Res 081-2017 6/6/2017Resolution No. 81-2017
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 $14,200 for Half Pint III, LLC to pay
additional costs to install a fire suppression system at 817 Ohio as
part of a redevelopment project in the Central Business District
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 May 19, 2017, the Wichita Falls 413 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:
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 $14,200 as
described below and in said corporation's agenda, is approved:
Additional Fire Suppression System Assistance for 817 Ohio in the
amount of $14,200, bringing the total funding amount to $44,200 for this
project.
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 6t" day of June, 2017.
ATTEST:
City C 4k
4B Board Proposal
May 2017
My name is Dent Keltner with Half Pint 111, LLCdba Half Pint Taproom& Restoration Hall. I would like to
thank the board for serving and allowing me to present my proposal for funding today.
My partners and I are asking the board for $22,000 - $22,043 which is $52,043 less $30,000 previously
approved by the 4B Board to pay for the installation of a fire suppression system including new fire line
into the building and a new 2" gas line to serve the property. We received 2 current bids for fire
suppression and Atmos acquired bids to install a new gas line 210' to serve the property.
Due to our construction bids being 2 years old, an unexpected expense with the gas line not being large
enough to serve our project, and additional square footage added to the project, unexpected costs have
occurred as detailed below: (James Lane and SNB have very similar bids — bids attached).
Fire Suppression: $44,200,00 (includes taxes, water tap, and new fire line into building)
210'of 2" New Gas Line $7,843.00 (Gas line $12,200 - $4,357 Atmos pays)
TOTAL $52,043.00 SAY $52,000
ASKING FOR $22,000 IN ADDITION TO $30,000 PREVIOUSLY FUNDED
In September of 2016, we finalized funding for our project through First Bank and Capital CDC with an
SBA Loan. Due to architect issues, we had to switch architects and it put us 6 months behind. Our plans
were submitted to the city for review, approval, and permits on 04-24-17.
As for fire suppression, we are asking for the actual cost at today's prices with our finalized construction
plans. The gas line will not just benefit our property, but all properties on the east side of the road in
the 800 block of Ohio Ave. As new development is occurring, it appears this will be one of the primary
blocks in the revitalization of downtown.
We believe this to be one of the flagship projects in the revitalization of downtown. Older buildings -
have unexpected expenses that can limit projects without the gracious help of funds from boards like
the 4B. Your help is greatly appreciated.
Thank You,
Denton Keltner Cy hia Doten
Attached:
James Land Fire Protection Bid
5NB Fire Protection Bid
Atmos Gas Line Bid
SBA Debenture Authorization
Fire Protection Floor plan
April 18, 2017
To: Half Pint Taproom
From: Clayton Lane
Ref: 817 Ohio
Please find below confirmation of pricing for the above project.
The scope of work bid includes the following-,
Fire Protection - $38,229.00
• Wet pipe sprinkler system per NFPA 13
• Design and Hydraulic calculations
• New fire line into building
• Stainless steel sweep
• Double Check
• Riser with full trim
Not included in the above pricing are;
• Fire alarm interface
• City tap (est $2,800)
• Drawing of site plan, cust must provide CAD files for building.
