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Home My WebLink About4.D. Consideration of a Commercial Exterior Imprvmnt Program Loan for Shakopee One 26 1st Street LLC. General Business 4. D. SHAKOPEE TO: Economic Development Authority FROM: Samantha DiMaggio,Economic Development Coordinator DATE: 09/16/2014 SUBJECT: Consideration of a Commercial Exterior Improvement Program Loan for Shakopee One26 1st St.,LLC Background Shakopee One26 1st St.,LLC has requested assistance in the form of a deferred/forgivable loan from the City's Commercial Exterior 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 • Structural Repair Two estimates were received: the first was for$223,700 and the second was for$233,650.Due to the extensive renovation costs associated with both the interior and exterior of this property, Shakopee One26 1st St,LLC is requesting a deferred/forgivable loan in the amount of$105,000. The Commercial Exterior Improvement Committee(A member of the EDAC,a former Historic Preservation Advisory Committee Member, a Shakopee Chamber Staff Member and City Staff)met on Thursday, September 11,2014 and recommended this forgivable loan be approved in the amount of$105,000 for the renovations of the property. Action Sought If the EDA concurs, it should,by motion,approve a Commercial Exterior Improvement Loan in the recommended amount of$105,000. If the Council has an alternative direction,it should so state. The EDA should also authorize the appropriate officials to enter into Repayment Agreement with Shakopee One26 1st St.,LLC, 126 1st Street, Shakopee. Attachments: Application Photos of Property EDA 4,p Pkc(3€ 46,c Commercial Exterior Improvement SHAAOPH: Hi Program Application 1) Applicant Information: tt tt Name(s): Q o Qs1(Lt dw'^ t��tZb p�-c w'{c° �2 t S r T ` f/t�� Telephone: (, /Z-7`/�'3�q$ Email:rc>f a€ h't'Jsvt+cIe v Mailing Address: 7-7 7 kits k• City: SHAt[6reL""" State: A) Zip Code: 5S'3 7 2)Propeily Information: Address of the Building to be Rehabbed: P.L.9 (5'r S T" Parcel ID #: oZ 7 00 1 {400 Age of the Building: t zS Number of Stories: Z., Is the Building currently vacant? Yes n No If yes,estimated length of vacancy: 1 1 y Business/ Occupant Name: Iff. W G c 3;4 lua CU PA Has this property previously received a facade grant? n Yes ❑ No A-LT dt>2 r(Ite kx,.,t70( If yes, for how much,in what year and what were the funds used for?Ot -, ReS S$TZC i etbit_grrer `t1 prz Peeri AJAg (l dT " trT�-i ucs1 Sitthc FOR- "PA croac i mi eadva'+tG1/1T. 3) Project Information: Estimated Total Cost of Proposed Rehabilitation Work: $ � v1 Cost' AI 441,, Z3 5e e, attuthei4. Requested Loan Amount from the Program$ (05,v a 0 Describe proposed improvements: 5 EE 107P ICI b 5'uPt,O NA71O 08.202014 Page 1 4) Required Attachments: • Renderings and/or plan drawings showing proposed improvements. • A minimum of two contractors'bids or proposals with a breakdown of itemized costs. • Proof of Insurance on the building 5) Data Practices Act The information that you supply in your application to the City of Shakopee/Shakopee EDA ("City")will be used to assess your eligibility for financial assistance. The City will not be able to process your application without this information. The Minnesota Government Data Practices Act(Minnesota Statutes,Chapter 13)governs whether the information that you are providing to the City is public or private. If financial assistance is provided for the project,the information submitted in connection with your application will become public,except for those items protected under Minnesota Statutes,Section 13.59,Subdivision 3(b) or Section 13.591,Subdivision 2. I have read the above statement and I agree to supply the information to the City with full knowledge of the matters contained in this notice. I certify that the information submitted in connection with the application is true and accurate. 1O fr / Applicant Signature/Tide 5N 0,„Ka vi On S'r 7-1&cc,Date Co-Applicant Signature/Title Date 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 have read the City of Shakopee's Commercial Exterior Improvement Policy and will abide by the rules and regulations set forth in the policy adopted on 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 understand that I/we are 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. 