urbana tirz 3 application final

7/25/2019 Urbana TIRZ 3 Application Final

1/16

City

of Corpus

Chrisl

O

IV

Manager'S

ffiU

Corpus Chtisti Oowntown Management OtsttlCt:

Tax

lncrement Reinvestment

Zone

#3

Application for Incentives

Apphcant Name; C h n l _ u o _ ~ ~ e t N W _ _ _ ,Date.

lleceni et

30. 201s

P h o n e ~ :2 l3-908-29

27

Emal e c x c . . o o m

Check Programs App llcant isRequesting :

j ]

Chaparral St Property lmprovement Program O

Downtown living

IMiative Grant

O Ne w Commercaal Tenant Fin1sh Our Program

O OeveJoproent Agreement (Choose

Quallf

ed p e n s e Below)

O PubltC l m p r o ~ m e n t s / I . J t l l l t e s 0Ptc ferred Uroon DesignjLondscopmg

O

Structured Porkmg 0Htsronc Preservooon/Rehob

O Enwonmentol RemedtotiOn/

Code

Compltonce

O Resldent


2/16

OtyofCorpus Chrlst

i Clty

M n a g e ~ s

Office

Corpus

Christl

Down

town Ma

na

gement Olstrlct

Current Propertv

Value

TBO Proposed tnvestment: $145,600

Purchase

Pnce S

350

000

Sq.

Ftland/lmprovements

_5_

0

_

0

_____

E timated

Start

Date February

1

2016

Completion Date:

May

1

20

16

Required Attachments:

(A) Pro}ect lllustrntfon, Plans, Spedficatlons and Drawlngs lvl

(B} Construclfon

Pro-Forma

(Sources

and

Uses of Fundingt

and

Statement of Flnanclng lttl

(C) Summary of Partoers, Professional Col'\sul tants and

Expe

rience ofTeam l

tt

l

CERTIFICATION

1

hereby certl(y that

1

am

authorl

zed

to

slgn

the

Incentive apphcatlon

ttnd

w

Jnformatlon contained

In

the

appllcation ls true correa

to

thg be5t of my knowledge 1also understand and certtfy that 1 'lave read

the po lky gurdellnes for each po llcy In wh,ch 1am applvl ' for and am famlfiar with the provlslons

contalned thereln

l hereby warrant that all c o r u t r u wlll be auordanc wlth the

dty of Corpus

Chrfstl Building Codes,

that work wlll not commence on ltems eflglble for reimbursement untll thts appllcatJon

has

been

submlned lO and an agrecment a p p o ~ by the Board

of Directors of

the lene. Ta tlle ben of my

knowledge. no

rnember of

he

Board

of

Olrcctors

or employee of

the Downtown

Management D{smct

or

Oty of

Corpus

Chr ist1 would

have any

financia Jnterest, dlrect or lndlrect.

In any

assistance whlch may ' '-

L II

provide

to the appl n (or

f tu

affillates) far the

prolect descrlbed hereJn NOk.

J n a S l clOCJ..U

Si

gnature

Date. ,

1-11-11

bwhcd

1\ifP

The

appllcatlon t be complete

and returned

for

c.onsideratJon

prior

ro

the submlsslonoran appllcaton V\IC

No

for a building perrnlr or the issuance

of

a certfficateof occupancy, whlchever comes flrst. Upon receipt of

thls appflcatlon, \he Cltv of

Corp

us

Christ

l shall requlre such

fTnanclJJI

and other lnformation as may

be

deemed ppropriate for eva luatlng the

flnanclal

capaclty and other factors

of

the appllcant Ftlr m o ~

lnformation or questlons l e a s ~

call

Alyssa B a r r e ~ BuSiness Liaison forth Oty Manager's Offlce at (361)

8 2 . 6 ~ 3 3 5 6 Offidal submtttal must

be emai Qd

to

AlnaB@qWxu

.w m as a single

POF

document

FGr lntemal Use Onty:

Recelved

by Otv

Manager'S Office: Date: L

1_.

_ ...:

J)

Re

ce.Jv

ed

by

DM

O:

Date

Revrewed by CCREOC: Date:

ProJed

Manager Asslgned: __

::;..t-eN Cfl__;;.. _

; : _ ;

.....

Ta lncrement RelrwestmentZone#3 Appl,catlon

Updated Oetember 2015

r


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14/16

ProjectName:DowntownDeli

ProjectAddress:424N.Chaparral

ProjectSources OtherDepreciable(FFE)Purchase:LandandBuildings Furniture,Fixtures,Equipment

CashandCommercialLoan $350,000.00 Installrefrigerationunits

Other $0.00 Displaycases

$350,000.00 Tables,chairs

Project

Costs Misc.equipment

ConstructionLoan $125,000.00

TIRZReimbursement $72,800.00

$197,800.00 ProfessionalFees

TotalSources $547,800.00 ArchitectFees

Engineering

Project

Uses Attorney/RealEstate

Purchase:LandandBuildings Consulting

BuildingAcquisition $350,000.00

Other

$0.00 $350,000.00 DeveloperFees

SiteWork DeveloperFees

On

site $0.00 General

Partner Offsite(steets,curbs,gutters) $0.00

$0.00

Rehabilitation/Construction InterimCosts

Replaceroof $36,000.00 ConstructionInterest

ReplaceHVAC/Ductwork $26,000.00 ConstructionLoanFee

InstallNewSingage $5,000.00 Insurance,Title

PaintExterior $4,500.00 Taxes

ReplaceWalkinroofunit $11,000.00

Resurfacefrontentrance $2,000.00

InstallGarageDoor/OutdoorCa $18,000.00 ProjectReserves

Refinishfloors $8,000.00 ReplacementReserves

Replacebathroomfixutresand $2,000.00 Other

Repairceiling $5,000.00

Installnewelectricalandlightin $8,000.00 TotalCapital/ConstructionCosts

Installnewcarpeting $2,000.00

Paintinterior $3,500.00 Inventory/PermanentWorkingCa

Contingency(10%) $13,100.00

FeesandPermits $1,500.00 TotalUses

$145,600.00

Interior

Exterior

TIRZ#3CONSTRUCTIONSOURCESANDUSESSTATEMENT


15/16

ProjectTeam

Principals: ChristianBernardandAshleyBernard, SugarbakersBistroandBakery

Theprincipalshaveacombined30yearsofrestaurantownershipandmanagementexperienceranging

