Summary:
Fiorella Preparatory School, LLC (Fiorella) is a private, day school that will offer a national and international curriculum to children ages 12 weeks to 5 years of age, with a mission of helping its students reach their highest development, social and academic potential. Fiorella plans to open at 6965 Piazza Grande Avenue. The business will occupy approximately 5,600 sf of existing space, complete an interior renovation including addition of six classrooms, five restrooms, a kitchen, a sick room, and office, while creating 10 new, full time jobs. Total capital investment for this project is more than $500,000.
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 Fiorella under the Business Assistance Program, are $17,173.80. The BAP will pay fifty percent of eligible fees ($8,586.90). The fee breakdown is as follows: Sewer Benefit Fee @ 50% = $8,586.90. |