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• dequate performance of the contractor(s). eateWit, 1/1 air Applicant Signature/Title Date Co-Applicant Signature/Title Date 08.20.2014 Page 2 Date: 9/6/14 Dressen Building ot I� ��y�'UJ ��d Shakopee, MN ?NO ,S \N DIRECT COSTS Building $55,000 Demolition, Clean Up,Abatement $57,400 Demolition of Plaster Over Brick on Main Level $12,280 New Windows- Front of Building $27,900-( Tuck Pointing of Brick Walls/Facad $20,875 New Roof $57,400 -f Removal of Mechanical Equipment from roof $6,900 Removal of Plaster and Sandblasting of interior brick $22,280 Trim Work/Doors $10,000 Legal Organizational/Taxes/Closing Costs $14,500 Surveys $2,000 Apartment Fixtures $7,500 Sand Floors/Sandblast Ceiling Joist and Wood Deck $16,000 Plumbing $25,000 a boo HVAC sztgoe# Electrical $32,400 Contingency $25,000 Total $441,235 4, 6_0\ve 0 bas ar\c\Ok.o S Abeeor L. ,aD,3c7 \\\ 17) 3 ,,-1 5010 Page 1 of 1 Page(s) Proposal R W O'Brien Contracting,LLC 940 Bluebill Circle SHAKOPEE,MN 55379 612-916-5159 robrlen5205avahoo.com Attention:Scott O'Brien PROPOSAL SUBMITTED TO PHONE FAX O'Brien Development and Holding Company,LLC 612-741-3945 STREET JOB NAME Eagle Pet store clean-up and demo CITY,STATE AND ZIP CODE JOB LOCATION 126 1st Ave.E ARCHITECT DATE OF PLANS CITY,STATE AND ZIP CODE DATE N/A N/A Shakopee,MN.55379 7/9/2014 Proposal to clean out and demo interior of Eagle Pet Store Clean out and dispose of all excess supplies on first floor Remove and dispose of all shelving and store fixtures 1 Demo and dispose of all Electrical and mechanical equipment on first floor Demo and dispose of all ceiling tile and grid on first floor Remove and dispose of back porch and all furniture on second level Dispose of all ceiling grid and tile on second level Remove and dispose of all furniture,cabinets and contents on second level Remove all sheetrock and non-structural walls on second level Remove carpet and damaged underlayment on second floor Remove and dispose of all Mechanical and electrical equipment on second level Clean out entire basement and dispose of all contents including mechanical and electrical equipment $57,400.00 Demo of plaster over brick on Main Level(budget to be determined on T&M basis) ADD $12,260.00 Above does not include the following and will be determined once main building is cleaned out Sanding or sealing of wood floor and ceiling joist and wood decking Add $16,000.00 Sandblasting of brick Add $10,000.00 Exterior Windows,Doors Add $24,000.00 Removal of mechanical equipment on back roof Add $6,900.00 Asbestos Abatement if any is found We Propose hereby to furnish material and labor-complete in accordance with above specifications,for the sum of: Fifty-Seven Thousand Four Hundred and no/100— — dollars($ 57,400.00 ). Payment to be made as follows: 25%down balance on bi-weekly progress payments Al metelel Is guaranteed to be.s;omitted.Al Mods to be aonpfeted in a eorlmoriica mamu.ccordngm stenden]prefixes.Any Menton of dereuon from above specific. Authorized Rob O'Brien tiros ImoMrp axis mats M1 be exalted ony upon wallet orders.and cot become an Signature mare verge over end above the est.n.ta.al ego-wicks co,dn pert upon smras.amnderts Title President det.ys beyond ourcorta Oooet to carry are.tornado end aver necessary Insurance. Note:This proposal may be Ora workers ere fully covered by Workmen's con,pem end 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 Wen Demo pet store rexfeed 61114 Page 1 of 1 Page(s) Proposal R W O'Brien Contracting,LLC 940 Bluebill Circle SHAKOPEE,MN 55379 612-916-5159 robrien 5205avah oo.co m Attention:Scott O'Brien PROPOSAL SUBMITTED TO PHONE FAX O'Brien Development and Holding Company,LLC 612-741-3945 STREET JOB NAME Eagle Pet Storefront window and door replacement CITY,STATE AND ZIP CODE JOB LOCATION 126 1st Ave.E ARCHITECT DATE OF PLANS CITY,STATE AND ZIP CODE DATE N/A N/A Shakopee,MN.55379 7/22/2014 Install new Aluminum framing and glass at store front of old Eagle Pet Center Install new full hieght windows at existing windows $15,200.00 Dark Bronze anodized aluminum framing Two panes at all windows Install two Aluminum doors with window above Doors to have required panic device and closer All glass to be Low E insulated Removal and disposal of glass included Removal of front facade and drop ceiling inside by others Install new custom fit windows at front wall on second floor to match existing openings $12,700.00 Windows to be vinyl double hung with insulated glass and screens Low E Glass Includes removal and disposal Niether bid includes Brick patch or repair Interior wall patch or trim We Propose hereby to furnish material and labor-complete in accordance with above specifications,for the sum of: Tv dollars($ 27,900.00 ). Payment to be made as follows: 25%down balance on bi-weekly progress payments Ai material Is puenaeed to be as specified,Moods to be carpeted In awaloneise memos macho to stand.,!practices.Any eteratlon or dclsnn treat above spedncs• Authorized tfalD'' mien Cons k0OFAnp exbe costs we be eeeP■ed Dry wow/wilen ondent,and Wl become on Signature f, e t:r mint memoa oven and above the estimate.Arepeemenu