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  4.       
City Council Regular Meeting
Meeting Date: 04/12/2022  

BACKGROUND
The owner of the properties at 539 and 820 Main Street is applying for Local Flavor Grants. 
 
The owner of 539 Main is applying for a second local flavor grant for the future Hidden Grove Bar at 539 Main. The request is for up to $20,000 for concrete work associated with new construction on the side - foundations, paving, etc. With this grant, the applicant will have reached the maximum amount of grants available for this property. Attached is an exhibit showing 539 Main Hidden Grove Bar.

The grant for 820 Main is for new construction and is up to $60,000 but includes 4 to 1 match requirement. It should be noted that in 2019 a grant was received for a property listed as 820 Main, but with replatting and adjusting if addresses that property is now 824 Main. Attached is the elevation and site plan for 820 Main.     
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 of local businesses.
SUMMARY OF RECOMMENDED ACTION
Staff recommends approval of Resolution 22-R-41 approving Schertz Main Street Local Flavor Economic Development Grants for up to $20,000 for 539 Main and up to $60,000 for 820 Main.
FISCAL IMPACT
Up to $20,000 for the grant for 539 Main and up to $60,000 for the 820 Main grant.
RECOMMENDATION
Approve Resolution No 22-R-41
Attachments
Res 22 R 41
539 Main LFG Agreement
539 Main Perspective
539 Main floor plan
820 Main LFG Agreement
820 Main Site Exhibit
820 Main Elevations

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