CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Economic Development
For Meeting of:
July 11, 2016
District: 4 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Subject:
Small Business Facade Program Agreement between Ilvento Law, P.A. and the City of Orlando - 1231 East Concord Street

Summary:

Ilvento Law, P.A. operates a law firm at 1231 East Concord Street and has applied for assistance through the City of Orlando Small Business Facade Program for new signage, new landscaping and irrigation, new exterior lighting and driveway repair.  Total capital investment for the improvements is over $12,000.  Ilvento is also a managing member of the property owner entity.

The SBFP is an interest free deferred loan for facade improvements to new and existing commercial property and business owners in the City of Orlando. The program, which was approved by the City Council on November 13, 2006, provides assistance with costs related to exterior physical improvements. The SBFP offers matching loan funds to off-set the costs of design and facade improvement expenses such as painting, wall repair or cleaning; window repair or replacement; awnings; new or replacement signage; lighting; streetscape and door repair or replacement. Under the program, the City will loan 50% of the total project cost. Total loan assistance from the City shall not exceed $20,000.

Total eligible project costs for Ilvento Law, P.A. under the SBFP are $12,918.18.  The Small Business Facade Review Committee recommended approval of funding in the amount of $6,459.09. 

The Small Business Facade Review Committee Meeting was held June 20, 2016.


Fiscal & Efficiency Data: Fiscal impact statement attached.

Recommended Action:

Approval of the Small Business Facade Review Committee Recommendation and Funding Agreement between Ilvento Law, P.A. and the City of Orlando, and authorizing the Mayor or Mayor Pro Tem and City Clerk to execute same, subject to review and approval of 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
Budget Outside Routing Approval 6/30/2016 4:08 PM
City Clerk 6/30/2016 4:18 PM

ATTACHMENTS:
Name: Description: Type:
Ilvento_Law_FIS.docx Fiscal Impact statement Fiscal Impact Statement
SBF_SIP_Agreement_-_Ilvento_Law__P.A._(1).docx Program Agreement Contract Docs
Ilvento_Law_SBFP_App.pdf Program Application Backup Material
Ilvento_Concepts.pdf Project Concept Backup Material

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