TO: CRA Board of Commissioners
FROM: Alexina Jeannite, Community Engagement Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: January 24, 2023
Title
SITE DEVELOPMENT ASSISTANCE FUNDING - JERK & LIME AT NICOLE’S HOUSE, LLC (182 NW 5TH AVENUE) FOR AN AMOUNT NOT TO EXCEED $68,416.
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Recommended Action:
Recommendation
Approve a Site Development Assistance Funding Agreement with Jerk & Lime at Nicole’s House, LLC for the proposed improvement project located at 182 NW 5th Avenue, CRA sub-area #3, for an amount not to exceed $68,416.
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Background:
Jerk & Lime at Nicole’s House, LLC (Nicole’s House) submitted a request for Site Development Assistance Funding to help towards the improvements at 182 NW 5th Avenue, within CRA sub-area #3, for an amount not to exceed $68,416.
Originally founded in Brooklyn, New York, Jerk and Lime at Nicole’s House was formed in 2019 by Nicole Myers (“Owner”) with the vision of bringing the cultural dining experience of Jamaican cuisine to Delray Beach’s Historic Northwest Fifth Avenue corridor. The Owner has secured a multi-year lease with the CRA and has plans to update and retrofit the 1450 square foot space to a viable family style dine-in restaurant.
Site Development Assistance Funding is requested to assist with the cost of improvements including interior demo, kitchen buildout, electrical, plumbing, ADA-compliance, and related permitting, engineering, and architectural fees. If approved, it is anticipated that the project will be completed by July 2023.
All estimated eligible expenses are listed in the attached Funding Detail Sheet and are in alignment with the Site Development Assistance Program (Funding Program) guidelines. See below.
TABLE 1 AMOUNT
Estimated total capital investment $ 68,000
Estimated eligible expenses $ 87,888
Recommended funding assistance (up to) $ 68,416
If approved, funding would be disbursed accordingly:
TABLE 2 ...
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