Summary:
CBC II, LLC has applied for assistance through the City of Orlando Small Business Facade Program for new landscaping, painting, new signage, new entry doors and new exterior lighting for a property it owns at 704-712 East Colonial Drive. Total project costs will exceed $85,000.
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 CBC II, LLC under the SBFP are $85,040.50
The Small Business Facade Review Committee recommended approval of funding in the amount of $20,000. The Small Business Facade Review Committee Meeting was held August 30, 2017. |