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HomeMy WebLinkAbout2024-04-01 I01K Facade Improvement Program Grant_Applegate TaxAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: April 1, 2024 AGENDA ITEM:Consideration of approval of a resolution awarding grant funding to Waukee Ice Cream Shop Trust, d/b/a Applegate Tax & Accounting, LLC, as part of the City of Façade Improvement Program FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: Staff received an application for a Façade Improvement Grant from Applegate Tax & Accounting located at 520 Walnut Street. The applicant plans to refresh the exterior of the building with repairs to the brick, trim and new paint. Additionally, the applicant intends to renovate the detached garage. The total cost of the project is estimated at $21,249. Although the applicant plans to improve the entire property, only the façade improvements at 520 Walnut Street are eligible for grant funds. The total cost is estimated at $9,259. This project achieves the goal of the Façade Improvement Program which is to encourage businesses and property owners located in downtown Waukee to preserve, maintain, and improve the physical appearance of their properties. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: This will be the fourth Façade Improvement and second Property Improvement in two years. The investment in downtown is increasing property values and revitalizing the downtown. The maximum grant award permitted with this program is $7,500, the maximum grant award cannot exceed 50% of the total cost. The grant is reimbursable and will not be paid until project is completed. COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: The applicant struggled securing three bids, as required by the Façade Improvement Program. However, a busy market has meant busy contractors. The applicant contacted Jeremy Marean with Marean Construction and Josh Hargin with Complete Construction but received no follow up. Eventually, the project was awarded Josh of All Trades. Staff is requesting that Council consider approval without full bids from two other contractors. The applicant plans to invest nearly $22,000 to improve 520 Walnut Street. Staff recommends Applegate Tax & Accounting be considered for the maximum grant award of $4,360. RECOMMENDATION: Approve the grant award and Resolution ATTACHMENTS: I. Resolution II. Façade Improvement Program Application PREPARED BY: Jennifer Brown, Director of Economic Development I1K REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: THE CITY OF WAUKEE, IOWA RESOLUTION 2024- APPROVAL OF A GRANT AWARD TO APPLEGATE TAX & ACCOUNTING, LLC AS PART OF THE DOWNTOWN FAÇADE IMPROVEMENT PROGRAM IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, on March 5, 2012, the Waukee City Council approved a Downtown Façade Improvement Program (Resolution #12-50) to make financial assistance available to businesses, organizations, and property owners within Downtown Waukee for the preservation, maintanence, and general improvement of the physical appearances of their properties thereby creating an environment that is aesthetically pleasing and facilitates an increase in pedestrian traffic; AND, WHEREAS, on October 24, 2011 the Waukee City Council approved the Downtown Design Guidelines (Resolution #11-202) that provide guidance for the exterior appearance of properties within specified areas of the Downtown; AND, WHEREAS, on July 18, 2022 the Waukee City Council approved the Downtown Design Guidelines (Resolution #11-202) that provide guidance for the exterior appearance of properties within specified areas of the Downtown; AND, WHEREAS, Applegate Tax & Accounting, LLC at 520 Walnut Street, has submitted a Façade Improvement Program Application requesting grant funding in the amount equal to half of the total project costs associated with restoring and repairing the brick and trim as well as painting the exterior walls of the business; AND, WHEREAS, the Façade Improvement Program Application submitted for the exterior revitalization at Applegate Tax & Accounting, LLC is in conformance with the guidelines, terms, and conditions set forth in the Downtown Façade Improvement Program; AND, WHEREAS, Façade Improvement Program Grants are awarded as a reimbursement for the actual costs incurred by the applicant after the project has been completed; AND, WHEREAS, the City staff reviewed the Façade Improvement Program Application and recommended approval of the Downtown Façade Improvement Program Applegate Tax & Accounting, LLC; AND, NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 1st day of April, 2024 that a Grant Award in the amount of $4,360.00 is approved for exterior improvements at 520 Walnut Street pending successful completion of the project. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN R. Charles Bottenberg Chris Crone Rob Grove Anna Bergman Pierce Ben Sinclair