Summary:
TPH Church Street, LLC d/b/a Pi Pizza (Pi Pizza) has developed a new way to enjoy a pizza pie: with a 5 inch hole in the center, allowing for an appetizer, side dish or dessert. The restaurant has several existing locations in the Orlando area. Pi Pizza is opening another location at 532 West Church Street. The business plans to occupy approximately 2,200 sf of existing space, complete an interior renovation including slab repair, new walls and ceiling, HVAC, plumbing, and electrical systems, cooler, and create 8-10 new, full time jobs. Total capital investment for this project is more than $200,000.
The business has requested assistance through the City of Orlando's Business Assistance Program. The Business Assistance Program (BAP) is a matching grant program that was approved by the Orlando City Council on June 18, 2001 to encourage small businesses to locate, expand or redevelop in the City of Orlando. The Business Assistance Program assists with small-scale infrastructure projects, building permitting fees and impact fees. The BAP pays fifty percent of eligible fees. The maximum amount granted under the program guidelines is $20,000.
Total eligible fees for Pi Pizza under the Business Assistance Program, are $25,257.78. The BAP will pay fifty percent of eligible fees ($12,628.89). The fee breakdown is as follows: Sewer Benefit Fee @ 50% = $11,083.80, Transportation Impact Fee @ 50% = $1,545.09. |