Agenda

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City Council Regular Meeting

Meeting Date:

12/13/2022

BACKGROUND

The Owner of the building at 507 Main, the Randolph Masonic Lodge #1286is applying for a Schertz Main Street Local Flavor Grant to redo the roof of their building. This is the white building on the northeast corner of Schertz Parkway and Lindbergh Avenue. The estimated cost of the work is approximately $15,000, so the grant amount would be $7,500. They are proposing to replace the current roof with a similar corrugated roof system.

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 matching grants that promote local economic development and stimulate business and commercial activities.

COMMUNITY BENEFIT

Encourage the attraction of small businesses that will create local charm and help develop a sense of place 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 of local businesses.

SUMMARY OF RECOMMENDED ACTION

Staff recommends approval of Resolution 22-R-136, approving a Schertz Main Street Local Flavor Economic Development Grant for up to $7,500 for 507 Main Street.

FISCAL IMPACT

The maximum fiscal impact of approval of this grant is $7,500. The City budgets $50,000 annually for the Main Street Grant programs. So far this fiscal year the City has paid $871.53. The City has currently approved up to $60,000 for the proposed new building at 824 Main (corner of Schertz Parkway and Main Street) and the second Local Flavor Grant for 817 Main has $1,648.27 that could be paid. The third grant for 8177 Main (Flower Shop is also on this agenda for approval. Assuming that grant is approved along with this grant request, the outstanding liabilities for the Main Street Grant programs total $74,128.47. While this is above the $49,128.47 of funding left, the City has traditionally either tapped into Contingency Funds or submitted a budget adjustment to Council for approval. One aspect of this program is that the property owner has a year to complete the work (or seek re-approval), so grants can extend past a fiscal year.

RECOMMENDATION

Approval of Resolution 22-R-136

Attachments
Res 22 R 136 Masonic Lodge
507 Main Local Flavor Agreement