HomeMy WebLinkAboutResolution - 2024-R0066 - Downtown Grant Program Façade Exp, Tom's Daiquiri, 1802 Buddy Holly Ave - 02/13/2024Resolution No. 2024-R0066
Item No. 5.9
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 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 Tom's Daiquiri Place, Inc., is hereby approved pursuant to Section 5 of the Amended and
Restated Bylaws of the Corporation.
Passed by thc City Council on February 13, 2024
ATTE T:
Courtney Paz, City Secretary ��
A a; MAYOR
�
APPROVED AS TO CONTENT:
Brianna Brown, Business Development Director
APPROVED AS TO FORM:
, �.
elli Leisure, Senior Assistant City Attorney
ccdocsiRES. Market Lubbock DT Facade L:xpenditure Toms Daiquiri
l 24.24
Resolution No. 2024-R0066
RE 24--10
RESOLUTION APPROVING
TOM'S DAIQUIItI PLACE, INC.
AT 1802 BUDDY HOLLY AVENUE — 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 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 Tom's Daiquiri Place, Inc. at 1802 Buddy Holly Avenue, which is making improvements to the exterior of their
property, which is located in the Downtown TIF. Derek Hunter, President, and the ownership group have been a fixture in the
Depot District for several years.
The scope of facade work will include installing new signage totaling $13, 234 in fagade 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 Tom's Daiquiri Place, Inc. a Facade Grant for $6,617. at 1802 Buddy Holly Avenue, which is in the Downtown
TIF, once proof of payment has been submitted.
WHEREAS, The Board of Directors of ML[ 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
Tom's Daiquiri Place, Inc. for improvements to the property at 1802 Buddy Holly Avenue, 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.
l.�*^"�--.
John Osborne, President & CEO
_L�!�� '
Linda Davis, Secretary
MARKET LUBBOCK, INC. - DOWNTOWN GRANT PROGRAM
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1802 Buddy Holly Ave
(Tom's Daiquiri Place, Inc.)
TOTAL FAC�ADE SCOPE OF WORK =$13,234
FAC�ADE GRANT = $6,617
M A R K E T
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Downtown Grant Program
Presented to MLI Board
January 24, 2024
Project 1802 Buddy Holly Ave (Fa�ade)
Tom's Daiquiri Place, Inc., at 1802 Buddy Holly Ave, is making improvements to the exterior of their
property, located in the Downtown TIF.
Derek Hunter, President, and the ownership group have been a fixture in the Depot District for several
years.
The scope of fa�ade work will include installing new signage totaling $13,234 in fa�ade expenses.
The MLI Board is being asked to consider a Downtown Fa�ade Grant for Tom's Daiquiri Place, Inc.
totaling $6,617 at 1802 Buddy Holly Ave.
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: iorqeCa�.marketlubbock.orq
Date Initial Application Submitted (Due prior to start of construction or permits assigned) 1.1724
Projected Project Start Date 1.24,24
Project Property Address 1802 Budd Holi Ave, Lubbock, TX 79401
Property LCAD R# 130743
GENERAL INFORMATION
Company Name Tom's Dai uiri Place, Inc. Contact Derek Hunter
Street Address 1802 Budd Holl Ave Title President
City, State, Zip Lubbock, TX 79401 Phone 806-928-9320
Email Derekhunter123 aol.com
INFORMATION ABOUT THE PROJECT
Properry Ownership: Own 0 Lease ❑
New signage
Grant Type
TOTAL
to calculate the project cost and grant amount.
Permittable❑ Fa�ade 0
Projected MLI A ro�
$13,234 $6,617
S7 3.234 $6.617
COMPANY BACKGROUND
List any person or entity that has at least 5% ownership in the Applicant Company:
Name Percent Name Percent
Derek Hunter 34% Dustin Six 33%
Lance Lusk 33%
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 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?
answered "Yes" to either of the above two
MLI
No �
No �
11.17,23
Is the firm receiving tax revenue from any government agency? No �
Is the firm a non-profit entity?
APPLICANT'S CHECKLIST:
No �
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 (Iegible copies)
Signature (not required for electronic submittals): Derek Hunter
Date: 1/17/24 per email
MLI 11.17.23
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Post Office Box: 87
Annarillo, TX 79105
www.skyrite.com
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By signing bc�ow, I confirm that I am autharix�d �y C�stom�r ia enter into this Agreerr�ent
I h�e read, understand, end expressly acgee bo the Propvsal and the Terms and Conditior� detailed
ra� pages otu� arui two. YF�is ProPosal may be withdr�wn in 30 days if not accepted.
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SIGN CO.
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1802 Buddy Holly Ave
LUBBOCK, TX
VECTOR ARTWORK/LOGO lAi or PDF> � VES ❑ NO
' ADDfi1-•NAL C H.4FGE TO V ECTORIZE LOGO
PRICES SVBJECT f0 CHANGE AFTER VECTOR4'_ED LOGO REC�IVFu
nCCOUrvT EXECUTIVE ISAAC HERNANDEZ
DESIGNED BV SHELBY i. FRR�ZALES
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OELEVATION� BLADE SIGN
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�UARTER VIEW
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-0vxall Dimensian: AS SHOWN FACE Atuminum & Aaylic
-TripleFattdPushThruMetalSignGbinet VIMfL:i60
{NC Routed Push Thru Aaylk Graphfa PAIM: &adc
-LEDs far Irrtemal Llghting LEDS: Whih
-Marrrted on (Wall/Cnlumn)
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SIDE VIEW
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-0re211 Dimensia�: AS SNOWN
andudes i�tali tor proposed signage
-Submittal & Acqutsitlon of Permit
-StafFTime: Design, DaumenUdon, khedulmq etc.
CIIFNt GNATUNE:
��p�� o�hQ1/10I2024 i
40.8"
-0verall Dimernion: As Shown
-Rou[ed .080 Aluminum iace Badced w/Acrylic
-0ear Badc for Rear Illu�natbn
-Indudes Install
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FRONT/BACK
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