Agenda

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12.

City Council Regular Meeting

Meeting Date:

10/27/2020

BACKGROUND

The owner of the property at 603 Main Street is applying for a Local Flavor Grant. The owner is in the process of converting the structure from a residence into a business. The grant is for up to $20,000 of matching funds for a range of eligible expenses in the different categories. This includes a roof, and air conditioning system, plumbing, electrical, landscaping, concrete and potentially signage. As a result of the lack of Council meetings in October the applicant has begun some of the work, understanding there is no guarantee of receiving approval of the grant, but the applicant did apply before beginning the work as required per the program.

GOAL

Promote and enhance commercial activity along Main Street to promote the economic, cultural and general welfare of the public. The area around Main Street in Schertz once served as the commercial and social hub of the community. The City seeks to improve the image of the area around Main Street through the inducement of public money to promote local economic development and stimulate business and commercial activities in the City.

COMMUNITY BENEFIT

Encourage the attraction of small businesses that will create local charm and help develop a sense of place in and around Main Street. Promote commercial development. Stabilize and improve property values. Foster civic pride. Strenthen the economy of the City by protecting and enhancing the attractiveness of the Main Streeet area to residents and visitors, as well as provide support of local businesses.

SUMMARY OF RECOMMENDED ACTION

Staff recommends approval of Resolution 20-R-117 approving a Schertz Main Street Local Flvaor Economic Develoment Grant for up to $20,000 for 603 Main.

FISCAL IMPACT

Up to $20,000 for the grant.

RECOMMENDATION

Approval of Resolution 20-R-117.

Attachments
20-R-117
603 Main Agreement