• Painting of piping
• Sales tax
• Ceiling patch and repair
• Concrete cut, patch, pour back
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
940-500-4703
(940) 766-0244 VOICE - (940) 766 0278 FAX —5024 Old Jacksbaro Hwy, Wichita Falls, Texas 76308-0478
- Web Address - jarneslane.com-
F'\MlSCCAM00-BlD PROPOSALS%Clayton's Bid Proposals\HalfPintDrafthouse.doex
Regulated by: Texas State Board of Plumbing Examiners 929 E. St. Austin TX 78765 800,845.6584 & Texas Depl. of Licensing and
Registration P.O. Box 12157, Austin TX78711, 800.803,9202 Hwy TACLA00093SC—M-18384
] SNB
Mechanical
=Contractors
VECHANICAL-PLUMMWIRE SPRINKLER
April 26, 2017
Half Pint Drafthouse
817 Ohio Street
Wichita Falls,Texas 76301
RE: Install Automatic Fire Sprinkler System
Half Pint Drafthouse - 817 Ohio Street - Wichita Falls,Texas
SNB Mechanical appreciates the opportunity to provide for your fire protection needs. We are
pleased to offer the following proposal to install a fully automatic wet pipe sprinkler system to provide
100% protection throughout the facility in accordance with NFPA-13 Standards and current code
requirements- A site visit indicated the 5'space above the ceiling is of combustible construction and
will require additional sprinklers. SNB Mechanical was informed the upper deck would be insulated so
provisions for a dry type sprinkler system would not be necessary, although it is the owners
responsibility to provide any heat within the upper concealed area to maintain a minimum of 40F. Our
scope of work will start at a 6" dedicated fire main connection V-0" above finished floor. Piping will be
installed in the attic above the ceiling to serve the space above and below the ceiling, Specifically, our
scope of work will include the following:
- Engineering (includes shop drawings,submittal data and calculations)
- Permits fees (required by the City of Wichita Falls)
- One (1) detector check backflow assembly (required by the City of Wichita Falls)
. One (1) easy riser manifold with test/drain valve,gauge and waterflow detector switch
- One (1) fire department brass "siamese" connection
- One (1) brass wall hydrant and associated valve for forward flow backflow testing
- UUFM listed steel sprinkler pipe and associated grooved and threaded pipe fittings
. Quick response upright and pendent sprinklers (dry type for low temperature coolers)
. Head box with spare heads and appropriate sprinkler wrench
® One (1) electric strobelhorn (installed and wired by others)
- Aboveground pipe and backflow certifications
- O&M Manuals and "as -built" installation drawings
- One (1) year warranty on parts and labor from date of acceptance
104 Galveston
Wichita Falls, TX 76301
940-767-6141
SNB
Mechanical
Contractors
MET H AWTCA I: PLR IMBI NG-FTRE SPRTNKLE R
- Painting of sprinkler pipe
- Fire extinguishers and associated cabinets
. Electrical wiring of alarm components (hornistrobe,waterflow switch & valve switches)
. Underground utilities
(Note: The underground fire main must be flushed and hydrostatically tested by the
installing utility contractor in accordance with NFPA Standards before connection to the
aboveground sprinkler piping.) �e �(Oe
J'A�-ro
Fire Sprinkler Proposal (includes taxes) ... ...... ....... ---- ........ — ... .......... $39,119.00
(note: performance bond provided upon request)
OWNRINI IN I M1,
I MINIMUM HOW 'Myll,
IN 0-
wz-�M-R AW-POP U01141" R119POW-011 I., W's 6M9 W;910 " �# I M 'AW 011
can be directed to J60 Lawson 161�6141, SN B Mechanicalwill honor this proposal for a period of
sixty (60) days, We will require 1/3 payment before beginning work, 1/3 at 60% completion and the final
1/3 after completion of work but prior to final testing.
Sincerely, yours,
SNB Mechanical Contractors, Inc.
10,7 4saw-4"-
Jeff Lawson
ccAe
104 Galveston
VVichita Falls, TX 76301
940-767-6141
r" r--- 311, 11
Fir
IN, Wl�
HAff P10 T*Oroom
817 Ofilio
Wichita FARS, TX
WWI Opro. 2tOft of 2 inth IP, poly ingiA to serve a
COMAte�af Proerty.
1. Superior Pipeline $12,1200.00
2. Diiver Pipeline $33,940.00
3. Larrett Energy $40,755.00
Atmos provides 75' for free: $12,200 divided by 2 1 O':=
$58.09/ ft.
$�&Oq x 15, -- $4,357 paid by Atmos
Remaining $7,843 paid by customer
SBA Originaf
AL�THORIZATION Fop, DEBENTURE.
