4.5.
Economic Development Authority (EDA)
- Meeting Date:
- 06/14/2018
- By:
- Katie Schmidt, Administrative Services
Title:
Restaurant Subsiby Application: Kitchen Table
Purpose/Background:
PURPOSE
Review Kitchen Table's Restaurant Subsidy: Sign and Awning Program Application.
Review Kitchen Table's Restaurant Subsidy: Sign and Awning Program Application.
Notification:
Observations/Alternatives:
Kitchen Table has signed a lease with PSD, LLC for the former restaurant space at 7533 Sunwood Dr NW (Ramsey Office Plaza).
The previous EDA Case on this agenda provides consideration to establishing this new program in which this Application is being submitted. Approval of this request would be contingent upon adoption of this policy.
Recruitment of restaurants is a recognized priority for the community. This appears to be a relatively low-cost option for the city to provide a benefit to assist a new restaurant venture.
The previous EDA Case on this agenda provides consideration to establishing this new program in which this Application is being submitted. Approval of this request would be contingent upon adoption of this policy.
Recruitment of restaurants is a recognized priority for the community. This appears to be a relatively low-cost option for the city to provide a benefit to assist a new restaurant venture.
Funding Source:
Funding would come from the EDA Account. The Applicant is requesting $1,500 from the City. This is the maximum allowable amount proposed under the program guidelines. The total estimated cost of the project is approximately $2,500. The restaurant owner would be responsible for the balance.
Recommendation:
Staff recommends approving the Sign and Awning Program Application for Kitchen Table restaurant.
Action:
Motion to recommend that the City Council approve the sign and awning assistance request from Kitchen Table.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Brian Hagen | Tim Gladhill | 06/08/2018 10:20 AM |
| Kurt Ulrich | Kurt Ulrich | 06/08/2018 01:47 PM |
- Form Started By:
- Katie Schmidt
- Started On:
- 06/06/2018 12:46 PM
- Final Approval Date:
- 06/08/2018