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Res 130-2018 4B Funds for 600 6th Street Winery 12/4/2018 Resolution No. 130-2018 Resolution approving the programs and expenditures of the Wichita Falls 4B Sales Tax Corporation Board of Directors and amending the budget to include funding up to $25,000 to Bill Anderson, for historical preservation and infrastructure improvements at 600 Sixth Street authorizing unit will approve all programs and expenditures of a corporation and annually WHEREAS, on November 26, 2018, the Wichita Falls 4B Sales Tax Corporation (4BSTC) approved the project listed below and as stated in its agenda. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: $25,000 following programs and expenditures, in a total amount not to exceed as ToBill Andersonfor historical preservation and infrastructure improvements at 600, Sixth Street. 2. The current fiscal year budget of the 4B Sales Tax Corporation is amended to provide for the aforementioned expenditures and changes thereto. th PASSED AND APPROVED this the 4day of December, 2018. ______________________________ M A Y O R ATTEST: ____________________ City Clerk September 28, 2018 Jim Dockery Deputy City Manager Community Development Director City of Wichita Falls Municipal Building 1301 Seventh Street Wichita falls, Texas 76301 APPLICATION FOR 4B SALES TAX FUNDS 4B SALES TAX BOARD Dear Jim: th Bill Anderson owns 600 6 a contributing property to the Depot Square National Historic District. . Andy Lee is representing the new ownership for the 4B application. Request for Development Assistance from 4B Board to assist with the Adaptive Reuse and restoration of this former Warehouse Building To a Retail Mixed-Use occupancy. Reurbanization. A study by the National Trust for Historic Preservation showed that there are benefits to preserving and reusing a city ƚǒƷƭźķĻ ƚŅ ƷŷĻ ƨǒğƌźƷğƷźǝĻ ĬĻƓĻŅźƷƭ of pressing historical and cultural identity and character. .ǒźƌķźƓŭƭ ƚŅ ķźǝĻƩƭĻ ǝźƓƷğŭĻ ğƓķ ƭƒğƌƌ ƭĭğƌĻ ƦƩƚǝźķĻ ŅƌĻǣźĬƌĻͲ ğŅŅƚƩķğĬƌĻ ƭƦğĭĻ ŅƚƩ ĻƓƷƩĻƦƩĻƓĻǒƩƭ ƌğǒƓĭŷźƓŭ ƓĻǞ ĬǒƭźƓĻƭƭĻƭ ğƓķ ƭĻƩǝĻ ğƭ ğƷƷƩğĭƷźǝĻ ƭĻƷƷźƓŭƭ ŅƚƩ ƓĻǞ ƩĻƭƷğǒƩğƓƷƭ ğƓķ ƌƚĭğƌƌǤ ƚǞƓĻķ ƭŷƚƦƭ Location: th -600 6 Street Depot Square National Register Listing Depot Square Historic District, National Register as a contributing building to the District. TIF # 4 District. Legal: Lot 7, Block 139, Original Townsite to the city Of Wichita Falls, Wichita County, Texas. Zoning: CBD Previous Occupancy: Main Street Auto Parts, Naylor Auto Parts classified as retail use Occupancy: 6 th Street Winery and vacant retail - Retail Mixed Use. 2015 Building Code: Transition, Historic Code - change of occupancy Assembly. Property Tax Value: $62,717 (Land $3751; Improvements- $58,966 (WCAD 2017). Qualified Expenses: Owner elects to Adaptive reuse using Urban design. th Building Square footage: 7489 total 6 Street Winery 1700 SF +/-; 5789 SF vacant. Rehabilitation Approvals: Landmark Commission (Design Review) 9/25/18; City of Wichita Falls Building Permit- Pending Bill Anderson, 6 th Street Winery would like to request economic development assistance for the 4B sales Tax Board for Development a Texas Winery and Tasting Business, as a Significant Destination th promoting Heritage and Wine Tourism Retail/ Retail Mixed- Use, as ğƓ ƉĻǤ ĻƓƷƩǤ on 6 street at the entrance to Depot Square Historic District, located 3 walking blocks form MPEC and the proposed Hotel Convention Center and a catalyst for the Transportation District. The owner proposes assistance in the form of an agreement as public private partnership and requests a 5 year forgivable loan at no interest for construction costs