ACTION ITEMS - Chairman Bailey (Requires DIA Action and/or Approval) Staff Distribution:

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1 MEMBERS: James Bailey, Committee Chair Jack Meeks, Committee Member Kay Harper-Williams, Committee Member, Excused Downtown Investment Authority Retail Enhancement Review Committee AGENDA City Hall at St. James, 117 W. Duval Street Third (3rd) Floor, Suite 310 Wednesday, March 11, :00 PM I. CALL TO ORDER Chairman Bailey II. III PROGRAM OVERVIEW Aundra Wallace ACTION ITEMS - Chairman Bailey (Requires DIA Action and/or Approval) A. February 12, 2015 REP Committee Meeting Minutes B. REP Application Zodiac Bar and Grill IV. OLD BUSINESS Chairman Bailey V. NEW BUSINESS Chairman Bailey VI. VII. PUBLIC COMMENTS Chairman Bailey ADJOURNMENT Chairman Bailey Next Scheduled Meeting: TBD Staff Distribution: Aundra Wallace, DIA Chief Executive Officer Guy Parola, DIA Redevelopment Manager Tom Daly, DIA Redevelopment Analyst Jim Klement, DIA& DDRB Redevelopment Coordinator Susan Grandin, Office of General Counsel Lawsikia Hodges, Office of General Counsel Paul Crawford, OED, Deputy Director Alex Rudzinski, OED DIA Council Liaison, Lori N. Boyer, Council Member District 5 Karen Underwood, DIA Executive Assistant David DeCamp, Public Information Office G:\Shared\Boards & Commission\DIA\DIA Meetings\2015\March 2015\ _REP Committee\Meeting Packet\ _REP Committee Agenda.doc

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3 DOWNTOWN INVESTMENT AUTHORITY RETAIL ENHANCEMENT PLAN COMMITTEE WEDNESDAY, MARCH 11, 2015 III.A. FEBRUARY 12, 2015 REP COMMITTEE MINUTES

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5 Downtown Investment Authority Retail Enhancement Program Committee City Hall at St. James 117 West Duval St., 3 rd Floor, Conference Room C Thursday, February 12, :00 a.m. REP Committee Meeting MEETING MINUTES DRAFT Board Members Present: DIA Staff Present: Office of General Counsel: Jim Bailey, Chair, Doris Goldstein and Craig Gibbs Aundra Wallace, Jim Klement, Guy Parola, and Tom Daly Not Present. Next meeting: March 11, 2015 I. Call to Order Chairman Bailey A quorum was confirmed and Chairman Bailey called the called the review committee meeting to order at approximately 10:00 a.m. II. Action Items II.A. REP Staff provided an overview of application REP , Super Food and Brew. A MOTION WAS MADE BY BOARD MEMBER GIBBS AND SECONDED BY BOARD MEMBER BAILEY TO APPROVE REP APPLICATION SUPER FOOD AND BREW, 11 EAST FORSYTH STREET FORGIVEABLE LOAND FOR $49,837, SUBJECT TO: 1) APPLICANT TO OBTAIN APPROPRIATE PERMITS WITHIN 6 MONTHS OF FINAL PROGRAM DOCUMENT APPROVAL AND EXECUTE AGREEMENTS WITH DIA. 2) APPLICANT TO HAVE ALL WORK COMPLETED WITHIN A 6 MONTH PERIOD FROM FINAL PROGRAM DOCUMENT APPROVAL AND EXECUTED AGREEMENTS WITH DIA.

6 REP Committee DRAFT MINUTES February 12, 2015 Page 2 of 2 3) APPLICANT MAY RECEIVE UP TO A 6 MONTH PERIOD EXTENSION TO COMPLY WITH FINAL PROGRAM DOCUMENT APPROVAL AND DIA EXECUTED AGREEMENTS. (THE MOTION PASSED UNANIMOUSLY 2-0) III. OLD BUSINESS None. IV. NEW BUSINESS None. V. PUBLIC COMMENTS Four (4) individuals provided comments. VI. ADJOURNMENT The meeting adjourned at 11:00 a.m.

7 DOWNTOWN INVESTMENT AUTHORITY RETAIL ENHANCEMENT PLAN COMMITTEE WEDNESDAY, MARCH 11, 2015 III.B. APPLICATION

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13 DIA Staff Report Retail Enhancement Program March 11, 2015 Project tracking number: REP Project name/ Applicant: Project location: Zodiac Grill, Inc. D.B.A. Zodiac Bar & Grill Att: Jeriees Ewais, Owner 11 East Forsyth Street Jacksonville, Florida Project asks type and amount: Amount Requested: $18,288 Project Description: Total Project Cost $38,341 Eligible Improvement Cost $38,341 Applicant Equity Investment $20,053 Zodiac Grill, Inc., intends to remodel portions of the existing restaurant and bar area (approximately 2,600 SF) at 120 West Adams Street, on the 1 st Floor of the Schultz Building which is designated as having Historical significance with the City of Jacksonville. The owner of the Zodiac Grill, Inc., Mr. Jeriees Ewais has over 20 years in the restaurant industry. The restaurant specializes in Middle Eastern and Greek food. The applicant is seeking $18,288 for the first floor improvements. The total cost is estimated to be $38,341. The remodel will allow the operation to add an expected 2 FTEs (Full Time Equivalent) workers in a combination of full and part-time employees and anticipates an extended daily opening schedule in addition to special late evening and weekend hours of operation, coordinating so as to capture market opportunities in association with special events in the Downtown area. Staff review of the application indicates the proposed project meets the Goals of the program with respect to expanding the local property and sales tax base as well as attracting new business to older and historic building in the Downtown area. 1

14 Staff Recommendation: Approve a Forgivable Loan in the amount of $18,288; subject to: 1. Applicant to obtain appropriate permits within 6 months of final program document approval and executed agreements with DIA 2. Applicant to have all work completed within a 6 month period from final program document approval and executed agreements with DIA 3. Applicant may receive up to a 6 month period extension to comply with final program document approval and DIA executed agreements 4. The forgivable loan will be secured by a personal guarantee of the tenant in the event of a default under the program or funding agreement. Attachments: Application Summary Construction Plans Business Plans / Pro Forma G:\Shared\Administration\Aundra Wallace\Downtown Retail Enhancement Plan\REP projects master staff reports grants or loans files\rep March

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