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Home My WebLink About4.B. Consideration of Facade Impovement Program Deferred Loan for turtles Bar and Grill, 132 1st Avenue East, Shakopee pbltA General Business 4. B. Sl-lrWO13EE TO: Economic Development Authority FROM: Samantha DiMaggio,Economic Development Coordinator DATE: 09/17/2013 SUBJECT: Consideration of a Facade Improvement Program Deferred Loan for Turtles Bar and Grill, 132 1 st Avenue East, Shakopee. Background Turtles Bar and Grill, 132 1 st Avenue East, Shakopee,has requested assistance in the form of a deferred loan from the City's Facade Improvement Program. If the application is approved,the following work will be done to the exterior of the building: •New Door •Paint •Brick Repair •Powerwashing of the building The total estimated costs for the program are$5,643.31.Under the existing program,40%of the costs would be covered($2,257.32). If changed to 50%, it would be$2,821.66. The Facade Loan Committee(EDAC member,Historic Preservation Advisory Committee member and City Staff) met on Tuesday, September 10th and recommended that this loan be approved. Action Sought If the EDA concurs,it should,by motion,approve a Facade Improvement Deferred Loan in the amount of either $2,257.32 or$2,821.66 and authorize the appropriate officials to enter into Repayment Agreement with Turtles Bar and Grill. Attachments: Application Pictures 1 CITY OF SHAKOPEE Facade Improvement Program Application for Deferred Loan I. Applicant Information t g Name of Applicant t 1 ! I tl � ' �f [ Date of Birth 2 Applicant's primary agent Date of Birth Name of Co-Applicant/Property Owner G-I'S Ci J_CtV1-C,-r Date of Birth � Tax ID# (if applicable) ") Ll b Lf Address A/ 5�_3 2 I Street I city State Zip Telephone# 0�j f ( ) q LY S _1� 4 Home Work Il. Property Information Address of Building to be Rehabbed 25 . �-� / S 5T 1 3 2 Property Identification Number(PIN) Contact Person i 0 Work Phone Numbertt_ - Cell Phone Number (a E-mail address ISV Y A no is t- coo--, Age of Building —/v 12- `l v Number of Stories I `' 1 q � Date of Last Exterior Renovation (if applicable) Estimated Market Value 1"2- m-) X0.7 Current Annual Property Taxes Gross area of building 2_sq. ft. (exclude non-habitable space such as attics, basements, etc.) C:\Users\kholtz\Downloads\facade loan application final_08302012.doc 2 Gross area of non-residential space (include commercial, office, etc.) Existing building use(s): i ` Y U _... C ' Proposed building use(s): `�" _ Ill. Ownership Information Ownership Interest in property to be improved: ❑ Contract for Deed ❑ Title "Free and Clear" Mortgage ❑ Other: Specify: Name(s) on Title: Specify ownership interest of each individual named on the title (joint, tenants-in-common, life estate, partnerships, corporations, etc): Amount of outstanding principal owed on building: $ ��r�'� Please attach a copy of the most recent Property Tax Statement from the County Assessor's Office and Proof of Insurance on the building. IV. Estimated Rehabilitation Costs and Requested Loan Information Please describe proposed improvements: (please attach additional pages, including: any photos of the existing building prior to planned improvements; renderings and/or plan drawings showing proposed improvements; contractors' bids or proposals obtained by the applicant. Please itemize costs when possible.) PC,",I+ e"ifl^t extu/Ov- + Pc,�A,t F"vit otr- f�'_2_ r7v e Describe the expected impact of the proposed improvements on adjacent or nearby businesses. (In other words, do you have reason to know or believe that other business owners are likely to improve their properties if the outcome of your improvements is positive.) C:\Users\kholtz\Downloads\facade loan application final 08302012.doc 3 VIA e; K--� Estimated Total Cost of Proposed Rehabilitation Work: $ 56 Li Requested Loan Amount from the Fagade Improvement Program —Loan amount may be up to 40% of the total construction costs, with a maximum um o$15,000. "y / B Source of Remaining Funds Personal Savings ❑ Private-Sector Loan (Institution: , ) ❑ Other submittals: (e.g., pro forma, profit and loss statement, personal guarantees) Building Permits & Inspections Applicant is responsible for obtaining appropriate building permits, per the Shakopee City Code. In the case of improvements that do not require a city-issued building permit, the applicant must submit the name and state license number of the contractor completing the work and agree to an inspection of the work by a city building official. Loan Disbursement Awarded loan funds will be dispersed to the applicant upon submittal of receipts or invoices for supplies purchased and work completed, and verification by the City that the receipts and invoices are bona fide. V. Certification City staff or other authorized representatives of the City shall have the right to inspect the property to be improved at any time from the date of application upon giving notice to the property/building owner and to the occupants. C:\Users\kholtz\Downloads\facade loan application final 08302012.doc 4 I/We certify that all statements on this application are true and correct to the best of my/our knowledge. I/We understand that any intentional misstatements will be grounds for disqualification. 1/We authorize program representatives the right to access the property to be improved for the purpose of the deferred loan program and to take photographs of the structure before and after rehabilitation. IMe further understand that I/we will make the final selection of the improvements to be made with the loan funds and that the contract for improvements will be solely between me and the contractor(s). The administering agency will not be liable for the inadequate performance of the contractor(s). 