associated with bringing Utilities to the Building, Concrete alley repairs in Easement area, Asbestos Abatement, installation of a Infrastructure - Utilities, Historic Awning, Design/MEP Engineering (req. by Building Inspection), as the Renovation/ Preservation and Renovation of this multi-tenant building is working with compliances under the 2015 Building Code. Contract would require completion of project, Certificate of Occupancy and Open for business before any payment requested. Owner will also agree to a clawback provision, IF for any reason, the project does not move forward. Anthony Inman Construction Company, as General Contractor, has provided the cost estimates (included in the package) in the requested amount of $254,175. The total Project cost is $314,175 which includes FF&E , inventory and consulting fess The 4B Application request is for 11% of project cost or $33,000 as per application. Jacobs found that older buildings are more conducive to supporting the kind of multiple functionality that helps promote urban vibrancy. Also, ƚƌķĻƩ ķźƭƷƩźĭƷƭ ƚŅƷĻƓ ƭǒƦƦƚƩƷ ŭƩĻğƷĻƩ ƦƚƦǒƌğƷźƚƓ ķĻƓƭźƷǤ ğƓķ ŷğǝĻ ƒƚƩĻ ĬǒƭźƓĻƭƭĻƭ ƦĻƩ ƭƨǒğƩĻ ŅƚƚƷ. The economic models around adaptive reuse development allow for more local, nonchain businesses, and ğƭ ğ ƩĻƭǒƌƷ ƷŷĻƭĻ ƓĻźŭŷĬƚƩŷƚƚķƭ ƷĻƓķ Ʒƚ ğƷƷƩğĭƷ ƷŷĻ ĭƩĻğƷźǝĻ ƦĻƚƦƌĻ Ǟŷƚ ĭğƓ ƉźĭƉΏƭƷğƩƷ ǒƩĬğƓ ƩĻǝźƷğƌźǩğƷźƚƓ͵ Ohio Street façade exposure ‘ğƩĻŷƚǒƭĻ ƭĻ ğǒƷƚ ƦğƩƷƭ ŅƚƩ ƦğƭƷ ЎЉ ǤĻğƩƭ͵ According to the National Association of American Wineries the over 4,000 acres of wine country in Texas are responsible for more than 104,000 jobs with $716 million dollars in the state tourists spending . Statewide industry Vineyards can be found in almost every region of the state. Texas has approximately 4,400 acres of producing vineyards. The U.S. Department of Treasury, through the Alcohol and Tobacco Tax and Trade Bureau, officially designates American Viticulture (grape growing) Areas, or AVAs. Texas has eight AVAs, although many vineyards exist outside the specified AVA areas. In Addendum 2, I have included a Age demographic graph: Over 40% are 31-50 years old and another 31% are 51-65 years old. Economic Impact -Texas Wine and Grapes 2007 $1.35 Billion. In all, the wine and grape industry generates about 11,000 jobs in Texas, provides a $400 million wage rate and a total production of about 1.5 million cases of wine. The industry is growing. In addition, wine-related tourism produced an estimated $437.8 million in revenue to the state from an estimated 1.5 million tourists. Yet another benefit is an estimated local and state tax collected each year, amounting to nearly $92 million at last count. Taken together, population growth and generational change require that we future of transit options thoughtfully transition from a car-dependent culture to a that allow people to live, work, and play where they are. In short, towns that became sprawling suburbs are being forced to become towns againa lot bigger and more diverse but towns just the same. th 6 Street sidewalk th New façade for 6 Street Winery The walkable sidewalk west of is the entry to 3 blocks from MPEC. Depot Square Historic District In the core of Wichita Falls, a city designed for commuters must be overhauled for Millennials and residents. The central business district concept is a relic of the past. baby boomers the two largest generations in American historydemand walkability. The downtown Wichita Falls area will be the largest of many urban mixed-use centers in the region. Its success will have a spillover effect on the poorer neighborhoods to its east, west, and south. If managed thoughtfully, it will