CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Economic Development
For Meeting of:
December 15, 2014
District: 1 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Subject:
Business Assistance Program Agreement between BIC Enterprises of Central Florida, Inc. d/b/a Wing Shack and the City of Orlando - 4650 East Michigan Street

Summary:

BIC Enterprises of Central Florida, Inc. d/b/a Wing Shack (Wing Shack) is located at 4650 East Michigan Street.  For 25 years, Wing Shack has offered “kickin” wings and served as a regular gathering spot for Conway area residents.  Wing Shack currently has twenty (20) employees.  The restaurant is increasing the number of seats from 104 to 220. 

Wing Shack 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. All BAP awards greater than $5,000 are required to be forwarded to City Council for approval.

Total eligible fees for Wing Shack under the Business Assistance Program, are $22,167.60.  The BAP will pay fifty percent of eligible fees ($11,083.80).  The fee breakdown is as follows:  Sewer Benefit Fee @ 50% = $11,083.80.


Fiscal & Efficiency Data: Fiscal Impact Statement attached

Recommended Action:
Approve the Business Assistance Program Agreement between BIC Enterprises of Central Florida, Inc. d/b/a Wing Shack and the City of Orlando, and authorizing the Mayor or Mayor Pro Tem and City Clerk to execute same, subject to review and approval by the City Attorney's Office.


Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Kim King
Approved By:

Department Date and Time
Planning and Environmental Attorney 12/4/2014 10:54 AM
Budget Outside Routing Approval 12/4/2014 12:28 PM
City Clerk 12/5/2014 10:25 AM

ATTACHMENTS:
Name: Description: Type:
Wing_Shack_FIS.docx Fiscal Impact Statement Fiscal Impact Statement
BAP_Agreement_-_BIC_Enterprises_of_Cent_Fla_dba_Wing_Shack.docx Program Agreement Contract Docs
Exhibit_B_(Wing_Shack_fees).pdf Exhibit B Exhibit

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