Summary:
Ellipsis Brewing, LLC (Ellipsis) plans to open a new manufacturing facility at 7500 TPC Boulevard. Ellipsis will operate a production microbrewery as well as sell its original recipe brand to local restaurants and retail establishments. The project consists of a complete interior renovation of an approximately 7500sf space including walls, all utilities, two new restrooms, office space, furniture and 60 seats. Ellipsis plans to create 5 new full-time jobs through this project. Total capital investment for this project is approximately $650,000.
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 Ellipsis under the Business Assistance Program, are $55,658.53. The BAP will pay fifty percent of eligible fees ($20,000); this project qualifies for the maximum program award. The fee breakdown is as follows: Transportation Impact Fee @ 50% = $39,824.13 - $29,824.13= $10,000, Sewer Benefit Fee @ 50% = $15,834 - $5,834 = $10,000. |