�i.S,�C4s8r9!!g.+Adsnerwatee{rsa�a i 8 4 LOAN)
.I, ' Loan
SBA Loan Name Red, White and Brews
Apprbval
CDCs
Capital Certified Development Corporation
1250 Capital Of Texas llwy S, Eldg 1-600
Austin, TX 78746
U. S. Small Business; Administration (SBA):
Dallas l Ft Worth District Office
4300 Amon Garter Boulevard,: suite 114
Fort Worth; TX 76155
SBA. will guarantee, trader the following terms and conditions, a 20 year Debenture ("Deberaure") in the
amount of S262,000,00 to be issued by CDC and used to fund a 504 Loam ("the Lcsarr") to assist:
Burrower: (EPC)
1. Brarnch 1 nterprises, LLC
817OlioAve
Wichita Falls, TX 7630
A; PROJECT TO B: FI ANCED
1. Project Property e Prrrject Property")
Operating Company:
1 Half Pint IIT, LLC dba,
Red, White and Brews (Guarantor)
817 Ohio Ave
Wichita Falls, TX 76301
Debenture Proceeds will be used as part of the financing for:
a. the liLrebase and renovation of real estate, located at 817 Ohio Ave, Wichita Palls, TX
76301,
b the purchase and installation of equipment, located at 817 Ohio Ave, Wichita Falls, T
7630L
SBA Loan Nurnber: 88625450-00 Page 1
SBA Loan Name: Pied, White and Brews (504 Wizard2009 1 {wrj)
2. Project Costs (" Project Costs') include
a.
.Purchase Land:; . ...... ...... --- ...... „ : , ,.......,..,,$0.00
b
Purchase Land & Building., „ .......... ....... .....,..$157,826.99
c,
Construction/Remodeling .......: z:..,,....$4t7,482,00
d.
Purchase/Install Equipment. ..,.». ....... . ........ .. ..... ::........ :.........$148,399,00
e:
Purchase/Install Fixtures ....... ...,, .„: .................. „ , :.:. . ..... ::
.. ..........50,00
f:
Refinanced Debt -Loan from:
(1) Fidelity Bank ......... .....::.. $62,174.01
Total Refinanced Debt ,......... .......... , ............ .......... ............. ........
. 562,174,01
Professional Fccs. . ,.;......--. ,. .......
IOther
Expenses.......,..,. ..; ..,...... ...,. „: : .... ..::..
....—$16,919M
(construction contingencies, interim interest)'
is
TOTAL Project Cost..,.::.. ................. ..: ,. ...,......,.,..$g
19,800,00,
B, PROJECT I+'IPdANClNG
I. Debenture Proceeds, Debenture Proceeds will be used to pay Administrative Costs and the
final 30.75% of the. total Project Cost. Prior to the Debenture sale, the CDC conducts'a 504
Loan Closing ("504 Loan Closing"), and forwards copies of the closing documents to SBA:
After review and approval, CDC forwards the closing documents for Debenture Sale At or
prior to the 504 Load Closing Borrower, Operating Company and CDC must sign a Servicing
Agent Agreement certifying as to the actual use of the Debenture Proceeds and authorizing a
Central Servicing Agent ("CSA") to handle all disbursements and payments -tinder the
Debenture,
a. SBA/CDC Share. 30.75% of total Project Cost
$252,074.01
("Net Debenture Proceeds")
b. Administrative Costs ("Adrnruistrative Casts")
(1) SBA Guarantee Fee (a, x 0.000)
$ 0.00
(2) Funding Fee (a. x 0.0025)
630 l 7
(3) CSC Processing Fee
(i) CDC Processing Fee (a, x 0,015) $3,781.11
$3,781,11
(4) Closing Costs
(i) CDC Closing Fee (not to exceed $2,500) $2,500,00-
(ii) {ether Out of Picket Closing Costs-
(excluding legal fees) $1,000.00
$3,500.00
(5) Subtotal (b.1through b.4)
$7,91130
(6) Underwriters Fee*
$1,048M
(7) Total (b.5 plus b.b)
S8,95930
c. Total Debenture Amount ("Gross Debenture Proceeds")
$262,000.00
(a, Plus b.7, rounded up to next thousand)<
d. Valance to Borrower (c. minus (a, plus b,7)),
96&69
SBA. Loan Number: 88625450-00 Page 2
SEA. Loan Name: Red, White and Brews (504 Wizard 2009,i (w7))
7
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