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HomeMy WebLinkAbout4.B.2. Consideration of a Commerical Exterior Improvement Program Loan for ABF Properties, LLC. (DBA Thrivent Financial) General Business 4. B. 2. SHAKO PEE TO: Economic Development Authority FROM: Samantha DiMaggio,Economic Development Coordinator DATE: 06/17/2014 SUBJECT: Consideration of a Commercial Exterior Improvement Program Loan for ABF Properties,LLC(DBA Thrivent Financial) Background ABF Properties,LLC has requested assistance in the form of a deferred loan from the City's Commercial Exterior Improvement Program(previously the Façade Improvement Program). If the application is approved,the following work will be done to the exterior of the building: •Purchase and installation of new doors and windows •Roof Replacement •Brick Repair Two estimates were received:the first was for$63,088.30 and the second was for$58,012. The program covers 50%of the total costs or a maximum amount of$15,000. Due to the extensive renovation costs associated with both the interior and exterior of this property,ABF Properties,LLC is requesting a deferred/forgivable loan in the amount of$29,006. The Commercial Exterior Improvement Committee(EDAC Member,a former Historic Preservation Advisory Committee Member,and City Staff)met on Thursday,June 12,2014 and recommended this loan be approved in the amount of$15,000. Action Sought If the EDA concurs it should by motion approve a Commercial Exterior Improvement Loan in the recommended amount of$15,000. If the council has an alternative direction, it should so state. The EDA should also authorize the appropriate officials to enter into Repayment Agreement with ABF Properties,LLC,238 Lewis Street South, Shakopee. Attachments: Application Photos 1 CITY OF SHAKOPEE Commercial Exterior Improvement Program Application for Deferred Loan I. Applicant Information Business Name: i?covkes, �- L�- 'r 61C t ` iv\t dtC ca Primary Contact A/Ala.) Ct. Name of Co-Applicant/Property Owner Tax ID # (if applicable) 9 D-1 07 a 1 Address t RO eL Cicc haY f'f'_ MA) 563I7 Street City ' State Zip Telephone# (1a 7)G = 1 gi-R Email: all Ceo , c. 1 , _}_ H. Property Information Address of Building to be Rehabbed ,), g LettA& S s S.e), S laqee- Property Identification Number(PIN) c 7OO 1a i o�c Age of Building 191-15 Number of Stories Date of Last Exterior Renovation (if applicable) PAV1 4,Ot V Gross area of buildingi-{ © 0 sq. ft. (exclude non-habitable space such as attics, basements, etc.) Gross area of non-residential space (include commercial, office, etc.) Existing building use(s): C \ ç!t:';i_ \ ,C.4 Proposed building use(s): C:\Users\f039838\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\PV018RHA\facade loan application final 08222012.doc 2 111. Ownership Information Ownership Interest in property to be improved: ❑ Contract for Deed I Title "Free and Clear" xr Mortgage ❑ Other: Specify: 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 photo of existing building prior to planned improvements; renderings and/or plan drawings showing proposed improvements; a minimum of two contractors' bids or proposals must obtained and submitted along with the application. Please itemize costs when possible.) �> CV ! )€i, i`d0 ey-Y\ otaz ilk l i,n It A)cc 0- c c Dc©�s wv\\ 6 of\s- .Eleri "'Some_ \c`, e- are ce- c7 I cec& zJYk©\,1 12ces 1D_t A it,piaLed pockets* coctcc buLAA i ita col ti v--004\ o 4 e ccx Saa 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.) bfki),,tv tAki,,,t,t-Ut44,tr241 tja rt, a, 4.A., „4„:4,....