Summary:
Marat M. Koyfman, D.M.D., P.A. (Koyfman) plans to relocate from an existing office at 1525 West Colonial Drive and construct an expanded dental office at 1243 West Colonial Drive. The building will be a 3200 sf facility, offering nine (9) state of the art treatment rooms to better serve the practice’s more than 4000 patients. The business has received Board of Zoning Adjustment approvals for the proposed work. Total capital investment for this project (interior and exterior work) is more than $1.2 million. Koyfman will create 10 new jobs through this expansion. The applicant is also the property owner.
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 Koyfman under the Business Assistance Program, are $35,574.78. The BAP will pay fifty percent of eligible fees ($17,787.39). The fee breakdown is as follows: Sewer Benefit Fee @ 50% = $2,004.63, Transportation Impact Fee @ 50% = $15,782.77. |