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Boyd MDD awards six property improvement grants

By Richard Greene | Published Saturday, March 16, 2019
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The Boyd Municipal Development District (MDD) awarded $29,170 in its first round of property improvement grants to six applicants Tuesday.

The Boyd MDD, which was established after voters approved it in May 2018, allotted $30,000 for grants in its first budget.

Businesses in the city could apply for 50 percent matching grants up to $10,000. The grants will pay for up to 50 percent of storefront improvements, including the restoration of architectural details, windows and doors, as well as signage, lighting and parking lots. The MDD will provide its 50 percent of funding as a reimbursement after the applicant has paid its contractors and professionals in full and the project has been completed in full.

The MDD scored the projects on location, ability to produce sales tax, business sustainability and if it was an existing business and visibility of the projects. Boyd Industries is eligible to receive $8,750, Cowboys BBQ $500, Boyd Chapel $2,688, Riley Services $2,232, Sam’s BBQ $5,000 and Mr. Jim’s $10,000.

Established businesses on Texas 114 or Farm Road 730 that generate sales taxes scored the highest. Cowboys BBQ, Riley Services and Mr. Jim’s received their full request for meeting the full criteria.

The businesses will have 60 days to start the projects. If a business elects not to do complete a project and accept the grant, the money is rolled over to the next year.

City Administrator Greg Arrington said he will provide an update to the MDD at its March 26 meeting on the six projects and how many of the businesses accepted the terms of the grants.

“In the next two weeks, my job is to got out to each of these businesses and talk to each of these people and give them an authorization to begin letter,” Arrington said.

He cautioned MDD board members that the Mr. Jim’s project, which is to repair the parking lot, will need approval from the Texas Department of Transportation. The business has until April 23 to get approval from TxDOT.

MDD President Michael Gutierrez is encouraged by the participation and the projects in the first round of grant funding.

“When we first made the announcement and opened up the application process, it was a little slow in terms of applications coming in,” Gutierrez said. “We were a little concerned that the word hadn’t got out enough. As we approached the deadline, we received applications that exceeded what we had allocated and that required the metrics for scoring.

“The projects are great. This board wants to revitalize and re-beautify some of the areas, especially our downtown. These projects are going to spearhead that. There’s going to be a lot more to come as the fund base increases and we’re able to fund more projects.”

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