Mai Bistro, LLC (Mai) plans to open a new fresh, casual Asian restaurant at 1830 East Colonial Drive. The project consists of a change of use from church to restaurant and a complete interior renovation, including the addition of a new kitchen hood, plumbing and draining systems and a gas line, new flooring and 20 seats. Mai plans to create 5 new full-time jobs through this project. Total capital investment for this project is approximately $160,000.
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 Mai Bistro under the Business Assistance Program, are $19,326.70. The BAP will pay fifty percent of eligible fees ($9,663.35). The fee breakdown is as follows: Transportation Impact Fee @ 50% = $6,405.20, Sewer Benefit Fees @ 50% = $3,258.15.