CC MEETING: January 20, 2026
DATE: January 7, 2026
TO: Erin Rinehart, City Manager
FROM: Jenny Zeilfelder, Director of Economic Development
Ravi Shah, Executive Director of Development
Shannon Hicks, Assistant City Manager
Title
Consider A Resolution Authorizing The City Manager To Negotiate And Execute An Economic Development Incentive Agreement With April Grannemann For The Renovation Of 1019 S. Broadway Street In An Amount Not To Exceed $3,000.
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BACKGROUND:
The property owner of 1019 S. Broadway Street has requested a grant through the Retail Re-Development and Rehabilitation Grant Program to upgrade signage for the building.
The total construction cost has been estimated to be approximately $7,300. The plans include an upgraded LED sign and new awning
The City Council Transit-Oriented Development Committee has reviewed the proposal and determined that it meets the eligibility requirements of the Retail Re-Development and Rehabilitation Grant Program. Grants under this program are performance-based. The Committee recommended a grant amount not to exceed $3,000. This is seventy-eight point nine percent (78.9%) of the estimated $3,800 new exterior sign costs as submitted by the applicant. The Transit-Oriented Development Committee unanimously recommended approval of this grant at its December 1, 2025 meeting.
FINANCIAL IMPLICATIONS:
By recommendation of the City Council Transit-Oriented Development Committee, the property owner is eligible for a grant not to exceed $3,000. The grant is receipt reimbursable. Funding is available in the program account.
IMPACT ON COMMUNITY SUSTAINABILITY:
This project will enhance the City's economic base by renovating a building located in Historic Downtown Carrollton. The renovation and upgrades to 1019 S. Broadway Street will enhance the economic viability of Downtown Carrollton and the surrounding area.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff recommends City Council approval of a Resolution autho...
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