Title
Consider approving Resolution No. 2025-076 approving an Economic Development Incentive Agreement pursuant to the Commercial Facade Grant Program for 13636 Neutron Road; and take appropriate action.
Body
REQUESTOR:
Economic Development and Tourism Department
BACKGROUND:
Jason A. Nunley, the President of Urban Logistics Realty LLC, has applied for the Commercial Facade Revitalization Grant for the property located at 13636 Neutron Road. The proposed facade improvements include, but are not limited to, new site paving at the entrance and rear, new roof, new storefront including windows, full exterior paint, exterior lighting, and relocation of electrical utilities to the underground. The total facade-only portion of the project is expected to cost approximately $614,698. A grant request for this project is requested for $50,000.
FISCAL IMPACT:
Budgeted Financial Impact of $50,000.
DISTRICT:
District 4
POSSIBLE COUNCIL ACTION:
1. I move to approve Resolution No. 2025-076 as presented.
2. I move to approve Resolution No. 2025-076 with modifications.
3. I move to table the issue for further study or take no action.
ATTACHMENT(S):
1. Resolution No. 2025-076
2. Economic Development Agreement
3. Façade Application
4. Presentation