„, 1 , O i, triA 'V QAA ak r4 Ilak QLQ4 --)-D `` " rti (ten 3 )1� t• V\ a C:\Users\ 39838\AppDat�ocal\ icroso Windows\Temporary Internet Files\Content.Outlook\PV018RHA\facade loan application final 08222012.doc 3 Estimated Total Cost of Proposed Rehabilitation Work: $ Requested Loan Amount from the Facade Improvement Program $ (° i 00 *Loan amount may be up to 50% of the total construction costs, with a maximum of$15,000. Source of Remaining Funds .g'Personal Savings ❑ Private-Sector Loan (Institution: ) 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 representative 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 owner and to occupants. 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. 1/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). (WV Eig-114 Applicant Date Co-Applicant Date C:\Users\f0398381AppData\Local\MicrosoftWVindows\Temporary Internet Files\Content.Outlook\PV018RHA\facade loan application final_08222012.doc Page 1 of 1 Page(s) Proposal R W O'Brien Contracting,LLC 940 Bluebill Circle SHAKOPEE,MN 55379 612-916-5159 robrien5205(cavahoo.co m Attention:Andrew Frank PROPOSAL SUBMITTED TO PHONE FAX ABF Properties,LLC 612-710-1848 STREET JOB NAME 840 Rosewood Circle , Building Upgrades CITY,STATE AND ZIP CODE JOB LOCATION Shakopee,MN.55379 Same ARCHITECT DATE OF PLANS CITY,STATE AND ZIP CODE DATE Linner/Winkler _N/A 5/21/2014 Item#1 $23,628.00 Remove existing roof at front half of building Install new 60 mill fully adheard roof over Iso insulation and taper building to drain to the north Install new gutters and downspouts Install new roof lumber and new metal coping at building exterior walls Install new fully adheard roof at new 14'x 28'roof to be framed by others i'''''''?Item#2 $792.00 Cb Demo Miscelaneous awnings and signage Item#3 $23,010.00 Demo all windows and doors and install new aluminum and low e clear glass Item#4 Demo old roof and install new framing to match existing ceiling heights 14'x 28'area $6,457.00" Item#5 Misc.Brick patch and all new stone sills at windows $4,917.00 ('� Item#6 F 1 Architectural and Structural Fees $4,900.00 (- 06‘.\\J We Propose hereby to furnish material and labor-complete in accordance with above specifications,for the sum of. Shay-Three Thousand Seven Hundred Four and no/100----------------------- dollars($ 63,704.00 ). Payment to be made as follows: Progress Payments At materiel is guaranteed to be as specified.At work to be completed In a woMmanake t op manner accordng to standard practices.Any alteration or deviation from above specinoa- Authorized Rob O'Brien ' lions invoMng°A a caste wit be executed only upon wraten orders,and will become an Signature (�� ' J ibi extra charge over and above the estimate.AN agreements contingent upon strikes,accidents Title President or drays beyond our cemra.ownerto carry fire,tornado and other necessary Insurance. Note:This proposal may be Our workers aro tiny covered byworlanen's compensation Insurance. withdrawn by us if not accepted within 30 days. Acceptance of Proposal..The above prices,specifications and conditions are satisfactory and are hereby accepted.You are authorized Signature to do the work as specified.Payment will be made as outlined above. Date of Acceptance: Signature ABF Properties 6dedor upgrades Transamerica construction Transamerica construction Estimate i`csit 1;' c;; 5994 150th St ll_ :�,, Prior Lake, MN 55372 Date Estimate No. T {612)616--1329 iy , t1 n C Y1 Cason,t cconstructionnn @gmaii.com Transa nericaconstructionninnesota.co r 04/07/2014 1017 Exa.Dat e Address Rob Obrien Activitli Amount • Tear off 2 layers of roofing. 1st layer epdrn 2nd layer hot tar, pitch and gravel. 