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Resolution 2024-04
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Resolution 2024-04
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Last modified
3/18/2025 11:49:16 AM
Creation date
1/25/2024 11:29:58 AM
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Template:
City Council Records
Also Known As (aka)
Property Tax Increment Rebate Agreement__Schlageter Properties
Meeting Date
1/16/2024
Doc Type
Resolution
Ord/Res - Year
2024
Ord/Res - Number
04
Property Address Number
916
Property Address Street Name
Main
Subdivision Name
Louisville Town of
Quality Check
3/18/2025
Document Relationships
Resolution 2024-63
(Cross-References)
Path:
\CITY COUNCIL RECORDS\TOWN SEAL (40.150)
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EXHIBIT A <br />Description of Project Improvements <br />• Redesigned Main Street storefront facade design that is cohesive with the <br />Downtown Design Guidelines and adjacent storefront vocabulary, and upgrade of <br />east alley elevation using the same materials as the Main Street elevation. <br />• Creation of a wheelchair accessible entrance that is ADA compliant and code <br />compliant to augment the main entry. <br />• Screening of mechanical equipment, trash enclosure, and added bike parking. <br />• Renovation of the entire one-story building to meet code and current standards for <br />Class -A commercial buildings, including exterior wall repair, structural floor repair, <br />structural roof repairs and accommodation for new rooftop equipment. New <br />building systems will be provided including Mechanical (HVAC and plumbing), <br />Electrical, and building thermal envelope (insulation). <br />Estimated Project Costs <br />$1,500,000 Property Purchase <br />$769,836 Building Core and Shell Renovation <br />$304,500 Tenant Finish Allowance <br />$87,846 Soft Costs (professional fees, permit) <br />Total Project Improvements Cost: $2,662,182 <br />8 <br />
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