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HomeMy WebLinkAboutCity Council-Agenda Packets-6/13/2012`1 T Y ~ F ~ COLLEYV'I~.LE rt~~, City of Colleyville Architectural Review Commission Agenda City Hall 100 Main Street Colleyville, Texas 76034 817. 503.1000 www.colleyville.com Wednesday, June 13, 2012 Executive Conference Room 7:00 p.m. Third Floor - City Hall 1. CALL TO ORDER 2. EXECUTIVE SESSION - In accordance with Texas Government Code Chapter 551, Subchapter D Section 551.087 - Economic Development - Discuss and deliberate commercial and financial information received from business prospects the City seeks to have locate, stay, or expand 3. REGULAR AGENDA ITEMS 3a Consideration of a matching grant application for facade improvements at 5150 Colleyville Boulevard, Colleyville 3b Consideration of a matching grant application for interior improvements at 6100 Colleyville Boulevard, Suite 140, Colleyville 3c Consideration of a matching grant application for facade improvements at 1901 John McCain, Suite A, Colleyville 3d Consideration of a matching grant application for facade improvements at 6400 Colleyville Boulevard, Colleyville 4. CITIZEN COMMENTS/PRESENTATIONS REGARDING ITEMS NOT ON THE AGENDA 5. ADJOURNMENT I hereby certify this agenda was posted on City Hall bulletin boards June 8, 2012, by 5:00 p.m. Marty Wieder, Economic Development Director Any matter on this agenda may, at the discretion of the governing body, be opened for public comment and discussion. Architectural Review Commission Agenda June 13, 2012 If you plan to attend this public meeting and have a disability that requires special accommodations, please advise the Economic Development Marketing Coordinator at least 48 hours in advance at 817.503.1050, and reasonable accommodations will be made to assist you. G t T Y ~ F ~ CC}LLEYVILLE 1' F `{ A S City of Colleyville Architectural Review Commission Agenda Briefing City Hall 100 Main Street Colleyville, Texas 76034 www.colleyville.com Agenda Number Agenda Date 06/13/2012 Type Executive Session Department ARC Title Section 551.087 - Economic Development - Discuss and deliberate commercial and financial information received from business prospects the City seeks to have locate, stay, or expand G t T Y ~ F ~ CC}LLEYVILLE 1' F `{ A S City of Colleyville Architectural Review Commission Agenda Briefing City Hall 100 Main Street Colleyville, Texas 76034 www.colleyville.com Agenda Number 3a Agenda Date 06/13/2012 Number 3a Type Regular Agenda Items Department Economic Development Title Consideration of a matching grant application for facade improvements at 5150 Colleyville Boulevard, Colleyville Explanation This item is for consideration of an application submitted by The Londoner Pub & Grill (Effam Hall, LLC) for a$10,000 matching grant for facade improvements to 5150 Colleyville Boulevard. This particular grant request is in addition to the $200,000 performance loan, which has already been approved and negotiated with Effam Hall, LLC. Owners Barry Tate and daughter Charlotte Tate of The Londoner project annual taxable sales at the restaurant of $1.6 million; they will employ 32 people (25 full time) with an annual payroll of $416,000. Mr. Tate projects that they will spend $230,000 to $260,000 to renovate and expand the building at 5150 Colleyville Boulevard. G t T Y ~ F ~ CC}LLEYVILLE 1' F `{ A S City of Colleyville Architectural Review Commission Agenda Briefing City Hall 100 Main Street Colleyville, Texas 76034 www.colleyville.com Agenda Number 3b Agenda Date 06/13/2012 Number 3b Type Regular Agenda Items Department Economic Development Title Consideration of a matching grant application for interior improvements at 6100 Colleyville Boulevard, Suite 140, Colleyville Explanation This item is for consideration of an application by James Westbrook for a$15,000 matching grant for interior tenant improvements at 6100 Colleyville Boulevard, Suite 140. Mr. Westbrook is relocating Home Theater Technologies (HTT), Inc., from Keller to this 2,750 square foot space. This site will be the company's point of