Summary:
J.M. Restaurant & Pizzeria, LLC d/b/a Pie Fection (Pie Fection) operates a restaurant featuring a variety of pizzas and pastas, including Brazilian and dessert pizzas, at 3120 South Kirkman Road. The business plans to expand into the suite next door, install new flooring, create a half wall between the two spaces, install a new ceiling, update restrooms in both suites and add 64 seats to accommodate its customers. Pie Fection plans to create 7 new full-time jobs through this project. Total capital investment for this project is approximately $65,000.
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 Pie Fection under the Business Assistance Program, are $15,620.85. The BAP will pay fifty percent of eligible fees ($7,810.43). The fee breakdown is as follows: Sewer Benefit Fees @ 50% = $7,810.43.
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Recommended Action:
Approve the Business Assistance Program Agreement between J.M. Restaurant & Pizzeria, LLC d/b/a Pie Fection and the City of Orlando, and authorizing the Mayor or Mayor Pro Tem and City Clerk to execute same, subject to review and approval by the City Attorney's Office. |