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Home My WebLink AboutResolution - 2024-R0154 - CRGP Facade, Wooldridge Properties, LLC, 1526 East 19Th Street - 04/09/2024Resolution No. 2024-R0154 Item No. 6.14 Apri19, 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 �xhibit "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 Revitalization 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 Woolridge Properties, LLC, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by thc City Council on A ril 9, 2�24 TRA ATT 'ST: Courtney Paz, City Secreta APl'ROVEll AS TO CONTENT: Brianna Brown, Business Development Director APPROVED AS TO FORM: , elli Leisure, Senior Assistant City Attorney ccdocs/RES. Market Lubbock CRG �acadc 6xpenditure — Woolridge Prop 3.28.24 Resolution No. 2024-R0154 RE 2419 RESOLUTION APPROVING WOOLDRIDGE PROPERTIES, LLC AT 1526 E.19T'{ STREET CONIlVIERCIAL REVITALIZATION GRANT PROGRAM FA�ADE & PERMIITTABLE GRANTS 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, March 27, 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 Wooldridge Properties, LLC, is renovating their building at 1526 E. 19cn St., located within the East Lubbock Neighborhood Empowerment Zone as designated by the City of Lubbock. Since 2008, Wooldridge Properties has been providing Nonresidential Building Operators from Lubbock and is incorporated in Texas. The scope of fagade work includes repairing the exterior wall of the front fagade, new glass, new sidewalk, and parking lot totaling $50,000 in fa�ade expenses. The scope of permittable work includes demolition, HVAC and electrical work totaling $179,782 in permittable expenses. The total expense for this project is $229,782. The terrns 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 Wooldridge Properties, LLC a Commercial Revitalization Grant Program Fa�ade Grant for $25,000 and a Permittable Grant for $17,978 at 1526 E. 19'h Street, which is in the Lubbock Neighborhood Empowerment Zone, once proof of payment has been submitted. WHEREAS, The Board of D'uectors of MLI finds that an Economic Development Grant and Contract offering the incentive for providing assistance for renovations to their property, meet and comply with the qualifications and purposes of the Corporation for the granting of such Economic Development Grants and Contracts. Upon Motion by Director, Mr. Sonny Garza, and Seconded by Director, Dr. Lori Rice-Spearman, IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Wooldridge Properties, LLC, at 1526 E. 19"' Street, Lubbock, Texas. This Economic Development Grant and Contract will be on the normal terms and conditions of such Commercial Revitalization Grant Program and Contract offered by MLI to existing businesses and business prospects and authorize the CEO to enter into and execute all documents related to the Economic Grant and Contract. � John Osborne, President & CEO C%��/OiJ'�d�l.�J Linda Davis, Secretary IVIARKET LUBBOCK, INC. COMMERCIAL REVITALIZATION GRANT PROGRAM - _=-:�-= - -_ �,=��,.�..; .1'_. � J�. . 1 � � � i�� =i � �� i � ' . p.,r_ . .-.� _, � �.:� �r��•.� `rrJ , � : � �� : � �_rn ' . �� ' ��- -�= � r �� .��ln k._.��s' -�i� _•�� ,�.�.�, _ ��' c, .F at� � � ,,,,� _, . =��.�ti " .. . '..: :�.:,� �:� '` ��•;�. _ • �..r:. � :� + - . ,. � - � . . : �� _;� � � , "�, . , _ : _ � . � �y-�Y t ::;,z;d..✓';.. ; i Y. . . �:...j�.`. y;,� .��. �#,,;,'r��. - �- ; -r,� _ -� .. .. � � � ti:"y�'. �,'��c,.,#; . � f." . �:.q�..• i.�� 1 ' w�_ y„Y'. =H ��"Y�".L a': �'�`w. M/��.�.•Y•� . _ r. rT ;�-i . -C . w r;'�i.r�`— � • : . r'+' � ..*. ;fr�,,:... � ti�-P:- i,��s.-a.:_r- 'v .y �..��,:� �.d�� , 4".,�e^. r .r ' `� '� Y �� _ �� .. _� �..�'�. ..i-�'f�,`�''�,gl.a.y�..,+r'(.$";F —±,f-!h. Fi� _ ��"=y . y �.�.-.,�,:,•�.-�- . . ��y��ri „y� * �..ti. � . L�`" � �•w"i..r-�:.��'�._.�.+. �-a.LR�C � r� � :.x ' 7;�. .R � ' �{��.��w- �_ :l�i�rl. t �{,` � • f �. . . -.. ',! �nai�- r.:s_. �f. �: .�:� a� �� ' au .r � r1 , a •x .* .