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HomeMy WebLinkAbout[03d] St. Joe Meat MarketMarch 23, 2011 DATE: MEMO TO: Economicc Developmennt Authority FROM: CynthiaSSmith-Strack MMunicipal Devvelopment Grroup BFA GranntApplication: St. Joe Meaat Market RE: Backgroundd: Harvey Pfannnenstein, Owwner of St. Joe Meat Market has suubmitted an application tto the Business FaççadeArchitecctural Grant PProgram. A coopy of the appplication is atttached. st The applicattion is for ann expansion oof the existinng structure 226 1Avenuue Northwestt. The planned expaansion will inccrease the buuilding size froom 4,222 s.f. to 7,224 s.f. ((3,002 sf addiition). In 2010 the EEDA approveed a BFA request for this project relatinng to architecctural designss. The EDA reimburrsed the Applicant for $1,0000 of a $15,0000 invoice. TThis year’s appplication is reelated to the actual construction of the additioon. The EDAA invited Mr. PPfannenstein to submit thee BFA application. TThe constructtion cost is esstimated at $3350,000. As you are aaware, the BFFA Program iss a matchinggrant is for aarchitecturalsservices and aactual construction costs relatingg to façade rredevelopmennt or landscaape visible froom public rights of way. The EDDA’s 2011 capital allocatioon included fuunding for BFFA Grant applications and other revitalizationle the capitaal fund was rrecently reduuced, the remmaining balannce is efforts. Whi sufficient to ccover additionnal BFA appliccation. BFA programm oversight annd authority foor grant approoval was deleegated to the EDA. The EDDA is to review andd approve graants based onn the followingg guidelines oon a first come, first servedd basis. Action: EDA consideeration of the grant application is kindly requested. п¹» îì ±º ëê п¹» îë ±º ëê п¹» îê ±º ëê п¹» îé ±º ëê п¹» îè ±º ëê March 23, 2011 DATE: MEMO TO: Economicc Developmennt Authority FROM: CynthiaSSmith-Strack MMunicipal Devvelopment Grroup Update: SSt. Joe Meat MMarket TIF RE: Backgroundd: As you are aware, Harvvey Pfannennstein, Owner of St. Joee Meat Markket submittedd pre- application foor TIF assistaance in conjunnction with thee expansion oof the existingg retail facilityy at 26 st 1AvenueNNW. The EDA approved a mottion recommeending the City Council appprove of the conceptual uuse of TIF for the project and authorize/direct the prooduction of a TIF plan meeting statutory requirementss. The City Council considered the request andd EDA recommmendation at its th February 177 meeting. TThe City Coouncil authoriized the commpilation of the TIF plann and associated documents. The appropriate documennts are currently being draffted.A public hearing by thhe City Counccil has st been set for Thursday, AApril 21 at appproximately 7 p.m. As iss the case wwith previous ppublic hearings, thee EDA is reqquested to aattend the EDDA meeting tto receive innformation, annswer questions, annd provide a rrecommendattion to the Citty Council at tthe meeting. Action: Authorizationn/calling of jooint meeting for April 211, 2011 at aapproximatelyy 7 p.m. is kindly requested. п¹» îç ±º ëê