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    Considering the position that ADCO is in with Johnny mananas and amazon cafe, they are not interested in doing any loans to restaurants at this time.

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    Considering the position that ADCO is in with Johnny mananas and amazon cafe, they are not interested in doing any loans to restaurants at this time.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    224 views74 pages

    Hamilton Street Grants

    Uploaded by

    jarrett_renshaw5850
    Considering the position that ADCO is in with Johnny mananas and amazon cafe, they are not interested in doing any loans to restaurants at this time.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 74
    Page 1 of 2 Aguiar, Erlinda From: Aguiar, Erlinda Sent: Thursday, May 14, 2009 1:15 PM To: —_‘immegoey@rcn.com’ ‘Alicia Keegan’, ‘edwards @thebridgeworks.com’ Subject: FW: Referral - Linda MoGoey/Spooners’ Hello, FYI Regarding ADCO. Erlinda From: Judy Yanega [mailto:]Yanega@lehighvalley.org] Sent: Thursday, May 14, 2009 12:24 PM To: Aguiar, Erlinda ‘Subject: RE: Referral - Linda McGoey/Spooners' Erlinda, Considering the position that ADCO is in with Johnny Mananas and Amazon Café, they are not interested in doing any loans to restaurants at this time. Judy Judy L Yanega Manager of Finance Lehigh Valley Economic Development Corporation 2158 Avenue C, Suite 200 Bethlehem, PA 18017 Phone 610-266-6622 Fax 610-266-7623 jvanega@lehighvalley.org warw.lehighvalley.org Notice: Please be advised that this J=mail may contain confidential and privileged information intended only for the use of the person(s) named above. Any unauthorized use of this E-mail or attached documents is strictly prohibited. Further, this NOTICE serves as a disclaimer of any liability on the part of the sender in failing (0 keep this information confidential, Nothing in this E-mail shall be construed as legal advice or as establishing an agency relationship with any recipient From: Aguiar, Erlinda [mailto:aguiar@allentowncity.org] Sent: Wednesday, May 13, 2009 9:18 PM To: Judy Yanega; John Kingsley Ce: immegoey@ren.com Subject: Referral - Linda McGoey/Spooners’ Hello, ‘This afternoon | met with Linda MeGoey, owner of Spooners Café located in downtown Allentown. Mrs. McGoey is looking fora $50,000 loan for working capital is considering ADCO as a potential source. Can you please contact her with information about the program? Her phone is: 484-221-9727. Her e-mail is: Immegoey@ren.com ‘Thanks for your continued assistance to Allentown businesses. Take care, 4/23/2010 Page 2 of 2 Erlinda Enlinda M, Aguiar, UBA Real Estate Development Specialist Giy oF Aientown 435 Hamilton St, 3 floor Allentown PA 18101 | 610-439-5976 E-mail: Aguiar@allentownetty.org 4/23) Aguiar, Erlinda Ce pay From: Lewis Edwards {ledwards@thebridgeworks.com] Sent: Monday, September 28, 2008 10:27 AM To: Siddiga Lilani (E-mal) Ce: Matthew Tuerk (E-mail); Aguiar, Erlinda; Marin, Joyce; Pawlowski, Eo: Scott Unger (E-mal) Subject: Retail Incentive Grants siddiaa, Please prepare a check for the following NBR Retail Incentive Grants which have been reviewed and approved by the loan and grant review committee; ithe first check in the amount of $12,200.00 should be made payable to Spooner's Cafe,\921 Hamilton Street, Allentown, PA” 18101, the sécond chéck in the amount of 00 should be made payable to Rincon 0,0 vadoreno, 958 Hamilton Street, Allentown, PA 16101 and the third