�'�. �s:a ,. xs. � = �= 1526 E. 19t" St. (Wooldridge Properties, LLC) TOTAL COMBINED SCOPE OF WORK =$229,782 COMBINED GRANT = $42,978 TOTAL FAC�ADE SCOPE OF WORK =$50,000 FA�ADE GRANT = $25,000 TOTAL PERMITTABLE SCOPE OF WORK =$179,782 PERMITTABLE GRANT = $17,978 �S_��:�� 1 1 I �'`�, 1 1 r� Commercial Revitalization Grant Program Presented to MLI Board March 27, 2024 Project 1526 E.19th St. (Fa�ade and Permittable) Wooldridge Properties, LLC, is renovating their building at 1526 E. 19t" St., located within the East Lubbock Neighborhood Empowerment Zone as designated by the City of Lubbock. Since 2008, Wooldridge Properties has been providing Nonresidential Building Operators from Lubbock and is incorporated in Texas. The scope of fa�ade work includes repairing the exterior wall of the front fa�ade, new glass, new sidewalk, and parking lot totaling $50,000 in fa�ade expenses. The scope of permittable work includes demolition, HVAC and electrical work totaling $179,782 in permittable expenses. The total expense for this project is $229,782. The MLI Board is being asked to consider a Commercial Revitalization Grant Program Fa�ade Grant for Wooldridge Properties, LLC totaling $25,000 and a Commercial Revitalization Grant Program Permittable Grant totaling $17,978 at 1526 E. 19th St. M A R K E T Commercial Revitalization Grant Program - 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: 806.749.4500 Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Email: ioraeCa�marketlubbock.or4 Date Initial Application Submitted (Due prior to sta�t of construction or permits assigned) 12/12/22 Projected Project Start Date Project Property Address Property LCAD R# C:ompany Name Street Address City, State, Zip ATION ABOUT THE COMPANY CONTACT Name Kyle Wo Title Member Phone Number 806-777 Email kwooldri� TBD 1526 E. 19th St., Lubbock, TX 79403 119952 INFORMATION ABOUT THE PROJECT Property Ownership: Own � Lease ❑ Owner Approved ❑ Grant Type (May choose both if applicable): Permittable � Fa�ade � Detailed Project Summary (including projected start date) and Description of Work: New Concrete Sidewalk, Re-Skin the exterior front elevation with a EIF/Stucco material and extend the parapet to make the elevation taller, Seal coat and restripe the parking lot, Repaint the remaining three sides of the building, re-roof, Signage. On the interior, sheetrock/tape/bed/texture and painting, flooring where needed, ceiling tile repair, updating bathrooms, add additional lighting 1 MLI 5.26.20 GENERAL INFORMATION ABOUT THE COMPANY Final bids will be used to calculate the project cost and grant amount. COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name Percent K le Wooldrid e 33.33 Clark Wooldrid e iii 33.33 Clark Wooldridge Jr 33.33 Is the firm registered with the Secretary of State's Office to do business in Texas? Yes .F 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 .F Has the company or principals of the company had prior bankruptcies or lawsuits? No � If vou answered "Yes" to either of the above two 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: ❑ Does the scope of work meet East Side 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 Comp►etion (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 5.26.20 Overview • An Applicant must be a valid Owner or Tenant (Lessee) of the property needing improvements • Properties must fall within the Lubbock Downtown TIF boundaries (Central Business District TIF) • 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 • FaCade 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): Date: 3 MLI 5.26.20 Wooldridge Properties LLC P.O. Box 6781 Lubbock, Texas 79493 Kyle: 806-777-2196 Bill To: Wooldridge Properties LLC P.O Box 6781 Lubbock, TX 79493 wooldridqepropertiesap(a�qmail.com DESCRIPTION Commercial Make Ready for Strip Center off 19th and MLK Jr Blvd Scope of Work Includes: Exterior Portion - Approx. 500sq ft of EIFS on Front Elevation - Replace Broken Glass/ Tint All Glass Store Fronts - Removal and Repour of Sidewalk - Parking Lot Reno - 6500sq ft of Existing Concrete Sealed and Stripped 5000sq ft of New Parking Prepped, Laid and Stripped - Approx. 2840sq ft of Exterior Painting Roof Landscape Signage Window Tint Interior Portion - Demizing Walls as Needed, Repaired and/or Cleaned Up and Refurbished - Paint and Texture Repairs Throughout - HVAC Repairs and Service to Existing Set Up - Flooring as Needed Throughout Tenant Spaces - Electrical Work to Refurbish and Replace as Needed and Profit -10% Progress Draws for Milestones Being Met - Any Balance Due Upon Completion Customer Signature: Date: Work Address: 1530 E 19th St Lubbock, TX Proposal DATE: January 20, 2024 $ $ $ TOTAL � $ �,'1C�1�1►� 149,041.00 80,740.80 229,781.80 ""`We Accept Cash, Check, or Credit Card(with handling fee)*" Make all checks payable to Madewell Construction Inc., 7314 73rd Street Lubbock, TX 79424 If you have any questions concerning this invoice, contact Jordan, 806-570-0264, jordan@madewell-construction.co 1526 19t" St. — Before PictureslRenderings - �. , . -�, _ _�,; ..._.,..�,�.:.�;: .; _ . , - � �- .� �.�: �. , � . . . _ ..� _ —�y. !�� . � . 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