60x40 • Install new slope and insulation to pitch towards sewer drain between building. • Install new epdm 60mil fully adhered with pitch • Install new metal cap on side • Repair back of building where the gutters are • Repair back of building after new truss system is done for pitch by chimney • Haul away debris and clean up included • 20year warranty with 5 year craftsmanship warranty 19,800.00 AdA f'tFtrn;sit f _1 o f ie. f I 1 w©()(S Zockiy a*4» eye! i /f 6go.co 02 J qg©°6 L _- -- — - --- Coffe shop Total $19,800.00 Accepted By Accepted Date '',c9 \4 Op AR ■, k6 ---- ' Ccsvos* • MIDLAND GLASS Co. 9 INC. 410 11TH AVE. Hopkins MN 55343 952/928-7800 Fax 952/928-2279,www.midlandglass.com DATE: 5-15-14 PROPOSAL (aluminum & glass) To: Rob O'Brien ROBrien5205W,vahoo.com 0:612-916-5159, F: N/A R W O'Brien Contracting 940 Bluebill Circle, Shakopee,MN 55379 Project: Thrivent Financial-xxx Lewis St, Shakopee,MN Base Price$18,918.00(Tax included) *Furnish&install: *(12)exterior(1)interior dark bronze anodized aluminum elevations having(4)medium stile aluminum door leafs with 10"bottom rails and standard M.G.0 hardware,Jackson panics&LCN closers *1"O.A.clear low e insulated glass *shims,fasteners,caulking,shop drawing,M.S.D.S.,and color samples for above Questions regarding this quotation should be directed to 952-345-2649 *CLARIFICATIONS: We need a signed agreement and approval of our shop drawings,hardware,finish&glass samples before proceeding Others will provide master keyed cylinders and other items not indicated above ADDENDA: N/A *THIS PROPOSAL IS SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS: 1. Acceptance is subject to the approval of our Credit Department and correction of clerical errors or estimation errors, 2. Payment in full is due net 30 days. 3. All new equipment includes a one-year limited warranty excluding glass breakage(within our normal business hours and original scope of work). *EXCLUSIONS unless specifically noted above:No liquidated damages;No special riders/forms/bondstinsurance;We may subcontract; 1. No caulking,touch-up,cleaning,`attic stock',art glass,impact/bullet-resistant,fire-rated,sloped,bent glass,mirrors,skylights,operable,or clad windows 2. No wood,metal,masonry,plastic,film,insulation,louvers,demolition,relocation,storage,protect,adjust,mock-up,test,draft stops,electric&prep 3. We are not responsible for coordinating work,verifying openings,or replacing glass(or any other materials)broken unless caused directly by us. . 4. We shrill not provide temporary enclosures,nor be required to install materials under unfavorable conditions as defined in manufacturers'instructions or as determined by accepted and established standard practices for our industry. No special warranty—contact us for charges related to special warranties. ACCEPTED BY DATE Ron Simon Ron(a?mxdlandalass.com 952-345-2649 THIS PROPOSAL IS SUBJECT TO CHANGE WITHOUT NOTICE UNTIL,BOTH PARTIES SIGN FOR CONTRACT AsJ I De in 0 Eirj-Lij 1A) ;101-014)-( ./) 11,61-'1 S gc? 06 0 • A_Ld 41^-1 j 5\ Bav,2) *'''s2 Da) -42!)::-W',trliktPc12.