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HomeMy WebLinkAboutResolution - 2020-R0341 - Downtown Facade Grant, 2204 Ave. JResolution No. 2020-RO341 Item No. 7.11 September 22, 2020 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 Fagade 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 Stonesoup Properties, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on September 22, 2020 DANIEL M. POPE, MA OR A TEST: Re ecca 6arza, City Secretary AP 'ROVED AS TO CO T 'NT: • 4 Brianna Gerardi, Busi ss D ,elopment Director APPROVED AS TO FORM: Kel i Leisure, Assistant City Attorney ccdocs/RFS Market Lubbock DT Facade Expenditure Slonesoup 08.27.20 Resolution No. 2020-RO341 RE 20-50 RESOLUTION APPROVING STONESOUP PROPERTIES AT 2204 AVENUE J DOWNTOWN FAgADE 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, August 26, 2020, 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 Stonesoup Properties, owned by Sly Luna, which is renovating the building at 2204 Ave J, located within the Downtown TIF. Mr. Luna plans to acquire additional downtown properties moving forward and continue to contribute to the momentum of Lubbock's downtown growth. The scope of fagade work includes metal siding, garage doors, windows, roof improvements and doors totaling $50,000 in expenses. The terns 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 for Stonesoup Properties, a Downtown Fagade Grant for $25,000 for the project at 2204 Ave J, which is located within 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 to 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, Calvin Davis and Seconded by Director, Dr. Matt Bumstead, IT WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with Stonesoup Properties, for the improvements to the building at 2204 Ave J, 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. John Osborne, President & CEO ana J on, CFO/COO MARKET LUBBOCK, INC. — DOWNTOWN GRANT PROGRAM 2204 Ave J (Stonesoup Properties) TOTAL SCOPE OF WORK = $50,000 FACADE GRANT = $25,000 M A R K E T 1 11 r� 1I t Downtown Grant Program Presented to MLI Board August 26, 2020 Project 2204 Ave J (Facade) Stonesoup Properties, owned by Sly Luna, is renovating the building at 2204 Ave J, located within the Downtown TIF. Mr. Luna plans to acquire additional downtown properties moving forward and continue to contribute to the momentum of Lubbock's downtown growth. The scope of facade work includes metal siding, garage doors, windows, roof improvements and doors totaling $50,000 in expenses. The MLI Board is being asked to consider a Downtown Facade Grant for Stonesoup Properties totaling $25,000 at 2204 Ave J. 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 - Special Projects Phone: 806.749.4500 Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Email: iorpe(a)-marketlubbock.orc Date Initial Application Submitted (Due prior to start of construction or permits assigned) 116120 per JQ Projected Project Start Date 05/01/20 Project Property Address Property LCAD R# 204 Ave J i2508 Company Name IStonesoup P Street Address 12521 24th St City, State, Zip ILubbock,TX %3C1tlC1[AL mrVf%mAI IVry ADVU I i nC %rV-MrANT t�VN1P1l. I Name Title Phone Number Email SI Luna Owner slyluna@amaii.com INFORMATION ABOUT THE PROJECT Property Ownership: Own Q Grant Type (May choose both if applicable): Permittable ❑ Lease ❑ Owner Approved ❑ Fagade 0 uetwea rroject Summary (mcivamg projectea start date) and Uescnption or work Replace metal siding, garage doors, windows, roof, and doors. .Summary of Expenses (detailed bids attached) Projected MLI Aperoved Reimbursement Flood Lights and Camera $4,000 $2,000 Metal Siding and Garage Doors $12,000 $6,000 Paint Exterior Brick and Repair Windows $14,000 $7,000 Remove Old Metal and Gutters and Enhance Roof $11,000 $5,500 Steel Doors 7 $9 000 1 $4,500 TOTALI $50,000 1 $25,000 Final bids will oe used to calculate the project cost and grant amount. 1 MLI 5.2620 COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name Percent Sly Luna 100% Is the firm registered with the Secretary of State's Office to do business in Texas? Yes R Are you in good standing with the State of Texas? Yes If you answered "No" to either of the above two questions, please explain Is the firm and/or principals delinquent on any federal, state or local tax obligations? No R Has the company or principals of the company had prior bankruptcies or lawsuits? No IV If you answered "Yes" to either of the above two questions, please explain 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 downtown 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) z 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 fagade 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 applicant's 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 $10,000 • The permittable grant reimburses 10% of approved expenses up to a $100,000 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 fagade grant reimburses 50% of approved expenses up to a $25,000 grant • Fagade 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 fagade Signature (not required for electronic submittals): Per 1/6/20 email, JQ Date: 3 MU 5.26.20 No Text Yis i I I Lubbock Craftsman 2802 20th St. Lubbock TX 79410 United States Stonesoup Cassidy Luna Item Description Electrical Add flood lights around the property and cameras Total (USD) Estimate # Estimate Date Estimate Total (USD) Unit Cost 4,000.00 REM 5 00000149 August 12, 2020 $4,000.00 Quantity Line Total 4,000.00 $4,000.00 This estimate was sent using NONA To view your estimate online Go to htta5jllubbackcraftsman.Froshhooks.comlviewIK3bTWXuonXNCEaS Lubbock Craftsman 2802 20th St. Lubbock TX 79410 URN United States 1 Stonesoup Invoice # 0000093 Cassidy Luna Invoice Date June 15, 2020 Balance Due (USD) $0.00 Item Description Unit Cost Quantity Line Total Siding Metal siding to stucco building 6,000.00 1 6,000,00 Door install New garage doors 6,000.00 1 6,000,00 Total 12,000.00 Amount Paid-12,000.00 Balance Due (USD) $0.00 This invoice was sent using INSOA Lubbock Craftsman 2802 20th St. Lubbock TX 79410 United States Stonesoup Cassidy Luna Item Exterior Exterior Total (USD) Description Paint exterior brick Repair windows, paint windows, paint exterior doors � 9rTina Estimate # 00000148 Estimate Date August 12, 2020 Estimate Total (USD) $14,000.00 Unit Cost Quantity Line Total 12,000.00 1 12,000.00 2,000.00 1 2,000.00 $14,000.00 This estimate was sent using To view your estimate online Go to httasJllubbockcraftsman.Ireshbaaks.comfviewffvYQ nhnH9CoYb90 Lubbock Craftsman 2802 20th St. Lubbock TX 79410 United States Stonesoup Cassidy Luna I-V IvItA) Invoice # Invoice Date Balance Due (USD) Item Description Unit Cost Quantity Siding Remove old metal, enhance structure framing, add post, fur out, 8,000.00 1 replace siding and trim Gutters Add gutters around the building and underneath roofing 3,000.00 1 structure. Add cap to roof to match trim. Total Amount Paid Balance Due (USD) RP 0000091 May 19, 2020 $0.00 Line Total 8,000.00 3,000.00 11,000.00 -11,000.00 $0.00 This invoice was sent using RODA Lubbock Craftsman 2802 20th St. Lubbock TX 79410 United States 1 Stonesoup Invoice # 0000092 Cassidy Luna Invoice Date June 1, 2020 Balance Due (USD) $0.00 Item Description Unit Cost Quantity Line Total Door install 36" steel door with hardware. Two 48" steel doors with 5,000.00 1 5,000.00 hardware. Door install 14' insulated garage door with track 4,000.00 1 4,000.00 Total 9,000.00 Amount Paid-9,000.00 Balance Due (USD) $0.00 This invoice was sent using M90A