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HomeMy WebLinkAboutOMNI-CRA-R-02-0098OMNI/CRA ITEM 14 RESOLUTION NO. 0 2 - 98 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO PROVIDE IN -KIND ASSISTANCE IN PROMOTING GILI'S CAFE & BAKERY; AND AUTHORIZING THE EXECUTIVE DIRECTOR TO APPOINT AN INDIVIDUAL TO ASSIST WITH COORDINATING AN OFFICIAL GROUND BREAKING CEREMONY WITH OFFICIALS OF THE CITY OF MIAMI, AN OPENING THAT WILL TAKE PLACE UPON COMPLETION OF THE RENOVATION PROJECT FOR THE CAFE AND BAKERY, AND TO ADDRESS ANY OTHER NEEDS TO ACCOMPLISH THESE OBJECTIVES. WHEREAS, the CRA is responsible for carrying out community redevelopment activities and projects in the OMNI Redevelopment Area (the "Redevelopment Area") established pursuant to the Redevelopment Plan. WHEREAS, the provision of technical assistance to clients is one method utilized by the CRA in fulfilling its responsibility of community redevelopment. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MTAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are incorporated herein as if fully Set forth in this Section. ONMICM - 98 Section 2. The Board of Directors authorizes the Executive Director to provide in -kind assistance in promoting Gili's Cafe & Bakery. Section 3. The Executive Director is further authorized to appoint an individual to assist with Coordinating an official ground breaking ceremony with officials of the City of Miami, an opening that will take place upon completion of the renovation project for the cafe and bakery, and to address any other needs to accomplish these objectives. Section 4. This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED this 1Gth,day of December, 2442. ATTEST: PRISCILLA A. THOMPS©N CITY CLERK APPROVED AS TO F AND CORRECTNE. VIL RNEY /CRA R-02-98:ELF ARTHUR E. TEELE, JR., CHAIRMAN Page 2 of 2 ()WUICR& -�, .w ITEM 14 RESOLUTION NO. OMNI/CRA R-J-!-= 98 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO PROVIDE IN -KIND ASISTANCE IN PROMOTING GILI' S CAFE & BAKERY AND COORDINATINNG AN OFFICIAL GROUND BREAKING CEREMONY WITH CITY OFFICIALS UPON COMPLETION OF THE RENOVATION PROJECT WHEREAS, the CRA is responsible for the carrying out community redevelopment of the artist activities and projects in the OMNI Redevelopment Area (the "Redevelopment Area") established pursuant to the Redevelopment Plan NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI COMMUNITY REDEVELOPMENT AGENCY CREATED BY THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are incorporated herein as if fully set forth in this Section. Section 2. The Board of Directors of the CRA hereby authorize the Executive Director to provide in -kind assistance in promoting Gili's Cafe & Bakery and coordinating an official ground breaking ceremony with City Officials upon completion of the renovation project Section 3. This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED this 16`}' day of December, 2002. Arthur E. Teele, Jr., Chairman Priscilla Thompson Clerk of the Board APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello CRA General Counsel OMNITRA 02- 98 ='FerA ty CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM To: Chairman Arthur E. Teele, Jr. and Members of the CRA Board From: Ms. Annette Lewis Acting Executive Director kl� RECOMMENDATION: Date: December 3, 2002 File: Subject: Gili's Cafe References: Enclosures: Resolution and Support Documentation Resolution authorizing the Executive Director to provide in -kind assistance in promoting Gili's Cafe & Bakery and coordinating an official ground breaking ceremony with City Officials upon completion of the renovation project JUSTIFICATION: Sandwich Bar L.L.0 d.b.a Gili's Cafe & Bakery is located along NE 14th Street and will be the sole restaurant n the Firestation #2 Motion Picture and Media District. The restaurant is owned by Gili's. The restaurant will serve the daytime businesses as well as the patrons of the Park West Entertainment District. Assistance by the CRA will expedite the opening of the restaurant, which will promise to immediately employ ten residents from the area. In its proposal to the CRA, Sandwich Bar L.L.0 also requested funding assistance in the amount of $107, 400 from the CRA, which represents 42% of the $253,250 renovation project. To date, the company has expended $71,000 in improvements to the facility. The CRA is recommending low interest loans and in -kind assistance to Sandwich Bar L.L.0 for operations related to the restaurant. Additionally, alternative funding programs are available to through the CRA's Commercial Equipment Loan Program OMB/CRA 02- 98 I Aar f§F - is 211, 3 Y r' w E � C I WIW Gili's Cafe & Bakery Business Address: 30 NE 14TH. St. ( Omni ) Miami FL. 33129 Owners : Gil Terem 757 ne 77 tern. Miami 133138 Tel .305-8045793 : Eran Ramati 7904 Wesr Dr. Miami Fl. 33141 Tel. 786-4433503 ONM/CRA o - M Gili's Cafe & Bakery Table of Consents Illustration of firture business Photos of improved property- facade Photos of Build Out- The Caf6 Description of the business Location Marketing plan Management Financial management plan Summary The decision to open Cafd bar in the Downtown Area of Miami was made to joine the efforts of the City of Miami and The C.R.A. in its plan to redevelop the downtown area and turn it into a