-----0<-3)DI° Page 1 of 1 Page(s) Proposal R W O'Brien Contracting,LLC 940 Bluebill Circle SHAKOPEE,MN 55379 612-916-5159 robrien5205t'<ilvahoo.com Attention:Andrew Frank PROPOSAL SUBMITTED TO PHONE FAX ABF Properties,LLC 612-710-1848 STREET JOB NAME 840 Rosewood Circle Roof framing demo and build back CITY,STATE AND ZIP CODE JOB LOCATION Shakopee,MN.55379 Same ARCHITECT 'DATE OF PLANS CITY,STATE AND ZIP CODE DATE Linner/Winkler NIA 5/17/2014 ROOF DEMO AND BUILD BACK Remove roof and truss on 14'x 26'section of building Build 2"x 6"wall for bearing Add TGI joist at 16"on center Infill exterior walls Roofing and finishes by others We Propose hereby to furnish material and labor-complete in accordance with above specifications,for the sum of: Six Thousand Four Hundred Fifty-Seven and no/100------------------- dollars($ 6,457.00 ). Payment to be made as follows: Progress Payments A7 material Is guaranteed to be as specified.AI work to be completed In a worlonannke manner according to standard practices.Any alteration or devmtion from above specifics. Authorized Rob• (ions involving extra costs wiN be executed only yon written orders,and will become an Signature extrachame over and above the estimate.AN agreements contingent upon strikes,acddents Title Presld Ynt or delays beyond our control,Owner to carry bre,tornado and other necessary Insurance. Note:This proposal may be Our workers are fibly covered bywomnerds Compensation Insurance. withdrawn by us if not accepted within 30 days. Acceptance of Proposal_The above prices,specifications and conditions are satisfactory and are hereby accepted.You are authorized Signature to do the work as specified. Payment will be made as outlined above. Date of Acceptance: Signature ABF Properties Exterior soot Framing Chateau Brick &Repair Inc Estimate 2450 W 150th St Shakopee, MN 55379 Date Estimate # 5/20/2014 50 Name /Address Ship To RW O'BRIEN CONTRACTING, LLC Thrivent Building 940 BLUEBILL CIRCLE SHAKOPEE, MN 55379 Project Description Qty Rate Total Fill in brick on 2 windows. Color match to existing brick. 4,470.00 4,470.00 Add stone veneer to Lewis St entrance. Include 47 in ft stone sill Total $4,470.00 • O cf--) N O 60'-53/4" / / 13'-7" 15'-8" I 17'-5114" 13'-912" / / / I O40'-312"SPACE 2 I 20'-21/4"SPACE I . / " 13'-312" 13'-3314" g$- j.7.=_L,!N 19'-73/4" �op / I � h O O \ N. \ D I ` b - - o I 'g =$ m I $ fn y 9 D o M nm _ A I y iI Ii �' o m I_ ,��F � 51 3 `�$ ,!''� -' I J m 18'-812" 5'-8" 2'-6314" 7'-13/4" e'-111/4" re-777,110 ill w A j1 � Wr§1 8 A \ - o ^ I o � II 8 \,� m■w 73 I I YIF 1 '� ^g D U o 4 -s\--Li,4 \4rri1 SID . \ 64 A O Lir 1 All n I ... �I��■L■ - ` \ C) EE / 11'-t 1/4" / 10'-8114" 5'-11" 9' A/ 13'-3' 1 Z 18'-1 3/4" 0 42'-4' FLOOR PLAN 'A' THRIVENT David Linner Project number 1368 A-^/ OFFICES Architects Date 5-20-14 IY/ B0bombphn,MN 55011 Drawn b MDG ��, llllll..,� 238 LEWIS STREET E:052188444455 y SHAKOPEE,MN 55379 �n • Checked by DPL Scale 1/8"=1'-0" 'I 1 t 1 .0h6=.816 e1e°S 1d0 Aq P9pagQ 1 mo w.o xvd 6/055 NW'33dONVHS ss.-1.(m).w. ri J OW Fq uMSIO •�� 1.1%°w.,o,� 133211S SIM318EZ �v y�em.wa�o.�.0l v OM *PO S}3OT!^gOJ V 5��1�.�0 89E1 Jegwnu�a(ad Jauui� pima IN3ARIHI SISA1VNV OOO O d to JJ t: • ›-W Q Z 0 o U g cn w O Z J w O on 2 n U N z O • Et 1— V, J W N. • U W C� U LO 1^' W � CO N Z U V L J ZU Q W W N W Z �Lj_ 7 0 rwn Z cZ5 a /� L m 2 ffi O U VJ 8 Wa m 0 O W ♦r�^ J co O ,$Y`1 m 0 �//'�� _ >- IN 0 0 a O o VJ W _I '5 optb O 00 N W O fon aV.l- LL .J W U J fl II U V cd Q (LW U 0I�i J i o W o D...) . 0 ?NW :8.!nD J O Ili �CJp �JLLLL ON� WU O f7 M N �pN ILLrOO O WZO O O 1 1 1 cv'1 __ R O Z 0 0 w < O W omN m 4< W 1-1-J a vNv .�/L'� U Q au¢ oOZZ p NfWn � a OO lima' vJ m muJO �F..m z wWg n.-'- N U cLLFZ O maifpo J pa0 Qpl] fTfp❑ LL m, $ QODU SNP QWLLO,K a�K o 0 II W�.ca F Wo, 0-o> >O> ivies ULLo 8 �coiaa a ~�� coi3� � g rr ?Z�j, x F{-- AIy� .gig 0 �0 m 0 II 1§,q. ii00 u+ (7 Fa Wool n V m = Z m 6,2,,, 0,,,- .(< K to oiD N 0 l- a w W J a c`I iIyVJ w ii bw K Z d11l 000 OQ Q Ili QG = Q Q O OF W W W W ?70) N W N E fan y Q Z W Q re UG 0 a. 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