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Paddock Board approves $73,279 in downtown grants and a 12‑month lease incentive for Terrell Social
Summary
The Park and Downtown Improvement Corporation voted Thursday to approve three awards tied to 313 Westmore — the future Terrell Social venue — and a separate reimbursement for 115 North Francis.
The Park and Downtown Improvement Corporation voted Thursday to approve three financial awards connected to 313 Westmore — the building that will house a new venue called Terrell Social — and to reimburse property work at 115 North Francis.
Board members approved a $13,039.56 reimbursement to property owner Hector Torres for roof, HVAC and gas-line repairs; a $50,000 matching grant toward a larger $228,400 renovation budget for 313 Westmore; and a 12‑month lease incentive of $10,240 to tenant Jonathan (Terrell Social). The board also approved a separate $5,775 reimbursement for exterior door, awning and paint work at 115 North Francis (the RE/MAX building), which staff said will be maintained as office space.
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