Agenda

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City Council Regular Meeting

Meeting Date:

07/13/2021

BACKGROUND

The owner of the property at 539 Main, MWBDLR, LLC. (Nick Marquez) has applied for a Schertz Main Street Local Flavor Economic Development Grant. This is the second application for this location. The owner contacted the City in mid-November about proposing to redo the landscaping on the property. The estimated project cost was $8,500 as such the 50% grant amount was up to $4,250. The owner was awarded $2,804.19 on February 23, 2021.

The owner is now applying for the rest of the amount which would be $17,195.81 for the year. The work being done will be:

$40,000 in concrete work/flat work
$15,000 plumbing
$12,000 electrical
$20,000 cinder block buildings/walls/finish out (Bar area)
$4,000 fencing
$3,000 signage

The Owner is proposing to construct a bar (Hidden Grove) on the back half of the property. The owner estimates the work to be approximately $93,000. As noted earlier, the applicant is only eligible for $17,195.81. Staff anticipates the grant funds to be for plumbing and electrical work ($27,000 at 50% = $13,500) and the remaining $3,695.81 to be for site work, which is valued at approximately $40,000.

Attached are a site plan and perspective to show the seating area/flatwork. Staff has construction plan for the plumbing and electrical work if council is interesting in seeing those.

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-65 approving a Schertz Main Street Local Flavor Economic Development Grant for up to $17,195.81 subject to the applicant entering into the incentive agreement.

FISCAL IMPACT

Up to $17,195.81.

RECOMMENDATION

Approval of Resolution 21-R-65.

Attachments
Resoluton 21-R-65
539 LFG Agreement
floor plan
perspective