sales for tax purposes; that is important, since Mr. Westbrook projects HTT's annual taxable sales at $3.5 million. HTT sells and installs consumer electronics, audio/video, security, surveillance, automation, and central vacuum products and services; as it relates, residents responding to the 2010 Colleyville Citizens Survey indicated their desire for a retail location to purchase electronics in Colleyville. Mr. Westbrook is upgrading HTT's space with real and personal property improvements valued at $100,000. He is relocating 10-12 full-time employees with an annual payroll of $700,000. Mr. Westbrook estimates his tenant improvement costs at $30,000. This is twice the total of the requested match of $15,000, as required in the City's Incentives Guidelines & Criteria for a Category 3 type matching grant (i.e. destination restaurant or retail). Moreover, it will be unique to the Colleyville primary retail market or trade area, as is also required. The City has yet to receive a business plan, as required for a Category 3 submittal. Staff notified Mr. Westbrook of the need, as well as for a subsequent review by a SCORE representative. Mr. Westbrook has responded he has set an appointment with SCORE and will provide the City a copy of his business plan. G t T Y ~ F ~ CC}LLEYVILLE 1' F `{ A S City of Colleyville Architectural Review Commission Agenda Briefing City Hall 100 Main Street Colleyville, Texas 76034 www.colleyville.com Agenda Number 3c Agenda Date 06/13/2012 Number 3c Type Regular Agenda Items Department Economic Development Title Consideration of a matching grant application for facade improvements at 1901 John McCain, Suite A, Colleyville Explanation This item is for consideration of a$15,000 facade improvement matching grant being sought by Mike Sisk, the owner of Low T Center, at 1901 John McCain (just west of Colleyville Boulevard). Mr. Sisk recently relocated Low T Center's corporate headquarters to this location and proposes to improve the exterior. He indicates that he has already spent $75,000 on interior improvements, as well as invested $25,000 on the exterior to date. He projects the complete exterior renovation to total $100,000. While the Low T Center is not a retail operation - and therefore will not generate taxable sales - they do project total real and personal property values there of $950,000. Likewise, Low T Center has 12 full-time employees with an annual payroll of $850,000. G t T Y ~ F ~ CC}LLEYVILLE 1' F `{ A S City of Colleyville Architectural Review Commission Agenda Briefing City Hall 100 Main Street Colleyville, Texas 76034 www.colleyville.com Agenda Number 3d Agenda Date 06/13/2012 Number 3d Type Regular Agenda Items Department Economic Development Title Consideration of a matching grant application for facade improvements at 6400 Colleyville Boulevard, Colleyville Explanation This item is for consideration of a$15,000 matching grant application by Tom Tierney, the owner of 6400 Colleyville Boulevard, for facade improvements to this 3,600 square foot building. Mr. Tierney estimates eventual real and personal property values of $1 million upon completion of the proposed facade improvements. He is still in negotiation with tenants to occupy the building, which was previously occupied by his company, Big Image Graphics. (Big Image Graphics relocated across Colleyville Boulevard to 1709 Industrial Boulevard.) He has indicated that he is talking with a salon, a personal image studio, and a medical/light surgery center as potential occupants. While Colleyville would be the point of sales for all tenants, very little activities would be sales taxable. Mr. Tierney estimates spending $50,000 to $100,000 for the proposed facade improvements to 6400 Colleyville Boulevard; you'll note he indicates that his architect has sought to tailor the proposed new look to mirror the Mediterranean feel of the Village, as well as to be somewhat like Town Center Colleyville. Attachments 1. Facade Improvements - 6400 Colleyville Boulevard i 1; COLLEYVILLE TE~.XAS City of Colleyville Economic Development Incentive Application Date: ~ ~ ~ ~, Type of Incentive Request: ~~~ ~~ t~, -~s~r~ n~-,~~ ~wt~n1'~C" ~ ;' ~(~~ N Amount of Incentive Re~uest: ~~~~ Q~ ~~ (~~, Business Name: ~ ~ ~ ~--~~~.