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HomeMy WebLinkAboutResolution - 2025-R0320 - DT Grant Permittable, Burrito King, 1620 Avenue Q - 07/08/2025Resolution No. 2025-R0320 Item No. 6.28 July 8, 2025 RESOLUTION WHEREAS, pursuant to Article IV, Section 5 of the Amended and Restated Bylaws of the Market Lubbock Lconomic Development Corporation (the "Corporation"), the City Council of the City of I,ubbock (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 expcnditure, as proposed to the City Council by the Corporation, as set forth in Exhibit "A" attachcd hcreto and incorporated herein by reference; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT thc Downtown Permittable Grant program or expenditure of the Corporation, in the amount sct forth in I:xhibit "�1" attached hereto and incorporated herein by reference, to be provided to I3urrito King is hereby approved pursuant to Section 5 of the Amended and Restated I3ylaws of the Corporation. Passcd by thc City Council on _ July 8, 2025 � � MARK W. MCBRAYE ,1NAYOR ATTEST: Couriney Yaz, City Scc ctary APP OVEll AS TO CONTENT: Brianna I3rown, I3usiness Development Director APPROVED AS TO FO1tM: rt lli Leisurc, Senior Assistant City Attorney ccdocs/RGS. Markct Lubbock D1' Pcrmittable Grant I3urrito King 6.25.25 Resolution No. 2025-R0320 RE 25-36 RESOLUTION APPROVING BURRITO KING,1620 AVENUE Q DOWNTOWN GRANT PROGRAM FA�ADE AND PERMITTABLE 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, June 25, 2025, 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 Burrito King that is renovating their property at 1620 Avenue Q which is located in the Downtown TIF as designated by the City of Lubbock. The fapade work will include new signage and exterior painting totaling $18,338 in expenses. The permittable work will include a new roof totaling $32,700 in expenses. The grant application for this project was received on April 19, 2025. 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 Burrito King a Downtown Fagade Grant totaling $4,585 and a Downtown Permittable Grant totaling $1,635 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. Jordan Wheatley, and Seconded by Director, Ms. Sarah Bevers, IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Burrito King, 1620 Avenue Q, Lubbock, Texas. This Economic Development Grant and Contract will be on the normal terms and conditions of such Downtown 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. �� John Osborne, President & CEO d,,w �i"��Wr/ yd e Coleman, Secretary MARKET LUBBOCK, INC. - DOWNTOWN GRANT PROGRAM 1620 Avenue Q (Burrito King) TOTAL SCOPE OF WORK = $51,038 TOTAL GRANTS = $6,220 (50% of $12,439 baseline) TOTAL FAC�ADE SCOPE OF WORK =$18,338 FA�ADE GRANT = $4,585 (50% of $9,169 baseline) TOTAL PERMITTABLE SCOPE OF WORK =$32,700 PERMITTABLE GRANT = $1,635 (50% of $3,270 baseline) BASED ON THE PO/NTS MATR/X PROGRAM M A R K E T 1 1 I �, 1 1 r� Downtown Grant Program Presented to MLI Board June 25, 2025 Project 1620 Ave Q(Fa�ade and Permittable) Burrito King at 1620 Ave Q is making improvements to the exterior of their property, located in the Downtown TIF. Burrito King is a locally and family-owned Mexican Restaurant serving downtown Lubbock since 2009. The Rodriguez family, originally from Guanajuato, Mexico, has honored their rich heritage by serving authentic cuisine native to their roots. The scope of fa�ade work will include new signage and exterior painting totaling $18,338 and the permittable scope will include a new roof at $32,700 for a total of $51,038 in expenses. The Points Matrix Worksheet total was 60 points, equating to 50% of the baseline grant amount. The MLI Board is being asked to consider a Downtown Fa�ade Grant for Burrito King totaling $4,585 and a Downtown Permittable Grant of $1,635 at 1620 Ave Q. LUBB�CK. Downtown Crant 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 - Director of Downtown & Special Project: Phone: 806.749.4500 Market Lubbock, Inc. (MLI) 