ACTION REQUESTED:
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Communication from the City Manager with a Request to APPROVE a South Village TIF Fa?ade Improvement Grant to A & E GROUP LLC for 1102 SOUTH WESTERN AVENUE, in an Amount Not to Exceed $5,000.00. (Council District 1)
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BACKGROUND: Haifa Abdallah and Eyad Essad, member/manager of A&E Group LLC, have secured a purchase agreement for 1102 S. Western Avenue on the SE Corner of Western and Garden. They have plans to purchase, update the entire exterior, renovate two units, and operate a new business in one of the units
The property consists of a 7,000 sf building on 0.35 acres. The building is subdivided into three units with the corner unit occupied by Metro PCS. Mr. Pizza & Subs will be a new business and will occupy the south unit of 3,000 sf, and the east unit of 2,000 sf will be available for rent. A construction permit has been submitted to make the proposed improvements for Mr. Pizza & Subs which will be operated by Eyad Essad.
A total investment of more than $250,000 is planned for the purchase and renovation of 1102 S. Western. The building improvements will consist of a new roof membrane replacement, mansard roof and soffit repair around the entire building perimeter, new lighting, and signage along Western. The parking lot will be sealed, coated, and stripped.
The Fa?ade Improvements alone amount to $18,041, which consists of mansard roof and soffit repairs and painting along the entire perimeter of building, new lighting and signage of the front and sides of the building, window replacements, and parking improvements. The budget and rendering of the fa?ade are attached.
As a part of the revitalization of the South Village District, Council approved a Fa?ade Improvement Program which provides a grant equal to 50% of fa?ade improvements up to a maximum of $5,000. The Program is intended to encourage owners and business tenants of existing commercial properties to restore or renovate their buildings to improve the a...
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