~ ~~n 1~~~ ~' Primary Business Product or Service Provided: ~ ~~~ I,~(~-«, L'~,~+`1`~"'ti~-4C~ ~ MailingAddress: ~(~i ~ c9~ ~~11~1(~~ ~~, ~~1.:-tv , G, c~1~~. `( I 1~ Telephone & Email Address: ~~ ~ ~ ~ ~ ~~ ~~~ `~ Business Website: *~~ ~ ` ~ ~, ~ ~ •~~. Proposed Locatian & Acreage (including ~egal description): Projected Square Footage ofProject Facilities: -~~~ Projected Real and Personal Property Values of Project Facilities: `~ ~ U~ ~~~ Projected Annual Taxable Sales of Business: t~~ q L~ G~ Will Coileyville Be the "Point of Sale" for Sa~es Tax Purposes? •~-~ ~~' Company's Tax ID~ Projected Number of Full Titne Employees & Total Annual Payroll of Full Time Em~loyees: -~ ~ ~ ~~ ~ ~., ~~('~ ~, ~, Average Annual Satary of Employees: ~~? U` C5 ~a Percent af Employees to Receive Health lnsurance Benefits: ~j c~ ~~ `"~~.~~. ~ v~~`~~~ ~ r Ap~licant's Name & Title: ~7~`-~~ 1~~~~1~.' ` ~~~ ~ ~ Mailing Address: ~~ ~ ~ ~~ ~~~TI~ ~,~'` ~\.~~y~ ~~+~4 Telephane & Email Address: G ~~1 ~ ~ ~`~ ~~ ~ (~ ~ ' ~ ~. ~~`~ < ~ ~ ~ ra~,2-~ c~ ti"~,~~`~ > ~-~ ~ ~~~ t-'C~ ~, ~tJ ~''a~~~ 1 ~-~1~ ~ 1 °~ ~ d ~~.~. Please complete ali questions in this document and attach all documents requested below. ~'eel free to attach additional pages as needed. Pro~ide background information on the business including inforrnation on how long the business has been in operatian; chronology of busin~ss op~nings, clasings, relacations, madernizations and expansions; whether the business is a publicly traded or pr~vately held company; whether the business is a corparation, joint venture, parh~ership or sole proprietorship. Is the business or project's enterprise amon~ the types ~~ ._r ~~• r targeted far reteaztion ~vithiai or attra` tion tca Colleyville? t 1u' u'7U r ~~~T ~ c `~~'`~~,f`v'_~ `~`''~ "~ ° ~.~ '~ ~ ~-~~'W\~-~\~ ~~ "'~~ty ~~ ~~ ~ ~ ~ ~ ` ~ c-b`~~,~o ~ t- ~ ~ ~ -~.v~c ~.~ ~,"~'~ r~ ~ L~~~:~ i ~_.~~, `~ ~~tc ~~ , `~ ~~ '' `-~ ~~~ `~-._~ ~.~~ ~ hS ~ ~ `-~~ ~J C ~'~ ~`=.. ~ti t~ ~ i~~ ~,~ ~ ~~ ~ G a~~i '~' ~. ~1 ~ ~-~-- '-~ '~ ~ ~ 2. Give a brief descriptipn of the activities to be performed and a description of products to be produced and disfi°ibtited and/or services to be provic3eci. ~p ~ ~~ ~ ~ i°~ ~ .' ~.J \ 1 `.: ~ E ' d~~.l, ~ C '~ ~c~- ~-~ ~c~ C:U~- ~ ~7 k= ~~ ~C'~. ~ ~ ~`~~ `~ 3. Identify companies and ~rganizations in Colleyvi3le that could utiiize the business's products and services or otherwise bene#'it from the business locating in Colleyville. What compaz~ies and organizations located in Colleyville rnigkat compete with the business? Please list the types of products or services to be sold which are c~~rrently sold by existing Colleyville merchants. ~ \ a ~-~-\ ~~. ~"~,r.~~ ~ tt~ ~~S.St e~~A ~"~.~\ (.._' ~ 1N 1. ~ .~~~ ~.1 ~ ~-,_ vn ~~, c~ ~ ~~~ ~ ~- ~' ..t ~ ~ ~ "~ ~S~ S ~y./.~- ~,.-~I~. C~ 4. Provide a description ofthe property where the ~roject will be located in Colleyville and attach a capy of the property's legal description, a site map, site plan and statement of current, assessed ~alue upon submittal af incentive application. ~ tP`--~c~ ~~t ~'r~ t~l~.. ~ ~~t i ~ 5. Describe the facility where the pro~ect will be located in Colley~ille. Is the facility new construction or existing space? Will the facility be free stanciing or ir-3ine space? Wiil the applicant be the owner of the property or a tenank? Is this facility a new facility, expansion or relocation? What is the total square footage of tYae facility? Attach any architectural renderings, floor plans or other documents related to the facility when the incentive appiication is submitte~d. c~~ ~ ~ ~~1 ~ ~~ ~ ~ 1~ ~ ~:~~--'J r~ . 