CITY OF ORLANDO
COUNCIL AGENDA ITEM

Items Types:
Economic Development 		For Meeting of:
August 28, 2017
District: 3 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No
Subject:
Small Business Facade Program Agreement between Mydung Pham and the City of Orlando - 777 Bennett Road
Summary:

Mydung Pham (Pham) has applied for assistance through the City of Orlando Small Business Facade Program for building painting, new window and front door, new signage, new landscaping and irrigation and parking lot upgrades at 777 Bennett Road.  The applicant owns the property and plans to relocate its business, Tango Nail Salon, to the site.    

 

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 Mydung Pham under the SBFP are $19,675.

The Small Business Facade Review Committee recommended approval of funding not to exceed $9,837.50.  The Small Business Facade Review Committee Meeting was held August 7, 2017.
Fiscal & Efficiency Data: Fiscal impact statement attached,
Recommended Action:
Approval of the Small Business Facade Review Committee Recommendation and Funding Agreement between Mydung Pham 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. 
Agenda Item attachment(s) on file in the City Clerks Office.
Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.
Contact: Kim King-Maysonet
Approved By:

Department Date and Time
Budget Outside Routing Approval 8/17/2017 10:48 AM
City Clerk 8/17/2017 10:59 AM
ATTACHMENTS:
Name: Description: Type:
Mydung_Pham_FIS.docx Fiscal Impact statement Fiscal Impact Statement
SBF_SIP_Agreement_-_Mydung_Pham.docx Program Agreement Contract Docs
Pham_SBFP_App.pdf Program Application Backup Material
Pham_Concept.pdf Project Concept Backup Material
Pham_Estimates.pdf Project Estimates Backup Material
Pham_Legal_(Tango_Nail_Salon).pdf Legal Description Exhibit
8-7-17_meeting_(draft).docx DRAFT Meeting Minutes Backup Material
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