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Meeting Date:
04/25/2022
CRA Agreement - Flyer Red Properties II, LLC Operated As Warped Wing - 6602 Executive Boulevard
Submitted By:
Bryan Chodkowski
Department:
Council Committee Review?:
Council Work Session
Date(s) of Committee Review:
04/19/2022
Audio-Visual Needs:
None
Emergency Legislation?:
No
Motion/Ordinance/
Resolution No.:
2022-R-7117
Agenda Item Description or Legislation Title
A Resolution Authorizing The City Manager To Enter Into A Community Reinvestment Area Agreement With Flyer Red Properties II, LLC Under Certain Terms And Conditions.
(first reading)
Purpose and Background
Flyer Red Properties II, LLC would like to acquire the property at 6602 Executive Boulevard and reconstruct the existing TruckPro facility into a restaurant/taproom/smokery to be operated by Warped Wing Brewing Company, similar to existing facilities in Springboro and Mason. Additional improvements are planned, including a biergarten, pilot brewing system, and warehouse space for storing raw materials, food, and beer. The project involves a total investment of $1,000,000 (plus or minus) and will create and sustain 42 full-time equivalent jobs resulting in approximately $1,200,000 in new payroll.
Fiscal Impact
Source of Funds:
N/A
Cost:
N/A
Recurring Cost? (Yes/No):
N/A
Funds Available in Current Budget? (Yes/No):
N/A
Financial Implications:
Attachments
Resolution
Exhibit A
2022-R-7117
2022-R-7117
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