW Holdings, LLC a Downtown Permittable Grant for $5,953 at 1507 13'h Street, 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. Sonny Garza, and Seconded by Director, Mr. Brett Cate. IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with WJW Holdings, LLC for improvements to the property at 1507 13`�' 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,?/ ��:; i John Osborne, President & CEO , �/� Linda Davis, Secretary MARKET LUBBOCK, INC. - DOWNTOWN GRANT PROGRAM ��?DaN'r l�f:. . �lw�' ` , F�.! �y� . �.� � � �r -'r."^"'r. � r� •�. tin � � - -- -� �.. �- .� t � -- �-- - . i-' I • -- . . . ' �� :.�� _� 1507 13th St. (WJW Holdings, LLC) TOTAL SCOPE OF PERMITTABLE WORK =$59,531 PERMITTABLE GRANT = $5,953 M A R K E T Downtown Grant Program Presented to MLI Board ]anuary 24, 2024 Project 150713th St. (Permittable) WJW Holdings, LLC is renovating their property at 1507 13th St., located in the Downtown TIF. Jim McCarley, Managing Partner with WJW Holdings, has 35 years of industrial manufacturing experience encompassing aerospace, oil & gas, and other high performance material market places. 20+ years of executive level management of a diverse set of business structures ranging from multi-national corporations to innovation based technology companies. The scope of permittable work will include the repair of structural damage in the basement totaling $59,531 in permittable expenses. The MLI Board is being asked to consider a Downtown Permittable Grant for WJW Holdings, LLC totaling $5,953 at 1507 13th St. LUBB�CK. 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: Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Phone: 806.749.4500 Email: iorpeCc�marketlubbock.orq Date Initial Application Submitted (Due prior to start of construction or permits assigned) 02/18/23 Projected Project Start Date 03/15/23 Project Property Address 1507 13th Street, Lubbock Texas 79401 Property LCAD R# 112666 GENERAL INFORMATION Company Name WJW Holdin s, LLC Contact Jim McCarle Street Address 4513 Holl Street Title Mana in Pa�tner City, State, Zip Bellaire, Texas 77401 Phone 832-418-3093 Email im.mccarle mail.com INFORMATION ABOUT THE PROJECT Property Ownership: Own 0 Lease ❑ Grant Type: Permittable0 Fa�ade ❑ Project Summary Scope Under development. Initial scope to be Fa�ade Improvements, Solar Power Installation, HVAC Improvements COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name Percent If ou answered "No" to either of the above two uestions, lease ex lain Is the firm and/or principals delinquent on any federal, state or local tax obligations? Has the company or principals of the company had prior bankruptcies or lawsuits? No � No � MLI 3.821 Final bids will be used to calculate the project cost and grant amount. 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 "Yes" to either of the above two questions, please explain 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 Gerardi, 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 � orr@mylubbock.us) 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 � matching PAID invoices (legible copies) Signature (not required for electronic submittals)� Per email Date: 18-Feb-23 MLI 3.8.21 1507 13t" St. ,�,�� ..PUNTINGAREA� *� � � � PARImI[i1D'f af0li m [ �� . � Z J� �� -,}� =- _ .-0 m .o ' Y, �r ,a. -�"i�;� � Gi�':SY.'.'.. O j �^.��v.. '�a .�..�. -- -�;� ��W�' -;�:.�$.a � �� . _,n.s... � �r -� � � � � o tr o �'. __N .�. se � E711STN6 EASEYENTOFFSfT SECTIONA.A T � � i:�S= ,� •Rp}p� � �...v. � Oy .. ..