Agenda - Council - 07/10/2018 - Laserfiche WebLink

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CC Regular Session Meeting Date: 07/10/2018 By: Katie Schmidt, Administrative Services 7. 2. Information Title: Adopt Resolution #18-139 Approving Restaurant Subsidy Application for Awning Replacement: Kitchen Table Purpose/Background: PURPOSE 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 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 $6,000 (original quote was $2,500 as presented to the EDA). The restaurant owner would be responsible for the balance. Recommendation: The EDA recommends approving the Sign and Awning Program Application for Kitchen Table restaurant. Action: Motion to adopt Resolution #18-139 approving the sign and awning assistance request from Kitchen Table, subject to the applicant meeting all program requirements outlined in the approved city policy. Attachments Kitchen Table Sign and Awning Program Application Resolution #18-139 Form Review Inbox Reviewed By Date Tim Gladhill (Originator) Tim Gladhill 07/03/2018 02:45 PM Tim Gladhill (Originator) Tim Gladhill 07/05/2018 09:49 AM Kurt Ulrich Kurt Ulrich 07/05/2018 02:06 PM Form Started By: Tim Gladhill Started On: 06/29/2018 08:27 AM