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Email: iorge@marketlubbock.orq Date Initial Application Submitted 04/19/25 MLI Use Only: Projected Project Start Date TBD Ownership address within � Lubbock County � Project Property Address 1620 Ave Q, Lubbock, TX 79401 Property owned or leased � Property LCAD R# 135778 less than 18 months *No delin uent ro ert taxes � GENERAL INFORMATION Company Name Burrito Kin Contact Chris Rodri uez Street Address 1620 Ave Q Title Admin City, State, Zip Lubbock, TX 79401 Phone 806-392-6041 Email INFORMATION ABOUT THE PROJECT Grant Type: Permittable ❑ Fa�ade ❑ Both 0 exterior paint, new signage MATR/X PO/NTS 60 FA�,ADE GRANT $4,585 PERCENT 50% PERMITTABLE GRANT $1,635 TOTAL GRANT $6,220 MLI 2.11.25 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 Are you in good standing with the State of Texas? Office to do business in Texas? answered "No" to either of the above two auestions Yes Yes 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 agenc�i? No Is the firm a non-profit entity? (Does the firm pay property tax and/or sales tax?) No PROPERTY OWNERSHIP 'Does the grant applicant own the property? Yes 'If no, does the applicant have written owner approval of the scope of work? N/A DOCUMENTS REQUIRED FROM APPLICANT FOR FINAL GRANT APPLICATIION Copies of City permits, if applicable (obtained after initial grant app) ❑ 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) ❑ POINTS MATRIX (These answers will be used bv MLI to determine qrant amounts.) CURRENT PRIMARY USE (s� (Choose One) Parking Lot Surface ❑ Parking Garage: Private ❑ Parking Garage: Public ❑ StorageNacant ❑ Operating Business: Non-Profit ❑ Operating Business: For-Profit � Residential: Market Rate ❑ Residential: Affordable ❑ CURRENT SECONDARY USE (sfl (Choose One) Not Applicable � Parking Lot Surface ❑ Parking Garage: Private ❑ Parking Garage: Public ❑ StorageNacant ❑ Operating Business: Non-Profit � Operating Business: For-Profit ❑ Residential: Market Rate � Residential: Affordable ❑ FUTURE PRIMARY USE s Choose One Parking Lot Surface Parking Garage: Private ❑ Parking Garage: Public ❑ Storage/Vacant ❑ Operating Business: Non-Profit ❑ Operating Business: For-Profit ❑� Residential: Market Rate ❑ Residential: Affordable ❑ FUTURE SECONDARY USE (sfl (Choose One) Not Applicable 0 Parking Lot Surface ❑ Parking Garage: Private ❑ Parking Garage: Public ❑ StorageNacant ❑ Operating Business: Non-Profit � Operating Business: For-Profit ❑ Residential: Market Rate � Residential: Affordable ❑ Percent MLI 2.11.25 CAPITAL EXPENDITURES (Choose One) Less than $100,000 � $100,000 to $249,999 ❑ $250,000 to $499,999 ❑ $500,000 to $999,999 ❑ $1,000,000 to $2,499,999 ❑ $2,500,000 to $4,999,999 ❑ $5,000,000 or more ❑ ADDITIONAL APPLICANT RESPONSIBILITIES NEW FTE JOBS TO DOWNTOWN (Choose One1 None 0 1 - 4 FTE Jobs ❑ 5 - 9 FTE Jobs ❑ 10 or more FTE Jobs ❑ 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 Brown, Business Development Director, City of Lubbock, bbrown@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? ❑ Items Required at Successful Completion of Construction Certificate of Occupancy or Similar Ciry 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): Date: ❑■ R■ MLI 2.11.25 Points Matrix - Percent Calculation 1620 Ave Q Burrito King Property Ownership For Profit Non-Profit Pts Existing owner (>18 mos) 15 15 5 0 15 Has owned the property longer than 18 months. New owner (518 mos) 25 0 10 0 0 New owner wanting to make immediate improvements. Local (primary address Counry of Majority owner's primary residence is located in Lubbock Lubbock) 25 25 10 0 25 County. Nonlocal (primary address Majority owner's primary residence is located outside outside County of Lubbock) 15 0 5 0 0 Lubbock County. 