Item Coversheet
CITY OF ORLANDO
AGENDA ITEM



Items Types: Economic Development

For Meeting of: 7/11/2016

District:On file (City Clerk):Yes



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 and 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. 

 
Contact:Kim King


ATTACHMENTS:
File NameDescriptionType
Ilvento_Law_FIS.docxFiscal Impact statementFiscal Impact Statement
SBF_SIP_Agreement_-_Ilvento_Law__P.A._(1).docxProgram AgreementContract Docs
Ilvento_Law_SBFP_App.pdfProgram ApplicationBackup Material
Ilvento_Concepts.pdfProject ConceptBackup Material

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