0//3 Applicant Applicant Date Co-Applicant Date C:\Users\kholtz\Downloads\facade loan application_final_08302012.doc 5 DATA PRACTICES ACT The following notice is provided for those applicants for the Shakopee Downtown Fagade Improvement Program that are individuals. The following does not apply in cases where the applicant is a non-individual,such as a corporation. (TENNESSEN WARNING) In accordance with the Minnesota Government Practices Act,the City of Shakopee is required to inform you of your rights as they pertain to the private information collected from you. Private data is that information which is available to you, but not to the public.The personal information we collect about you is private; however,your name, address,and the amount or value of the approved loan funds are public. The information collected from you or from other agencies or individuals authorized by you is used to determine your eligibility for the Facade Improvement Program. The dissemination and use of the private data we collect is limited to that necessary for the administration and management of the Facade Improvement Program. Persons or agencies with whom this information may be shared include: 1.City of Shakopee personnel administering the Facade Improvement Program. 2.Individuals charged by the city with reviewing applications and making recommendations to the Shakopee EDA. 3.Members of the Shakopee Economic Development Authority(only that information needed to approve the application for loan funds and/or payments to contractors). 4. Federal,State, County,local and contracted auditors_ 5.The contract for deed holder(only that you are a loan recipient and the amount of the loan). 6.Law enforcement personnel in the cases of suspected fraud. 7.Those individuals or agencies to which you give your express written permission. Unless otherwise authorized by State statute or Federal law,other government agencies utilizing the reported private data must also treat the information as private. You may wish to exercise your rights as contained in the Minnesota Government Data Practices ACT.The rights include: 1.The rights to see and obtain copies of the data maintained on you, 2.To be told the contents and meaning of the data and, 3.To contest the accuracy and completeness of the data. To exercise these rights contact: Mark Noble,City of Shakopee, (952)233-9348. 1 have read and understood the above information regarding my rights as a subject of government data. Date v - pplicant Co-Applicant CAU sers\kholtz\Down load s\facade loan application final_08302012.doc STILE' Quotation STILE$ 1780 E.66th Ave.I Denver,CO 80229 SQDK0000480-1 1780 E.66th Ave.I Denver,CO 80229 Phone:(888)286-39311 Fax:(888)288-6521 TURTLES BAR&GRILL Phone:(888)286-3931 Fax:(888)288-6521 Prepared on 9/9/2013 Customer PO # i j Prepared by Krebs, Richard Manufacturer's Estimated Lead Time 4-5 Weeks Dealer I Customer SCHERER BROTHERS LUMBER +. l 11100 Jefferson Hwy N v' Champlin, MN 55316y. ' 612.379.9633 u 6 Comments Line Label Qty UOM Family/Part Number Unit Extended 1 1 EA TruStile Door MODIFIED 37 5/8 inch X 83 3/4 inch,2 1/4,PI-100,Single.,istalr&Red Oak Door,QB-Quarter Bead Sticking,A-Raised Panel ,p Glass=5/8" Low E Insulated Unit 'i-�1 r'r—iLf DA-- "Z-z7r�s Comments I: GI / vs• Cross Section Not Available 2 53. q QUOTE VALID FOR 30 DAYS THROUGH:10/9/2013 SQDK0000480-1 Printed On: 9/9/201 Page 1 of 2 PROPOSAL Meyer Masonry, Inc. Date: 09-09-13 c/o Bob Meyer Proposal # 1748 12677 Meadow Court Cell: 612-709-6355 Shakopee, MN 55379 Email: meyermasonryinc @gmaii.com Submitted To: Job:Turtles Bar & Grill Turtles Bar& Grill Plan #: 132 1 st Ave East Phone: 612-991-4852 Shakopee, MN 55379 Email: bryan @tsc1890.com All material is guaranteed to be as specified. All work to be completed in a workmanlike manner according to standard practices. An alteration or deviation from specifications below involving extra costs will be executed only upon written orders and will become an extra above estimate. All agreements contingent upon strikes,accidents or delays beyond our control. Owner to carry fire,tornado and other necessary insurance. Our workers are fully covered by workmen's compensation insurance. NOTE: This proposal may be withdrawn by us if not excepted within days. We hereby submit specifications and estimates for: Repair work @ front of building $850.00 1. Remove&repldce stone as needed 2.Grind mortar joints&tuck point as needed TOTAL $850.00 CONTRACT PAYMENT TERMS Terms of payment: Full payment will be due with days of completion on Contract Work, unless other arrangements are agreed upon and listed as follows: Late Payment Charges: Amounts not paid according to terms will be charged a service charge of 1.5%per month or the maximum legal rate allowable,whichever is higher,until paid in full. Meyer Masonry, Inc.shall also be entitled to recover all reasonable costs,charges,expenses and attorney fees expended or incurred therein. ACCEPTANCE OF PROPOSAL All terms and conditions are hereby agreed to by the parties listed below: Meyer Masonry, Inc. Date: Contractor Signature: Date: x CSR FINISHING, INC. Estimate 4401 Country Trail W. Jordan, MN 55352 DATE ESTIMATE# 9/6/2013 1168 NAME/ADDRESS Turtles Bar & Grill 132 1 st. Ave. E. Shakopee, MN. 55379 DESCRIPTION QTY COST TOTAL Stain,tone, seal and finish(Exterior Use)to match original/New Entry door @ 1 760.00 760.00 Turtles Social Center This estimate valid for 120 days from above date TOTAL $760.00 _ __-_ _____ __---.__�_� -----_�Q�r_►_ .___ ___.__- 3 ,00 _Cmly'A_`fir -cam_ 1A/I w_I Ad_4..23_ f 1 �-! --- ........................ ........:....... 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