Agenda No. 5.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | May 25, 2021 |
| Department: | Executive Team |
| Subject: | Resolution No. 21-R-51 - 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 820 Main. (M. Browne/B. James) |
BACKGROUND
The owner of the property at 820 Main Street is applying for a Local Flavor Grant. The owner is in the process of converting the structure from a residence into a business. The grant is for up to $20,000 of matching funds for a range of eligible expenses in the different categories. This includes a roof, and air
conditioning system, plumbing, electrical, landscaping, concrete and potentially signage.
conditioning system, plumbing, electrical, landscaping, concrete and potentially signage.
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.
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 21-R-51 approving a Schertz Main Street Local Flavor Economic Development Grant for up to $11,000 for 820 Main.
FISCAL IMPACT
Up to $11,000.
RECOMMENDATION
Approval of Resolution 21-R-51.