Resolution No. 20-R-53 - Consideration and/or action approving a Resolution by the City Council of the City of Schertz, Texas approving a request for a Schertz Main Street Local Flavor Economic Development Grant for 405 Main Street. (M. Browne/B. James)
BACKGROUND
On March 10, 2020, City Council approved a Schertz Main Street Local Flavor Economic Development Grant for 405 Main Street for a new beauty salon in this shopping center. The approval was for creation of new signage for up to $748.94 with the City's 50% match being $374.47. This cost only included creation of the sign. Per City Code a licensed sign contractor must install the sign. While the installation cost is eligible for reimbursement, it was not included. As such this request is for approval of a grant for installation, the cost being up to $200, with the City's match being up to 50% or $100.
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 20-R-53 approving Schertz Main Street Local Flavor Economic Development Grants for up to $100.00 for 405 Main.