Res 038-2020 4B Funds to Half Pint III LLC 809 Ohio 4/7/2020Resolution No. 38-2020
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 $50,975 to Denton Keltner, dba Half
Pint III LLC, to renovate the existing building at 809 Ohio into a mixed
use retail and entertainment establishment
WHEREAS, Texas Local Gov't. Code § 501.073(a) provides "The corporation's
authorizing unit will approve all programs and expenditures of a corporation and annually
review any financial statements of the corporation;" and,
WHEREAS, on March 10, 2020, the Wichita Falls 4B Sales Tax Corporation
(413STC) 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:
1. The Wichita Falls 4B Sales Tax Corporation's approval and funding of the
following programs and expenditures, in a total amount not to exceed $50,975 as
described below and in said corporation's agenda, is approved:
An amount up to $50,975 to Denton Keltner, dba Half Pint III LLC, to
renovate the existing building at 809 Ohio into a mixed use retail and
entertainment establishment.
2. The current fiscal year budget of the 4B Sales Tax Corporation is amended to
provide for the aforementioned expenditures and changes thereto.
PASSED AND APPROVED this the 7t" day of April, 2020.
ATTEST:
City Clerk
February 19, 2020
City of Wichita Falls
4B Sales Tax Corporation Board
c/o Paul Menzies
Re: 4B Board Request for 809 Ohio Ave. from Half Pint III LLC
Dear Mr. Menzies,
I am requesting to be heard at the next 413 Board meeting to ask for assistance with fire suppression at 809
Ohio Ave. in downtown Wichita Falls.
Half Pint III LLC purchased the property in November of 2018. The property was in serious disrepair
and our goal is to rehab the property and put it back in service. After cleaning out the property that was
full of items left from the previous owner, it was determined the roof needed to come off as it was not
salvageable. The roof was removed July 2019 and we created a plan to rebuild. The property is not
located in the historic district.
The project was approved for funding by Texoma Community Credit Union. The project will include a
new foundation, new storefront, roof structure, roof covering, interior finish out, fire suppression,
mechanical, electrical, and plumbing. It will be rebuilt as a two -tenant space divided in half front to back.
We have a signed lease from Abilene Axe Company to occupy Suite 200 and Half Pint will occupy Suite
100 with a new entertainment venture under a new company.
Syd Litteken is serving as the architect and general contractor. Estimated construction cost is $588,000
less $35,000 for real estate acquisition equals $553,000. Half Pint has also spent $28,000 on clean out and
demolition of the roof and interior. Fire suppression bid attached is $50,975 which is less than 10% of the
project. The total does not include approximately $100,000 in new business personal property that will be
added for the new business venture.
Our nsk is for $50,975 for fire suppression.
We are aware the funds are in the form of a forgivable 5-year loan at 20a/a per year and only payable upon
the acquisition of a certificate of occupancy from the City of Wichita Falls. As a side note, 4B invested
approximately $44,200 in Half Pint at 817 Ohio Ave. in December 2017. Since that time in the last 25
months, Half Pint has returned over $48,000 directly to the city from the 2% sales tax. This doesn't
include an increase in property taxes from the remodel. Half Pint and this project would not have been
possible without the support of the City of Wichita Falls and 4B Sales Tax Corporation Board.
Thank you for your consideration and assistance in this matter.
Denton Keltner, owner
Half Pint III LLC
809 Ohio Suite 100 & 200 Remodel Cost Paid
Real Estate
35,000 35,000
Demolition
25,000 28,000
General Contractor
5,000
Architectural
15,000
Electrical Engineer
7,500
Structural Engineer
12,000
Fire Suppression
50,000
Roof Structure
45,000
Roof Decking and Covering
30,000
Plumbing
30,000
Framing
5,000
Electrical
70,000
Electrical Fixtures
5,000
HVAC
80,000
Storefront
20,000
Insulation
15,000
Sheetrock, Tape, Bed, Texture
15,000
FRP Panel Bar
1,500
Bar build out
10,000
Wall covering
5,000
Divider Wall
5,000
Flooring
45,000
Concrete Rear of Building
4,000
Concrete Sidewalk
5,000
Patio Cover
10,000
Bathroom Tile
4,000
Interior Doors
3,000
Exterior Doors
3,000
Back Doors
5,000
Trim
2,000
Paint
2,000
Overage
10,000
Tin Ceiling
8,000
588,000
July 16, 2019
To: Dent Keltner
From: Clayton Lane
Ref: 8091811 Ohio
Please find below confirmation of pricing for the above project.
The scope of work bid includes the following;
Fire Protection - $50,975.00
• Wet pipe sprinkler system per NFPA 13 in approx. 6,500 sq ft sprinkled above and below
ceiling.
• Design and hydraulic calculations
• New fire line into building
• Stainless steel sweep
• City tap
• Double Check
• Riser with full trim
• Concrete cut, patch, pour back
Not included in the above pricing are;
• Fire alarm interface
• Drawing of site plan, cust must provide CAD files for building.
• Painting of piping
• Sales tax
• Ceiling patch and repair
Thank you for the opportunity of quoting this proposal. If I can be of any further assistance,
please do not hesitate to call.
Clayton Lane
Fire Sprinkler Manager
RME #2317276
940-500-4703
Inspections • Testing • Backflows • Fire Pumps • Hydrants • Design
?4 HI?UR EMERGENCY SERVICE
jameslane.com/fire-protection.5024 Jacksboro Hwy. Wichita Falls, Texas 76302 • (940) 766-0244 • (940) 7614880 FAX
MECHANICALPLUMBING PROTECTION
Regulated by: Texas State Board of plumbing Exdmmets, 929E St. Austin TX 78765, 606.845.6584 & Texas Dept. of Licensing and Registration, P.O. Box 12157, Austin TX 78711, 800.803.9202 Hwy. TACLA 000983C - M-18384
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