vibrant, and bustling neighborhoods. Both owners have been involved in similar projects around the world and would like to be part of this goal in the downtown area. Gil Terem has been working in the downtown area since 1999 both in the Park West and Omni areas. During this time he brought many national and foreign investors and worked with them to invest in the area, for a total investment of over $ 20 million dollars. The proposed Cafd will help to keep the downtown become a neighborhood of cafes restaurants and galleries that will attract customers during and after business hours, and between shows, games and other attractions in the area. As of today the Omni area has only began developing and most of the infrastructure does not exist. We are willing to take the risk and invest our time, money and talent to be part of the dream; we would like the C.R.A. to assist us by providing available funds to support us in this pioneering project. The building was purchased about two years ago and was renovated to its current condition: New electrical and plumbing system were installed, the concrete that blocked the windows and doors was removed, and a new storefront was installed. Total plastering and paint were applied to the building. The total cost of renovations to date was $71,000-. Work on the Cafd has already started and is ongoing. We hope to open for business on December 2002. The total initial investment of this project is $253,250-(see attached break down). We would like to ask the C.R.A. to help us with $107,400- to build this Cafes. 30 NE 14St. Miami FL. 33127 Tel: 305- 8045793 Fax: 305-7570604 E-Mail Teremg@bellsouth.net 0 2- 98 ON1NI / CRA ili's Cafe & Bakery Description of the business Sandwich Bar L.LC. is a limited liability company d.b.a. as Gili's - Cafe & Bakery and registered in the State of Florida. The owners of the company are; Gil Terem and Eran Ramati, each own 50% of its shares. In order to open the Cafd we will need to issue a Certificate of Use from the City of Miami and an occupational license. The type of business we are in is manufacturing. The Caf6 will prepare and sell: * Fresh made salads (12 types) * Fresh sandwiches * Baked goods, bagels, muffins, and pastries * Fruits smoothies * Hot and cold drinks The business is a new and based on existing businesses in the U.S. and abroad. The business is unique in the preparation and serving of the food and drinks and will draw many customers from the area. The food is fresh, and will be made on the spot, in front of the customer. The prices are moderate. The Cafes will be open from 10:00a.m. To 10:00 p.m. Mon thru Thurs. And 10:00a.m. to 5:00 a.m. Fri. thru Sun. At the present, the area of the Omni area does not have any food establishments that can provide food and drink to the growing numbers of tenants and business people who are moving to the area. The Cafid will offer `Big Time Productions" personnel, The Jackson Memorial Hospital, Low offices, construction workers and artists, the opportunity to eat and drink in the Omni area, instead of having to order catering service from Miami Beach. In addition, we will provide the clients of the clubs and bars at the Omni and Park West, a place to eat and sober up before they hit the highway. Location The Cafd will be located at 30 NE 14" St. (off N. Miami Ave., next to the Bank Building). The building has 5,400 sq. ft. with an additional 5,000 sq. ft. Garden. The Cafes will share the Space with a Live Performance Lounge, and will use 1,400 sq. ft. of the building with garden and outdoor cafid. The location of the building is excellent; right on 10 St. between the Performing Arts and the Studios. It is close to the offices at 15'b St. and Clubs in the Entertainment Area. It also located next to the 15d' St. Monorail and the Omni Bus Terminal. 2 30 NE 14St. Miami FL. 33127 Tel: 305- 8045793 Fax: 305-7570604 E-Mail TeremgAbellsouth.net pNN 1 CRA 02- 98 Gill's Cafe & Baku The downtown area is in the process of redeveloping and reviving. A demographic shift is accruing now. The Cafe will add to the revival of the Omni area, and will be one more brick in the building process. The Marketing Plan The future customers of the Cafe are divided into three main groups: Day crowd for breakfast and lunch — new businesses in the area, film and studio crews, office workers from the Miami Dade Teachers Union and other offices in the area. Night and weekend visitors in the area — In Park West where, there are already four nightclubs and two more are to be opened this year. These visitors need a place to hang out before and after the clubs instead of hanging out in the streets. In addition the A.A Arena is also attracting visitors. If they had a place to go, they would spend more time in the area, instead of only parking their cars and leaving as soon as the show or game is finished. Pick-ups and deliveries to residential tenants — The Omni area, especially east of Biscayne, has quite a few residential towers and many more projects coming soon. Since there are no competitors at the moment, the need for a Cafe/ Restaurant business is great, and the growth of such a business will be fast. The marketing of the Cafe will be through signs and billboards in the area, newspapers and magazines. We will sponsor events in the surrounding a clubs and for the delivery market. A direct mail of to -go menus will be printed and distributed in Omni/Park West and Overtown as well as Wynwood. The Management Gil Terem and Eran RamatL both restaurant and Cafe owners for 15 years, will manage the Cafe. Mr. Terem owned and operated three restaurants in New York City and two Cafes and Bars in Israel. Mr. Ramati has been a restaurant owner and operator in Tel Aviv, Israel Both partners recognized the potential in the Miami market and are willing and able to open and prosper in the area. In addition, the Cafe will hire and train personnel from the area as counter people, service and kitchen employees. We estimate a total team of 10 people. 