The owner of the property at 508 Main Street, Randolph Field Realty, Inc. is applying for their first Main Street Local Flavor Economic Development Grant for HVAC repair work that is estimated to cost just under $11,000.00, so the grant would be for up to $5,500.00. The applicant reached out as they were going through permitting, and because of the nature of the work (HVAC), the heatwave and meeting schedule, there was a need to not slow down the work to wait for the grant to be approved, but the grant program allows this.

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 matching grants that promote local economic development and stimulate business and commercial activities. 

Encourage the attraction of small businesses that will create local charm and help develop a sense of place 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. 

Staff recommends approval of Resolution 23-R-99, approving a Schertz Main Street Local Flavor Economic Development Grant for up to $5,500.00 for 508 Main Street. 

The fiscal impact of this grant is up to $5,500. Presently, $26,719.35 from in grants for 4 other projects have been approved but not paid, 

Approval of Resolution 23-R-99.