HomeMy WebLinkAboutCRA-R-16-0021 Cover MemoSEOPVVBoard ofCommissioners Meeting
May 23,2018
SOUTHEAST DVERTOWN/PARKWEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE K8EK8CJRANDWK0
To: Board Chair KwonHerdemon Date: May 13.2018 Fi|e:15-00741
and Members of the CRA Board
Subject: Resolution Authorizing aGrant toTalmadge
Frazier for the Build Out o["Brother Fnazje/o
Ribs."
From: Clarence E.Woods, III References:
Executive Director
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
The attached Resolution of the Board of Commissioners of the Southeast West Community
Redeva|opmentAgenoy("CRA^)authnhzesagnant'inanomountnotboexueed$200'00U'hzTa|madgoFrmzex
("Mr. Frazier"), to underwrite costs associated with the build out of"Brother Fnazier'a Ribs" from the Commercial
Tenant Improvement Program authorized byCRA-R-15-0O10.
Sinn* 1988. Brother Froze/s Ribs has been located in the [>wertmwn community. Mr. Frazier's recently
executed a lease agreement for commercial space at The Carver Apartments and Shoppea. 801 N.W. 3m
Avenue' K4iomi, Florida 33136 and seeks assistance from the CRA for the build out of "Brother Fnozinr'o Ribs"
from the Commercial Tenant Improvement Program inaneffort to expand his business operations.
BrotherFrazier's Ribs seeks to-provideeoomfortatle setting to Overtownresidents and visitors to enjoy quality
food and friendly service in the Redevelopment Area. AdditionoUy, Brother Frazier's FOba intends to provide
community benefits such as, Tuesday "Jazz Ensemble Night", featuring local musicians and half priced mma|e.
Friday "Surf and Turf' menu' featuring old school music. and "College Night" where o portion ofthe food sales
will go to a scholarship fund for college and vocational students in the Overtown area.
Section 2' Goals 4 and 6, at page 11' of the Southeast 0varb)wm/Perk West Community Redevelopment
Agency Plan ("P!an^) lists the "creati[ohoq jobs within the community" and "improving quality oflife for residents"
as stated redevelopment goals.
Section 2, Principle 4. at page 14' of the Plan provides that "employment opportunities be made available toedotingresidants���" Further, Section 2, Principle 6, at page 15 provides that in order to "address and improve
the neighborhood economy and expand economic opportunities of present and future residents and
businesses[J ... [it is necessary to] support and enhance existing businesses and ... attract new businesses that
provide needed services and economic opportunities ......
FUNDING:
$200.000 allocated from 8EDPVV Tax Increment Fund, entitled "Other Grants and Aide" Account No.
10050.920101.883000.0000.00008. Said funds were previously allocated by Resolution No. CRA-R-15-0010.