Agenda No. 6.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | August 1, 2023 |
| Department: | Executive Team |
| Subject: | Resolution 23-R-65 - Consideration and/or action by the City Council of the City of Schertz, Texas approving a Resolution authorizing an amendment to the Schertz Main Street Preservation Grant for 505 Exchange. (S.Williams/B.James) |
BACKGROUND
The property owner at 505 Exchange is applying for a Schertz Main Street Preservation Grant to replace the roof. In 2022, City Council amended the Main Street Grant program to make properties that have a Landmark Property Designation eligible for the grant even if they are not in the Main Street Incentive Area. This property has the Landmark Property Designation. Program assistance is available to owners of structures used for residential who make verified exterior structural or aesthetic modifications/improvements including but not limited to the roof, foundation, and wall repairs including brick re-pointing. Grants are available with a cap of $20,000 per property. Funds will be provided on a 50/50 matching basis. In kind contributions may be counted toward the match requirement. The Schertz Historical Preservation Committee recommended approval of this grant at their July 27, 2023 meeting.
GOAL
Promote the history and culture of the City of Schertz to tourists and residents.
COMMUNITY BENEFIT
Recognize structures of significance to the community’s past.
SUMMARY OF RECOMMENDED ACTION
Approval of Resolution 23-R-65 authorizing a Main Street Historic Preservation Grant for the property at 505 Exchange for up to $9,000 to replace the roof (total cost estimated to be $18,000).
FISCAL IMPACT
Up to $9,000 from Hotel Occupancy Tax Funds.
RECOMMENDATION
Approval of Resolution 23-R-65.