contingent upon strikes,accidents Title President or delays beyond our ooma.Oanen to cart'fire,fomado and are necessary insurance Note:This proposal may be Our workers are bay conendb yWort„owls 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 wit be made as outlined above. Dale of Acceptance: Signature Odton Demo pet store Bestial Transamerica construction Transamerica construction Estimate 50 . E 5994 150th St Prior Lake, MN 55372 Date Estimate No (612)616 1329 07/02/2014 1027 kri :-� jason.tcconstructiommn@gmail.com Exq.Date `� �1 " Transamericaconstructionminnesota.cor Address ,:Rob Obrien 1 1 Activity Amount • Tear off roof down to bare decking • Remove old tar and flat roofing on bottom deck down to bare decking • Repair any bad or rotten decking ( TBD) • Install iso insulation board 4inch on top roof slope to back • Install Iso board on bottom roof sloped toward back of building with a short flat part towards end of roof • Install TPO roofing system white in color and fully adhered on top roof • Install TPO roofing system white in color on lower bottom roof. • Remove and replace all parapet metal on entire building and add scuppers and gutters where needed • Demo and haul away included 57,400.00 All Est Good For 30 Days Total $57,400.00 Eagle Pet Center Accepted By Accepted Date Page 1 of 1 Page(s) Proposal R W O'Brien Contracting,LLC 940 Bluebill Circle SHAKOPEE,MN 55379 612-916-5159 robrien5205CrDVahoo.com Attention:Scott O'Brien PROPOSAL SUBMITTED TO PHONE I FAX O'Brien Development and Holding Company,LLC 612-741-3945 STREET JOB NAME Eagle Pet HVAC replacement CITY,STATE AND ZIP CODE JOB LOCATION 126 1st Ave.E ARCHITECT DATE OF PLANS CITY,STATE AND ZIP CODE DATE NIA N/A Shakopee,MN.55379 7/23/2014 Install new HVAC In Appartment and main floor of old Eagle Pet Center Install 2 New Rooftop units(one STon for main level,one 2 1/2 ton For second level) All duct supply and return to be insulated Two bath fans ducted Main floor duct to be exposed Apartment to be diffusers in accouslical ceiling All Roofing by others We Propose hereby to furnish material and labor-complete in accordance with above specifications,for the sum of: Fr dollars t$ 48,600.00 ). Payment to be made as follows: 25%down balance on bi-weekly progress payments f AI malarial Is guaranteed I be as spedrrcd.Al work to be completed h s wonaMntke manner accwdno to standard brooticec Any etendon &Melon tram ebbve epednct Authorized Rob O'Brien C" own involving mare coots wt/be mewed orgy Open retort orders,nodal become an Signature Wre charge over end above the estimate AI agreements owtdparl won strikes,acoidMs Title President or delays beyond ma cw+rok oaeer to carry bre.tornado and ouwnecssary Insurance Note:This proposal may be Ow waters are ruby covered by Workmen's Conpeosedon 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. Dale of Acceptance: Signature Wen Demo pet store HVAC Page 1 of 1 Page(s) Proposal R W O'Brien Contracting,LLC 940 Bluebill Circle SHAKOPEE,MN 55379 612-916-5159 robrien52o5(wahoo.com Attention:Scott O'Brien PROPOSAL SUBMITTED TO PHONE FAX O'Brien Development and Holding Company,LLC 5 2- NAME 5 STREET Eagle Pet Electrical replacement CITY,STATE AND ZIP CODE JOB LOCATION 126 1st Ave.E ARCHITECT DATE OF PLANS CITY,STATE AND ZIP CODE DATE N/A N/A Shakopee,MN.55379 7/22/2014 Install new electrical In Appartment and main floor of old Eagle Pet Center Install 2 New 200 AMP panels Wire three rooftop units All new lighting and outlets in 2nd floor apartment Washer,dryer and range hook-ups New lighting and outlets in main floor store area and back office and storage rooms New lighting and convinience outlets in basement level Electrical Permit cost included We Propose hereby to furnish material and labor-complete in accordance with above specifications,for the sum of, TI dollars($ 32,400.00 ). Payment to be made as follows: 25%down balance on bi-weekly progress payments PI miens!is pwrvteed to be es wedded Al wed to be cdreleted N I wabrsrike manner accorded to as rd pre dices.My eeeeellon ordeNNion from shove spedflcr Authorized Rob O'Briep aorn kmiontno ea,.costs wr be weeded orb tow wrlden orders..Weil become en Signature extra change over end 1111011!the memos.N.vicemnts=toped eon strikes..cdderts Title President ordetvs beyond our conies&Omer to cony fire,tornado and other necess.ynnr..eu. Note:This proposal may be Ow waken ere Idly covered W wotdmts Corwen..tlan Plumed withdrawn by us N not accepted within 30 days. Acceptance of Proposal-The above prices,specifications and condition are satisfactory and are hereby accepted.You are authorized Signature to do the work as specified.Payment will be made as outlined above. 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