6. Estimate the total cost of the pro3ect and include the anticipated increased value to the property over the property's current value. This includes the cost of real and personal property, land, structures, inventory, and other improvements. Please include information related to projected taxable annual sales and other revenues that may be generated far the city from the pro}ect such as franchise payments, utility revenues, occupancy taxes, etc. Indicate whether ttaere is any amount of infrastructure construction or participation ~cpected of the City. ~ ~ C~ C"`~ '~ C~ C~ ~'"~'~ 7'~~ `^~ ~1 '.'°f~ S~~~C}c~ `-~~~.1~~.v~ 7. Provide information relating to the business's ability to finance this project, attach a copy of the business plan, information an the annual operating budget and lakest audited financiai statement with submittal of the incent~ive application. Provide information related to any business restructuring in the past 10 years. ~3\ ~--~~ C~~z C`~ ~ !~ tc S ~ ac-~"~~ ~' `~ ~ "t ~ tJ ~ s~~ .Q ~ ~ ~~t ~`~ ~ ~ ~ ~.~ ~~ ~ 11 ~~ ~~. ~~-~ ~ ~~ ~~~1 ~ ~~~s, ~ ~~s~ s r ~ ~;~s~ i~ ~t ~ o c~-~ ~ <, ~ C ~t 1~= ~ ~l c~ "~--a 2 ~t~~ ~ S ``~- ~' ~~ .2~ l ~ &. Please describe the timeline for starting and completing this project including when the business pians to commence construction, occupy proposed space and open in Colleyville as well as any anticipated future project phases after the occupancy date. ~ ~'~.~ ~j ~ ~ ~ ~`~`~ S , Provide inFormation on the projected employment in Colleyville. What is the projected number of new full kime and part t~me employees? What is the total annual payroll of full time az-d part time employees (if an expansion, both present and anticipated new employmenk)? What types of benefits will be offered? What percentage of employees will recei~e a full benefit package (i.e. heaikhcare or hospitalization insurance, vacation lea~e, sick lea~e) compared to those who will work on a part-time or contract basis? List the job titles, number of positions and average wage in each category.t '~ -- ~--~ c~ ~.J 'C~J j\ .~--~-`~`..'~~i ~ v.~, '] ~~ ~ ~ S` 10. Describe in detail the incentive request. What type and amount of incentives are being requested? What is the time period in which the incentives are requested to remain in effect? What is the project's viability without the City's participation? Have ot~er taxing jurisdictions been approached for incentives related to this project? Substantiate and more fully describe the justification for the incentive request ar-d how it contributes to the financial viability ofthe project. , '` 1 '~ ~ z~ ~ ~'~-c.."C~-=~ `~'~ ~--~.-.^ ~~~~~ ; wt~~~S ~<~ ~-~--~-~~- ~~~~ `:~ ~ s ~ ~~~ , ~ ~ ~~~~` ~ ~ ~-- ~a Coi ~ cs~ ~ ~ ~ ~ 1~ ~ ~~~~ ~~v~~~ ~ l 1. Describe in detail the impact the prvject will have on municipal or public facilities, services and utilities. Any significant costs the city, school districts or other public entities could incur due to the project including off-site ir-frastructure requirements and signifcant traffic impacts must be noted. Is there any expected i~--pact on the local hausing market? What about on neighboring businesses and/ar property owners? Any environmental impacts to the community m`st be explained as well. ~~t~-~~-' ~~ ~'~~1 ~I \`~'~ a-~o~ a ~ ~~t ~~~ ~ ~ ~~~ pv ~-~~.r 2 ~ ~ --~-~~ ~ ,~ ~,,~.°-~ ~~~~ ~--~~~~ n~ ~~~ ~.l ~ ~.1~- ~ ~-, 12. Inciude or describe any ather informatian relative to the project and its impact on Coileyvi9le. ( ~~ ~ ~~ ~,~, ~ ~ \ ~~ ~ ~ L ` r~ V ~ I hereby certify that the information included on this dncument is complete and accurate: ~ t ~ ~ ~ ,~~~"\ 1 ~ Signature & Title ~ ~' "~ ~ Print Name ~ `~~ ~~~~~ ~ ~ ~ ~~~ l ~~ Date I have reviewed the application and confrmed it as complete for processing and consideration by City Council. Director of ~conomic Development, City of Calleyville Date Completed applications shall be sent ta Marty Wieder, Director of Economic Development, City of Colleyville, 100 Main 5treet, Colleyville, Texas, 76034 and emailed to mwieder@colley~il~e.com. For mare information, please contact Marty Wieder, Director of Ecanomic Development at 817-503-1055. ~ ~~r°~. ~ ~ 'Kp ~ Ti ,0 -e ~i - L ~1 ~~~' } i~.~' I,_ f ~ 1 ~'~ ~ ... ~ ~ ~ ' , .~' ~ G `~ ; ~ ~ ~ ~. ~ 'n ~ -~ ~ ~ ~ ~ ~ . ~ sX $ , ~ ~ ~3 ~¥~ ' t ~ ~ s ~ ~ # ( ... 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