channel the tide to lift all boats. th 600 6 was built in 1909. AS typical of era flat roof with ornamental brick façade. th The single-story structure with a Ohio street entry opened doors on the 6 street side to allow for warehousing. No back or alley door exited. Over time the Street th Orientation changed from front on Ohio to 6 street one -way east to Ohio from CBD and MPEC. Since 1909 automotive parts and repairs have been the primary occupants, Recent occupants were Naylor Automotive and Main Street Auto Parts th both fronting 6 street as their entrances. The wider sidewalk provided for loading and unloading. The building has been vacant and used for storage the past 5 years. th Stucco was used to fill all or he storefronts 6 th Inman Construction has proposed a new storefront for 6 Street Winery, demolition of storefront walls at Openings, New wood and fabricated steel storefronts with glass and 3 doors. Ogee Preservation (Austin) has approved the exterior door and opening changes, The owner has received Design Review Approval in two separate meeting with Landmark Commission. As part of NR and THC recommendation Mr. Anderson would be further delayed with Tax Credit applications estimated at 6 months, For this reason he chooses Not to make financial applications creating a financial gap in his project costs. Attached In Addendum 2 to application, are the floor plans, Anthony Inman Construction estimate and Landmark Applications. Anthony Inman Construction Estimate: $205, 000 Contingency (10% of Construction Cost) 21,000 Armored Roofing 13,000 Asbestos survey 750 Texas Winery License 3,150 Interior Design Consulting 3,000 Consulting Historic, Landmark 8,275 $254,175 Total FF& E, Inventory 60,000 Total Project Cost $314,175 th NEW STOREFRONT 6 Street Winery th Interior of 6 Street Winery Tasting Room. Hook & Ladder Tasting Room Additionally, the Sixth Streetscape shall be enhanced with an exterior Patio Area, under the Awning. Encroachments of each has been requested of Pat Hoffman. Shown below is a street scene of Iron Horse Pub which will enhance th the walkability of 6 Street. The investment by 4B Tax Board would return Multiple Benefits to the City of Wichita Falls: 1.)Sales Tax Increments projected on $500,000 in annual sales from Wine Products at a destination location with special occasion/meeting fine dining attracting Convention/Heritage Tourism to Depot Square Historic District. Historic Preservation would provide Sales tax revenues from Tourists. 2.)Real and personal property tax increases would benefit TIF #4 and city tax revenues. 3.)Impact: 6 new employees. Historic Renovation: 20 jobs. 4.)Heritage Tourism Impact : Direct Spending $6,591 (10.5 % of 500MM persons spent on Texas Travel. Food Beverage per day trip average is $49.31. 5.)Provides a Wine Tasting experience near the Downtown Entertainment District for the new Convention Hotel, Backdoor Theater, Wichita Area and WFSO. th 6.) Street Winery and Hook & Ladder. Joining the Red River Valley Tour with Wichita Valley Winery and from St. Jo Blue Ostrich, Arche, Brushy Creek and Horseshoe Bend Winery underlines the true definition of economic development. th 7.)The 6 Street Winery and development of the Jones Building will only compliment the growth for the Depot Square District. And Wine Tourism. Existing conditions at the Jones Building Require assistance for the Economic Gap of $120,00 of Infrastructure/ renovations cost. Respectfully submitted, Andy Lee Andy Lee, Consultant for Bill Anderson Sixth Street Winery Andy Lee Company 1410 Grant Street Wichita Falls, Texas 76309 940-636=2860 andyleecompany@prodigy.net