Summary:
Seito Sushi Celebration, LLC d/b/a Ari Sushi (Ari Sushi) plans to open a new full service Japanese cuisine, including sushi and hibachi menus. The project consists of a complete interior renovation including painting, flooring, plumbing, electrical, HVAC system, and kitchen equipment. Ari Sushi plans to create 30 new full-time jobs through this project. Total capital investment for this project is approximately $347,000.
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 Ari Sushi under the Business Assistance Program, are $44,944.20. The BAP will pay fifty percent of eligible fees ($20,000). This project qualifies for the maximum award. The fee breakdown is as follows: Sewer Benefit Fees @ 50% = $22,472.10 - $2,472.10 = $20,000.
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