40 Property Primary Use (s� Choose1 Current: Parking Storage c Vacant 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Operating biz: Non Operating biz: Comm Operating biz: Headqu� Residential: Market Property Secondary Use (s� Choose 1 Current: Parking Vacant 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Future Choose 1 Operating Biz: Operating Biz: Operating Biz: NonProfit Commercial Headquarters 20 0 50 0 50 0 30 0 40 0 40 0 5 0 30 0 40 0 0 0 20 20 30 0 0 0 40 0 10 0 0 0 10 0 10 0 0 0 10 0 20 0 Future NonProfit 20 0 30 0 5 0 0 0 0 0 0 0 0 0 Operating biz: NonProfit Operating biz: Commercial Operating biz: Headquarters Residential: Market Rate Residential: Affordable Parking Parking Lot: Current: Surface Parking lot: Surface 5 0 Parking garage: Private 0 0 Parkino aaraae: Public 0 0 Capital Expenditures Commercial 50 0 40 0 30 0 20 0 40 0 10 0 10 0 Residential: Residential: pts Market Rate Affordable 35 0 20 0 0 35 0 20 0 0 35 0 20 0 0 20 0 5 0 20 20 0 5 0 0 10 0 0 0 0 20 0 0 0 0 20 1 Market Rate 35 0 35 0 35 0 20 0 20 0 10 0 20 0 Headquarters 50 0 40 0 40 0 30 0 10 0 10 0 20 0 Future: Parking Garage: Private 30 0 10 0 5 0 <$100,000 (0 Points) 0 $100,000 - $249,999 (3 Points) 0 $250,000 - $499,999 (6 Points) 0 $500,000 - $999,999 (10 Points) 0 $1,000,000 - $2,499,999 (20 Points) 0 $2,500,000 - $4,999,999 (35 Points) 0 $5,000,000 or more (50 Points) 0 Cap Ex. Points 0 Parking Garage: Public Points 50 0 0 30 0 0 10 0 0 Grant Payout Percentage PERMITTABLE 50% $1,635 75% $2,453 100% $3,270 125% $4,088 150% $4,905 Total Points: <50 Not eligible 50 to 74 50°Io of your project 75 to 99 75% of your project 100 to 124 100% of your project 125 to 149 125% of your project 150 or more 150% of your project FTE Jobs New to Downtown FA�ADE None (0 Points) 0 50% $4,585 1- 4 Jobs (5 Points) 0 75% $6,877 5- 9 Jobs (10 Points) 0 100% $9,169 10 or more Jobs (20 Points) 0 125% $11,461 New Jobs Points 0 150% $13,754 Residential: pts Affordable 20 0 0 20 0 0 20 0 0 5 0 0 5 0 0 0 0 0 0 0 0 0 GRAND TOTAL 60 TOTAL 50% $6,220 75% $9,329 100% $12,439 125% $15,549 150% $18,659 Elation Proqerty Services, LLC 214 Black Walnut DR Garland, TX 75044 May S�h, 2025 1620 Ave Q Lubbock Tx, 79401 Below is the scope of work and options proposed by Elation Property Services, LLC. Re-roof Remove old roofing system, $27,200 install 32 sqs of 60 Mil TPO membrane. Remove clay tile, install 10 sqs $5,500 of inetal roof. Total: $32,700 • Contractor will provide all materials and labor needed. • 10-year workmanship warranty. �_�� `�� Eliseo Casillas 469-323-4917 Eli@elationpropertyservices.com Elation Property Services, LLC 214 Black Walnut DR Garland, TX 75044 May 5�'', 2025 1620 Ave Q Lubbock Tx, 79401 Below is the scope of work and options proposed by Elation Property Services, LLC. Re-paint Repaint entire exterior of $8,500 building. Total: $8,500 • Contractor will provide all materials and labor needed. �_�� L �� Eliseo Casillas 469-323-4917 Eli@elationpropertyservices.com 1620 Ave Q- Sign Bid � MbNUM�NT pE7�ILS � � x� O . � v ��i . � �1b20 AVE G1�r �'' � o onw � � t� BOLI.ARp �} � o-rt„ua��� �ss�aen iMt u����,c�oo+n�w,�� ItlMlllogotw/h4d�nmxniinqlu�c YIHri hhia��c0iqa�lAMt ►AaO�+Slgnw!lipluAfa�'(Nnq+bkltltta� FIVttI iBU In�ludn Im WI . ! SIl7E VfEW � Elny � � , �1_. �i '�� � � z� u.,,, fnmulMqN��W�nnqi'RoodlqMaq IIW�t qMtt lutof)Ia�xlails POWEP BdIuryRSa4uwrrl i Int1�nW�ltl i + dmitldtMmf�n 16"1 �b'Rpt W1Nf YeOoi. � (��1Tloilu���� I �nctuee►lmus (uiutlsL U) iNe fMt &6 (wa�rct F�Srtaro W�vAnq+, lnu�ll+uao •AOdWn+l fosi dt, c! f.-� Oburdtbn h Eaa�a�rtd d+dnq Fuwa�ke• ,u�l �... Bollards - $3,200 Foundation - $2,450 Sign - $4,188 TOTAL - $9,838 P"�� - _ v,"� � � "5�• . • � � �. �t ' . �qy��41��.� I�A �•i � .4.�---�j-; ,��.v� R-. � � �.. _ � � ��/ : �iliir�.,.a..�-- * � '�,� � • f .. :.-r.f:• - ""f�►'�t� : ��1. +�4 • a � " � ■ ' 'ar 3 �� s � . �• �� . � ..--� 'u� � _ - ���� � �-- '-f � • :;,;��,� � � ,iC - s .� 'T ;�' ,a� �.L. •' ' �. � � _ �,�-y.�' �,.4'• , w. �, r.�'-'`�'� ,: ��-�;; � ,Y� .. a . K ��, �� � � � . : �} ��-= � ��� �t y . . — �� . a ,s- �y ' � �� , ' - , .-� - , �.r, ;+ ' �- — ��' '�y G ' � � ��,,� t. . _. 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