fromcorporateownedandfamilyownednationalfranchisestotheirmostrecentprojectasprincipalsof

theverysuccessfulSugarbakersBistroandBakeryrestaurantat2766SantaFeinCorpusChristi.

Theyhaveademonstratedabilitytorevitalizerestaurantsandincreasesales.SinceacquiringSugar

Bakersin2013theyhaveincreasedsalesmorethan50%inthefirsttwoyearsofoperationand

completed$40,000ofrenovations. Previoussuccessincludes:

LeadingJoesCrabShacklocatedontheLawrenceSt.THeadto4straightyearsofsalesgrowth,

growingsalesfrom$2.5to4million.

Participatingonmanagementteamopening5newnationalchainrestaurants.

Relocatingandsuccessfullyturningaround3underperformingtroubledrestaurants.

ProfessionalConsultants:

Architect

Nick

Gignac,

GignacAssociates

NickGignachasbeenadesignprofessionalandprojectmanagerwithGignacArchitectssince

2010. HeholdsaMasterofArchitectureandBachelorofScienceinConstructionSciencefromTexasA&

muniversity. NickhasworkedonhundredsofarchitecturalprojectsthroughouttheCorpusChristiarea

includingnumerousawardwinningprojects. NickhasalsobeeninvolvedintheCorpusChristi

Downtownrevitalizationeffortoverthepastyears,takingonmultipleroleswithvariousorganizations

includingtheCCDowntownManagementDistrict.

GeneralContractor

JoryHouseberg

OwnsandoperatesHousebergConstructionforover20years. Extensiveexperienceinthe

CoastalBendwithgroundupconstructionandremodelingcommercialandresidential

structures.

Utilizes

an

expansive

network

of

subcontractors

for

many

phases

of

construction

includingbutnotlimitedtoelectrical,doorandwindows,plumbing,flooringandfinishwork.

HousebergconstructionwastheGCfortheremodelcompletedin2015atSugarbakers. That

projectwascompletedasscheduledandonbudget.

Consultants

AaronOtten

AaronOttenisaformerbossofChristianduringemploymentatJoesCrabShackwith20plus

yearsofrestaurantmanaging. Hislastpositionintheindustrywasasdirectorofoperationsfor

thenorthwesrteritoryforIgniterestaurants. Heoversaw14restaurantsin5states. Christian

workedunderAaronfor4yearsin3statesat3differentrestaurants. Duringthattimethey

workedintheirrespectivepositionsturningaroundtroubledlocationswithinAaronsregion. A

strongworking

relationship

was

formed

during

those

years

and

has

continued

to

this

day.

His

adviceandreviewofhistoricaldocumentsaswellasthefuturebusinessplanregardingthe

acquisitionofSugarbakerswasindispensable. Heisgiventheopportunitytoreview

Sugarbakersannualperformanceandhiscommentsandsuggestionsaboutthoseresultsand

futureplansaregivensignificantweight. AaroncurrentlyholdsthepositionofSVPatElkhorn

ValleyBank&Trust. Hissuccessatthatpositionoverthelast4yearssinceleavingthe

restaurantindustrydemonstratesthatnotonlydoeshehaveasolidtrackrecordofmanaging

foodandbeveragerelatedbusiness butbusinessandfinanceasawhole.


16/16

StephenRybak,MoreheadDottsRybak

Withover10yearsofexperienceintheadvertisingandcreativeworld,StephenRybakhasleadthe

development,directionandproductionofnumerousmassmediaadvertisingcampaigns.Hisbrand

experiencehasincludedCITGO,NavyArmyCreditCommunityUnion,USSLEXINGTON,CHIand

Biosilk.

Therecipientofmorethan200creativeawardsforhiseffortsacrossmultiplemedia,Stephensworkhas

beenrecognizedlocallyandinternationally.AwardsincludemultipleBestofShow,BestofTelevision,

BestofPrint,BestofRadioandBestofInteractiveAwardsfromtheAmericanAdvertisingFederations

AddyAwards.Hehasalsowon12TellyAwardsforhisworkinbroadcastand3DaveyAwardsfrom

theInternationalAcademyofVisualArts.

BornandraisedinCorpusChristi,Texas,andagraduateofTexasA&MUniversityCorpusChristiwitha

degreeinMarketing,StepheniscommittedtothefutureoftheCoastalBendRegionandsupports

anythingandeverythingthathasapositiveimpactonthecitysfuture.Stephenwasnamedoneof

CorpusChristis40under40in2009,acivicorganizationhonoringyoungprofessionalswhoexcelin

theircareerswhilecontributingtothecommunity.Heplaysanactiveroleinthecommunityregularly

servingon

numerous

boards

and

commissions.

Stephen

also

contributes

many

hours

of

pro

bono

marketingandadvertisingservicestocivicandcharitableorganizations.Heisacreativeproblemsolver

withadynamicpersonalityandcompetitivespirit.Hisrightbrainmeetsleftbrainthinkingmakehima

greatadditiontoanyendeavor.

urbana tirz 3 application final

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