� � :....�� '� SECTION B c D2 D4 PROPOSED WORK n 0 D4 i r � � � - � ��., �.:d"�.=..6..-r r�r-��t� � r � i i i i�r=r��r9r• i i (��"'P i i � �..m..i _i i i i i i I«o'f'"'� - �� i r�—r�i� i i i i i i i i i a�� i i i i i i i i i i i i i �� I 1 I I I I I I I I I I I� � i i i i i i i i i i i i i i L � i i i i i i i. d.�. i i i i i i i I I/-t�'7•^'y�'•lo`'•Y•"Y°�'fe'i' I I I I I � -L- t_i -L- +_ �-� � �-�— L-1-�+ - +_� � I I I I I I I 1 I I I I I I T � I I I I I I I I I I I I I D3 I I I I I I I I I 1 I I I I I� i i iE�CI�TI�IC� B�1S�I�E�JTi i i i. i = i i i i i frLOOR PLAN i i i i i� � ��.L�..I.�lo � � � � � � � � � � �g i"'i�'�I I I I I I I I I I� 1 I• . I I I I I,,,do,�,�„s.l„�l I I I I� I •- 1, I I I I I I�I I I�1..� I I I I f�� PARTIAL PLAN EXIST. GROUND FLOOR � . DOOR DETAILS � � �.., ry.;�„ ;e ` ;o � z� s � • �p�FAU15ip� =rQ� OETpI D O � �....a...- 5f� �.. . �xM wc, �._- �r ��. DEIa0.D5 �� . rcnrc� _ 'I waw {8� _'_ � . I ul��n � " W4u0N¢Oxf��_ " 1 _GWSGc .71'� DETAIL D 2 STEEL B TYPICAL FON P TALL YEIffIGL SUPPOFfB qi EA9T L WES7 WALLS �S)'.a..�. ' � �. ` . w .r.m � f�. �: ��R � ef� y �FQ�� monax.o.�.�m .��,n.F.��.�r_. —_��o,�x�: �1a—.. - �7 �... IV % % DETAiL O 8 DETAIL D 7 DETAIL D 8 e � �. ��"'r'° NOTE lor STEEL FRAMING At1 NIELD9 SNOWN ON PlANS ME TO BE I.NDE IN THE CONTRACTORS: Al1 THE SUPPOPT WG FfUMEWOPo( CONNECTIONS ARE TO BE BOLTED ON THE,p& iHE CONTRACTOR MAS THE OPTqN TO W ELD TME " AE OR ALL OF TH COM�EC710N3ON THE JOB PROVIDED THAT THE WELDS ME DESKiNED TO CMRY TME E7�ECTED LOADS AND TMNT THE JOB IS VENTILAiED (E%FlpiJ$T AND SUPPLY AIR FANS) SO THI1T WEIDWG FUMES OO NOT MIGMTETOANYOTHER PO(iT10NONTHEBU�LDWGABOVE FiELD WELaNG WOULD ELII.CNATE THE NEED FOR CLIP ANGLES SECURMG iME VERTICAL MSSB•2 TO THE BOTTOM & �.7118 ANGLE AT TME FLODR. TME PROP0.4AL TO USE FIELD WEIDING MUST DETAIL SIZE OF WELDS AND SMOW MEANS OF VENTNLiION TO Ov�T510E OF THE BUILDING THE PFOPQ�AL REOUIRESOWNER511PPRdVAL INAOVANCE OF TME OPTqN BEING PUT WTO USE .w.r...++r.a.�w�r�...�nrr�snro«vaw.�rr.wnmo��ns..� m�..�mwn.r..o - C � � � ' ��i��l�i��l��i��^_.,. ��g�� - � �� . _._. ....__'__ --__-____..__.____ _._._.__._ _._ _ _.._.__ � \' � �� !� �� iE� �� e; � �y5��1 @g�6�s E 3 �� W�� - ��; �= ��• A �;��LL� �� g=B�A �� . h 2 i � j� � � ��l��i%II� � �' ��icr��, ��Ir� . : Mailing Address: 112 E. 82nd Street Lubbock, Tx. 79404 Office Phone: (806) 745-9444 Office Fax: (806) 745-8722 DATE 4-Dec-23 PROJECT NAME Name DESCRIPTION Permits and Fees Carnet Protection SOLD T0: Jim McCarley 150713th Street Lubbock Texas Attn: Jim McCarley TYPE COST PROPOSAL $ $ $ $ $ $ $ $ $ S PRICE 975.00 500.00 875.00 33,500.00 2,200.00 2,533.00 1,000.00 2,800.00 500.00 2,000.00 Cleaning Company Metal Work in Basement Demo for poor and Steel Lintel Install Doors and Hardware Doors and Hardware Install Paint, Tape, Bed, Texture (E�erior and Interior as discussed) Sheetrock Repair for door opening Electrical List exclusions here Cost: $ Misc. Labor and Material: $ Profit (15%): $ Renovation Tax 8.25%: $ Tota/ Contract Amount: $ CustomerAuthorization to Proceed with Above Scope of Work: James L. McCarley �x��lC' Customer Name Printed Customer Signatur 46,883.00 937.66 7,173.10 4,536.99 59.530.74 12/4/2023 Date 1507 13t" - Before Pictures ,, ��.� �.� s� _ . -� -�-�-� ��, -- - �,.;. �,. ,L ; �� 4 '� ._ � � �'� k' �F: � ,c, ai�f7! � � � I � 'q�'r . '@ fn:l,�:_.�s.. - ��i � � " tiw. �. . as � • L °iF�.t : ��+� � � �� ^ _ .• _� _. `%;!�-`;•.r�.i3 ��.- .�.. , . ., ..�).' , . .e:"'I�.:. �'��- ' -:�:. 7�,�,';: ,. _�. :