The tenant of the property at 820 Main, with concurrence of the owner, is applying for another Main Street Local Flavor Economic Development Grant for up to $20,000 for this property, The property received grants totaling $20,000 in 2021. The program allows up to $40,000 in a five-year period. So if approved, this grant would bring the property to the maximum grant amount. 
The tenant is proposing:
Capital Equipment - a new ice cream machine - total cost $5,000 (grant capped up to $2,500).
Signage - Install 3 new signs - estimated cost $14,000 (grant capped at $5,000).
Facade - paint exterior of the building to match the adjacent building at 816 Main - estimated cost $4,000 (estimated grant amount $2,000).
System - new insulation estimated to cost $2,200 (estimated amount $1,100)
Site Improvement - reinforce decking/flooring in loft area, install roofing over deck, remove chain link fence, install new privacy fencing, add gravel to outdoor seating area, outdoor tables and chairs, provide pet waste holder, add dumpster deck estimated cost for all site improvement items $21,870 (estimated amount of grant $11,435).

Promote and enhance commercial activity along Main Street and 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-48, approving a Main Street Local Flavor Economic Development Grant for up to $20,000 for 820 Main. 

The maximum fiscal impact of approval of this grant is $20,000. The City budgets $50,000 annually for the Schertz Main Street Local Flavor Economic Development Grant program. The current outstanding liabilities for the program are $72,890.88 and with approval of this grant it would become $92,890.88. This fiscal year the City has paid out $12,913.15 in grants. While the total liabilities and grants paid this fiscal year, exceeds the $50,000 the City budgets, it is important to note that not all of these grants are likely to be paid this fiscal year, if at all (at times projects are not started within a year or the full project is not done). If the City needs to pay more than $50,000 this fiscal year, the past practice is to utilize contingency funds. 

Approval of Resolution 23-R-48.