3 30 NE 14St. Miami FL. 33127 Tel: 305- 8045793 Fax: 305-7570604 ®NINI/CRA E-Mail Teremg@bellsouth.net 0 2 _ 98 Gili's Cafe & Bakery Financial Management Plan Investment in the property during the year 2002 uv to date: Electrical system $12,000 Plumbing $18,500 Windows and Shutters $16,250 Roof $ 8,500 Plastering , paint $15,750 Total paid $719000 Start-up Budget Garden and Landscaping $ 17,000 Build out, interior design $ 27,000 Personnel $ 5,000 Legal/professional fees $ 3,500 Occupancy $ 3,600 Licenses/permits $ 1,250 Equipment $ 25,000 Insurance $ 600 Supplies $ 5,500 Advertising / promotions $ 9,500 Utilities $ 450 Payroll Expenses $ 1,750 Total $1009150 Projected Operating Budget Personnel and Security $18,000 Insurance $ 1,800 Rent $ 3,600 Depreciation $ 3,200 Loan payment (Countrywide) $ 1,200 Advertising / promotions $ 3,000 Accounting $ 2,000 Miscellaneous expenses(Le.Security,repairs) $ 2,000 Food and Hard Supplies $40,500 Utilities $ 1,300 Taxes $ 3,500 Repair/ maintenance $ 2,000 Total $82,100 Grand total $253450 4 30 NE 14St. Miami FL. 33127 Tel:, 305- 8045793 Fax: 305-7570604 E-Mail Terema(abellsouth.net OMM / CRA 02- 98 `ili's Cafe & Bakery We would like the C.R.A. to assist us with the followings: Garden and landscaping grant $17,000 Interior design and decoration grant $139000 Personal total grant $13,000 Equipment loan $259000 Insurance Total loan $ 29400 Supplies loan $ 59500 Security start-up and operation grant $10,000 Opening party with city official grant $ 39,500 advertising promotion grant $ 3, 000 hookup and impact fees grant $159000 Total grants and loans $107,400 Please see attached invoices and estimates, more information is available upon request. 30 NE 14St. Miami FL. 33127 Tel: 305- 8045793 Fax: 305-7570604 E-Mail Teremg@bellsouth.net 0N1IeTI/CRA 02- 98 13 Page 1 of 2 Arscott, Chelsa From: Gill [teremg@bellsouth.net] Sent: Saturday, November 30, 2002 12:37 PM To: Arscott, Chelsa Subject: Re: Gili's Cafe Dear Chelsa, first, happy holidays to you and your family. as for your questions: the Projected Operating Budget is based on three months, all amount should be divided to three to obtain monthly cost, I'm song, 1 should have broken it to monthly figures. 1. The building owned by 30 ne 14 st. l.l.c, a company that I am partner at 25%, the Cafe which owned by Eran Ramti and me 50%-50%, is leasing 1,400sq.f out of the 5,400-sq.f. for $1,200 a month plus expenses. The rent - $3,600 represent the rent only, for three months. 2. Loan payment for Countrywide is the payments we are paying for our line of credit . the balance now is about $50,000. 1 did not included it in my request,its just part of my expenses. 3. the line Personnel and security refer to personnel and Security company i.e. guards for the cafe, (the place was broken into twice, even before we opened). Miscellaneous expenses, is an alarm system among other unexpected repairs, and repair/ maintenance is for maintaining and overhead expenses for the first three months. 4. taxes at $3,500 represent the monthly taxes - $1,170 times three. 5. the Depreciation is 3% (for quarter) of the total depreciated items in the cafe Le. machinery, equipments and its part of the cost in the first year. 6. food and hard supplies are $13,500 per months times three. I hope that 1 answered all your question, if you need anymore information please call me or send me e-mail, yours, gil 12/3/2002 ICRA 98 Page 2 of 2 0 A ----- Original Message From: Chelsa Arscott To: teremg@bellsouth.net Sent: Saturday, November 30, 2002 9:02 AM Subject: Gili's Cafe Gil, Upon reading your Gili's Cafe Proposal, i am writing to obtain clarification on the "Projected Operating Budget". I would make the assumption that this is a monthly projection, not a yearly projection. As such, please confirm/clarify the following. 1. Why is rent at $3,600 included in this category? Isnt the building owned by Sandwich Bar L.L.C? 2. Please clarify Loan payment (country wide) 3. Please clarify Miscellaneous expense at $2,000... the items listed there, namely security and repair is included in line item "Personnel and securi "at $18,000 as well asunder "Repairs/ maintenance at $2,000 4. Taxes at $3,500 - is this the yearly tax amount? If your "Projected Operating Budget is a monthly projection, and this tax amount is a yearty projection, it must be accounted for at a monthly rate. Why is "depreciation" included in the Projected Operating Budget? 6. Food and Hard Supplies at $40,500 - is this a monthly recurring cost or a yearly recurring cost? Thanks Chelsa 12/3/2002 OMN11M 02 - 98