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Agenda No. 10.
 
CITY COUNCIL MEMORANDUM
 
City Council Meeting: November 14, 2023
Department: Executive Team
Subject: Resolution 23-R-117: Authorizing a Schertz Main Street Local Flavor Economic Development Grant for 415 Main Street. (S.Williams/B.James)

BACKGROUND


The owner of th J's Grocery and Smoke shop located at 415 Main Street is applying for a Schertz Main Street Local Flavor Economic Development Grant. This is the first grant this property has applied for. The applicant is seeking a facade improvement grant for up to $9,192.50 (estimated project cost is $18,385) to redo the roof and repair woodwork to the storefront canopy. The applicant is also seeking a grant for up to $5,000 (capped at 50% of the actual cost - but not to exceed $5,000) to redo the pole sign (see attached image). 

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

COMMUNITY BENEFIT

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. 

SUMMARY OF RECOMMENDED ACTION

Staff recommends approval of Resolution 23-R-117, approving a Schertz Main Street Local Flavor Economic Development Grant for up to $14,192.50 for 415 Main Street.

FISCAL IMPACT

The maximum amount for this grant is $14,192.50. Currently, the City has approved $30,590.88 in grants that have not been paid. This grant would bring that total to $44,783.88.

RECOMMENDATION

Approval of Resolution 23-R-117.

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