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Home My WebLink About4.C. Consideration of a Facase Impovement Program Deferred Loan for Valley Sports, 102 West 1st Avenue, Shakopee General Business 4. C. SHAKOPEE TO: Economic Development Authority FROM: Samantha DiMaggio,Economic Development Coordinator DATE: 09/17/2013 SUBJECT: Consideration of a Facade Improvement Program Deferred Loan for Valley Sports, 102 West 1st Avenue, Shakopee. Background Valley Sports, 102 West 1 st Avenue, 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: •Paint •Block Repair •Powerwashing of the building •Awning Replacement The total estimated costs for the program are$6,675. The current City Program covers 40%of the total costs, therefore Valley Sports would be eligible for$2,670 in the form of a deferred loan. If participation is modified to 50%,the loan amount would be$3,337.50. 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 $2,670 or$3,337.50 and authorize the appropriate officials to enter into Repayment Agreement with Valley Sports. Attachments: Application Pictures 1 CITY OF SHAKOPEE Fagade Improvement Program Application for Deferred Loan I. Applicant Information Name of Applicant 0j)iV-jj ,� .n Date of Birth o Applicant's primary agent Date of Birth Name of Co-Applicant/Property Owner Date of Birth Tax ID # (if applicable) Address t� b c� 1� �,� U' _ 5: ,K M A) 177' Street City State Zip Telephone# ciy7- :2-S q5 3 3VO Home Work II. Property Information Address of Building to be Rehabbed r Ica, �� i �� E [woP Property Identification Number(PIN) L_®-- 7 b uoc�, al Contact Person f)f� U, TA0GiW Work Phone Number � _' 0 � Cell Phone Number E-mail address UALLF_ V S&RiS fob g �/ANct' Age of Building Number of Stories Date of Last Exterior Renovation (if applicable) I q911� Estimated Market Value 6zac, aw . Current Annual Property Taxes o ce LTA? Gross area of building C'" 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 3 A CO, (include commercial, office, etc.) Existing building use(s): jF111.._ Proposed building use(s): �t 11-�- III. Ownership Information Ownership Interest in property to bXIMTitle F] Contract for Deed "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: $ 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.) 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 Estimated Total Cost of Proposed Rehabilitation Work: $ 6,675 Requested Loan Amount from the Fagade Improvement Program — Loan amount may be up to 40% of the total construction costs, with a maximum of$15,000. $ 2,670 Source of Remaining Funds ❑ Personal Savings ❑ Private-Sector Loan (Institution: 6MOo E3 61,J ' �. 5t�Ak4, ❑ 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. I/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. I/We 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). ,r6 C z,.,J 1-3 Applicant U Date Co-Applicant Date I 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.&"J Dat Applicant Co-Applicant C:\Users\kholtz\Downloads\facade loan application_final_08302012.doc PROPOSAL -- 'J ----- JEFF SIEVEK ; j ;jVlffi Owner 754 Theis Drive Shakopee,MN 55379 Office:(952)496-2221 Fax:(952)496-2221 PROPOSAL St;ctljtlT�!`-.=D TO: WORK TC "Experience That Shows" NAME ADDRES Mobile:(952)292-3751 � � r Email:TheMastersWaylnc @msn.com ADDRESS DATE OF PLANS PHONE NO, _ ARCHITECT i 'fie hereby propose to furnish the materials and perform the labor necessary for the completion of _ r – -- All material is guaranteed to be as specified, and the above work to be perfomfed in accordance with the drawings and specifi- cations submitted for above work and completed in a substantial workmanlike manner for the sum of Dollars ($ with payments to be made as follows. Respectfully submitted Any alteration or deviation from above specifications involving extra costs will be executed only upon written order, and will become an extra charge Per aGC over and above the estimate. All agreements contingent upon strikes, ac- cidents,or delays beyond our control. Note—This proposal may be withdrawn by us if not accepted within days. ACCEPTANCE OF PROPOSAL The above prices.-specifications and conditions are satisfactory and are hereby accepted. You are authorized to do the work I as specified.Payments will be made as outlined above. Signature Date Signature _ 2 NC 3818-50 PRO P O SA L MADE IN USA PROPOSAL oleo1 A W N I N G www.acmeawning.com 3206 BLOOMINGTON AVE. • MINNEAPOLIS, MN 55407 • PHONE(612)722-2731 • FAX(612)722-2930 Proposal Submitted To Work To Be Performed At Name Street Street--- �' _� f`` City State City °, State Y Phone Number { We hereby propose to furnish the materials and perform the labor necessary for the completion of t , j ,`' (k I i tt All material is guaranteed to be as specified, and the above work to be performed in accordance with the drawings and specifications submitted for above work and completed in a substantial workmanlike manner for the sum of Dollars($ ). with payments to be made as follows: 7 Any alteration or deviation from above specifications involving extra Respectfully submitted- costs, will be executed only upon written orders,and will become an extra charge over and above the estimate. All agreements cont- r ingent upon strikes, accidents or delays beyond our control. Owner Per ,f.--�_. r.�'._.�-_..--� to carry fire, tornado and other necessary insurance upon above work. Workmen's Compensation and Public Liability Insurance on Note—This proposal- be withdrawn and above work to be taken out by by us if not accepted within days ACCEPTANCE OF PROPOSAL The above prices, specifications and conditions are satisfactory and are hereby accepted. You are authorized to do the work as specified. Payment will be made as outlined above. Date Signature M 4,J O M N 0 W a� LL cn > s � i b •.p Lam. La Y n.-c r . x. r 9 r aa� .5. t PL Amon Oil litlil,i�01 1, }t �� •� � To 5 , Rom Q - f . r .dr. x: P� %j+ W fi P 77 r. i t ^M e e ��. �� r-a i �. �� i��l�l�t'�t`l��b��a�d' .Y � �,� n , � �. � •t�,t�tat�tsk�paa al ae�'ke#rsiifi ar a�..or'k�at t �' �n'�'��as +rak . ____ _ �� ,C. s