Quality Thrift Corp (Quality) plans to open a new coin laundry and resale store at 5304 Curry Ford Road. The business plans to occupy approximately 2,400 sf of existing space, complete an interior renovation including framing, ceiling repairs, wall insulation, electrical and plumbing connections. Total capital investment for this project is approximately $150,000.

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 Quality under the Business Assistance Program, are $51,785.80.  The BAP will pay fifty percent of eligible fees ($20,000).  The fee breakdown is as follows:  Sewer Benefit Fee @ 50% = $25,892.65-$5,892.65= $20,000.  The project qualifies for the maximum award of $20,000.