[RP TownTalk] Honey Bun Cake Factory

[Andrew Salgadoe]

Thanks Jonathan.

Sent from Yahoo Mail on Android 
 
  On Mon, Mar 6, 2017 at 9:15 AM, Jonathan Ebbeler<jebbeler at efusionconsulting.com> wrote:    <!--#yiv2108354971 _filtered #yiv2108354971 {font-family:"Cambria Math";panose-1:2 4 5 3 5 4 6 3 2 4;} _filtered #yiv2108354971 {font-family:Calibri;panose-1:2 15 5 2 2 2 4 3 2 4;}#yiv2108354971 #yiv2108354971 p.yiv2108354971MsoNormal, #yiv2108354971 li.yiv2108354971MsoNormal, #yiv2108354971 div.yiv2108354971MsoNormal {margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri", sans-serif;}#yiv2108354971 a:link, #yiv2108354971 span.yiv2108354971MsoHyperlink {color:#0563C1;text-decoration:underline;}#yiv2108354971 a:visited, #yiv2108354971 span.yiv2108354971MsoHyperlinkFollowed {color:#954F72;text-decoration:underline;}#yiv2108354971 span.yiv2108354971EmailStyle17 {font-family:"Calibri", sans-serif;color:windowtext;}#yiv2108354971 .yiv2108354971MsoChpDefault {font-family:"Calibri", sans-serif;} _filtered #yiv2108354971 {margin:1.0in 1.0in 1.0in 1.0in;}#yiv2108354971 div.yiv2108354971WordSection1 {}-->
Andrew
 
  
 
Sorry if there was any confusion.  HBCF does NOT have any town money (at least as of May 2016 or due to the competition).  There was a Business Grant Competition which had co-sponsors with the County and Douglas Development.  The only monetary benefit they received by winning was the chance for a reduced rent lease agreement with DDC directly.  The Town’s Business Grant Program would have come AFTER they had committed their own funds during build-out/opening.  The legislation has since been repealed by Mayor and Council last year but its core requirement was a minimum dollar-for-dollar match of any town-money to development money.
 
  
 
The matching requirement was put in specifically so that the program would not be a charity but an offset to communicate to the business that the local government was a supportive partner to local businesses.  Moot point now however, given that the program no longer exists.
 
  
 
JWE
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