533 Bumby, LLC (533 Bumby) has applied for assistance through the City of Orlando Small Business Facade Program for signage, landscaping and irrigation, and parking lot improvements for a property it owns at 538 North Bumby Avenue.  The building will house the applicant’s existing businesses, Murphy Bed Center and Wicker One Imports.  In addition to the exterior improvements, 533 Bumby will complete an interior renovation of the building.  The total project costs (interior and exterior) will exceed $300,000.

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 533 Bumby, LLC under the SBFP are $43,879.

Approval of the Small Business Facade Review Committee Recommendation and Funding Agreement between 533 Bumby, LLC 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.