Agenda

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10.

City Council Regular Meeting

Meeting Date:

07/27/2021

BACKGROUND

The tenant at 405 Main, Authentic Cuts, a barber shop/hair salon is applying for a Main Street Local Flavor Grant for work costing $5,200 for AC repairs. The tenant contacted the City in early July about applying for the grant when their AC unit went out. As per the approved Schertz Main Street Local Flavor Economic Development Program guidelines, applicants can apply for grants within 14 days of beginning repair or replacement work. In this case the applicant contacted the City to apply before beginning work. Due to the City Council packet schedule the earliest staff could get a resolution on the agenda before Council was July 27. After applying the applicant completed the work on the AC system.

This is the third grant for this tenant. The first two were in 2020 for signage totaling $461.97. The owner of the building applied for two grants in 2020 for just over $4,898.16 for electrical work.

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. Strengthen the economy of the City by protecting and enhancing the attractiveness of the Main Street area to residents and visitors, as well as provide support to local businesses.

SUMMARY OF RECOMMENDED ACTION

Staff recommends approval of Resolution 21-R-69 approving a Schertz Main Street Local Flavor Economic Development Grant for up to $2,600 for 405 Main.

FISCAL IMPACT

Up to $2,600 for this grant.

RECOMMENDATION

Approval of Resolution 21-R-69.

Attachments
Res 21 R 69
405 Main LF Funding Agreement