Print
Reading Mode
Back to Calendar
Return
AI# 10896
Regular City Council Meeting
6.8.
08/09/2022:
Information
Agenda Item
Resolution - Business Development:
Consider a resolution approving a Downtown Grant Program (Facade) expenditure of Market Lubbock, Inc., to be provided to Texas Panhandle Forensics, LLC, at 2002 Avenue J, pursuant to Article IV, Section 5 of the Amended and Restated Bylaws of Market Lubbock Development Corporation.
Item Summary
Texas Panhandle Forensics, LLC, is renovating their property at 2002 Avenue J, which is located within the Downtown Tax Increment Financing District boundary, as designated by the City of Lubbock. The scope of the facade project includes resurfacing and re-striping the parking lot, new signage, and landscaping.
The cost of the facade project is estimated to be $18,675, and the requested grant amount is $9,338. The Market Lubbock, Inc. Board of Directors approved this amount at their July 27, 2022 Board Meeting, and recommend approval by the City Council.
Fiscal Impact
The total cost of the project is estimated to be $18,675, with $9,338 to be paid upon completion with the requested grant.
Staff/Board Recommending
Blu Kostelich, Chief Financial Officer
Market Lubbock, Inc. Board of Directors
Attachments
Resolution
Market Lubbock Support Documentation
Market Lubbock Resolution
AgendaQuick ©2005 - 2024 Destiny Software Inc.
All Rights Reserved.