HomeMy WebLinkAboutSEOPW-CRA-M-01-0146ITEM 14
FOOD FRANCHISE ("PUDGIES CHICKEN")
SEOPW/CRA
of--
Stephana Clark $ Company
1155 N.W. 126t' Street
Miami, FI. 33168
Ph: (305) 681-1335
Fax: (305) 685-4713
November 18, 2001
Ms. Annette E. Lewis
City of Miami Community Redevelopment Agency
300 Biscayne Blvd. Way
Suite 430
Miami, Fl. 33131
Dear Ms. Lewis:
We regretfully inform you that our application to obtain operating funds in the of
amount of $500,000 for the Pudgies Franchise was not approved_ We did not
meet the project guideline threshold of 2.5 million dollars. Unfortunately, the
original financial supporters withdrew their commitments to provide the
necessary funds for this project. We put in an immeasurable amount of time and.
dedicated effort to meet the specified requirements and deadlines. However, we
have no other financial recou46,to proceed with a project of this magnitude.
We would like to express thanks to the Honorable Commissioner Arthur Teele
and staff, Mr. Stephen Arthur Jones, Project Administrator, Metro Miami Action
Plan Trust, Karen Moore, Executive Director, Task Force on Urban Economic
Revitalization, David Stein, FranNet, and Pudgies Franchise.
Sincerely,
��� �w 'l
Stephana Clark
Cc: Commissioner Arthur Teele
Mr. Arthur Jones
Ms. Karen Moore
Mr. David Stein
OR
SEOPW/CRA
34_-Ca TO PT -TT