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Agenda No. 2.
 
CITY COUNCIL MEMORANDUM
 
City Council Meeting: July 16, 2024
Department: Executive Team
Subject: Resolution 23-R-76 - Authorizing a Schertz Main Street local flavor grant for 820 Main Street. (S.Williams/B.James) 

BACKGROUND

The property owner of 820 Main Street is seeking an additional Schertz Main Street Local Flavor Grant in order to pave an area on the property for additional parking. If approved, this grant of $14,098.21 would use up the remaining grant availability for this property.

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 24-R-76, approving a Schertz Main Street Local Flavor Economic Development Grant for up to $14,098.21 for 820 Main Street.

FISCAL IMPACT

The maximum fiscal impact of this grant is $14,098.2100. Currently, $22,946.47 in grants has been paid this fiscal year to date. There are $34,652.50 in grants that are open. 

RECOMMENDATION

Approval of Resolution 24-R-76.

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