PABC, LLC d/b/a Pan American Brewing (PABC) plans to open a new restaurant and brewery at 131 North Orange Avenue. The project consists of a complete interior renovation, which includes the addition of a full service kitchen, improving interior structural elements and systems, new restrooms and 60 seats. PABC plans to create 6 new full-time jobs through this project. Total capital investment for this project is approximately $550,000.
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 PABC under the Business Assistance Program, are $16,070.59. The BAP will pay fifty percent of eligible fees ($8,035.30). The fee breakdown is as follows: Transportation Impact Fee @ 50% = $727.30, Sewer Benefit Fees @ 50% = $7,308.