check i) the amount of $12,200.00 should be made payable to Deli Plaza, Inc., 963 Hamilton Street, Allentown, PA 16101, ‘The $300 application fee has been deducted from the total grant checks are for the net proceeds. I will send you copies of the commitment so by copy of thie email to the Mayor, I am asking amounts and the letters and remuneration agreements him to email me his approval Please call if you should have any questions Lewis Bdwards Director of Enterprise Development Bridgeworks Enterprise Center 905 Harrison Street PA fax 610-770-2043 ledwardsethebridgeworks.com ary ‘ALLENTOWN ECONOMIC DEVELOPRAENT CORPORATION! ALLENTOWN, PA 19105 9681 Supplier: Spooner’s Customer #: Check #: 9684 Invoice Invoice Date Relerence Iveice Amount Discount ‘Amount Pais 08-10 091802008 NBRG.01-0810 $12,200.00 $12,200.00 GL Acct: 1010-01-01-0000 Check Date: 10/01/2008 Tota: 512,200.00 9681 ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION be FO, BOX 1400 cove NUMBER AeNTOWN, Pa tS asonie ay Twelve Thousand Two Hundred ané 00/100 DOLLARS are amount 3 4010172008 42,200.00 Spooner's rome onnen oF 000000588 hi 32000503 a6a455309 2" la 16-08 ; Keep Oct 08 08 O24fp Spooners Cafe 4842249705 pe : Copy. Pr recil 1eleler Request for Taxpayer Give orm to the Identification Number and Certification sequester, Bo not 0 erate ane bos, For neta, is Is your social sect; number {SSH ‘Se bloprivta, or disregarded entity, see tna Part Fineivuctions on page 2 fr i ‘yon amployer idoteation rarabar EN Iryoo donot have 2 NUM 0 Fimo 10 ne = TN oa S _ rare dan ane rama. se the chart am page 4 fur guidelines on whose muir i Lunes pense tip eet that se mint: oe ts fom is ny comet expe dectifention sumber lr | am wating for 9 numer to bs Rsved tO mel. ane 2. an rer a3 (ewackep valhhoting Kecous: fa) | am exempt komm Dackup withaoicng, o (3)! have not een noting by the ek) eugru Sete tips he! em sujet to backup wilsnaiing as a “ess! cla fare to feporl ab inrzs or videods or (e} We WAS has Toe io! 34" feng subject Ce backup withciding, and i 4 US. pete eszading 2 US. rest aie y= ptaen ts ss ne “You mm 08s outer 2 ae It you Rave bee. nls by the IRS thal you oe curently subject fo backup Cetin ses a noe fae te repan laren! ang Glsends ce vou tax retin. Fo! ea eile Ursin fn @ does nok epDYy. For nartgaye 18 ple, neqution or abandonraen! of secure propery. ceneatalin ef debt coMx2inns (oat hie “eeme: jee (= prepa ean ae on es ent ‘sn the Celicaion, Bu You mut ctor on pge : cms B-f BP fonresicent alien who becomes 9 resident alien. Benerally, 017 @ nonresident alien incindual may use the terme o! a ta» leaty to recuce or elmmivate US. tax on psn ws requis 10 fe an ioformation tet with {nD IRS. out shies yur cowees laxpayer Identiicaton in types of acer, Howeve mas tx teats coma a fueober {TIN steno, lox Bangle, income paid tO you. tel prousion known 2 "saving Clause.” Exceptions spectied ‘plat Wiese No, mtgage inert you pale, aeqUistier iaJse ray pit ans exemption from Y8x (0 mite fk propery, Cancatation of debt. oF ain ipso income even ater he recipient fotelbeiinn spa mage 18 an RA fas otherwise Become aS. rsicent ale for lox purposes. jus -anns WS only if you ate a U.S. person It you are a U.S, reside: alien who ceiving on an Sesion on, 0 prodde your cred FN tke gaegen eons the aatng case on ee Yo ii ne requester a6, when applicable, to: aim an exemption fiom U.S. t2F ch conan types oF income, ‘hia Speeties the following fe you are ging 1s cartes (or you are you Must etach a statome rica ems ‘1 suj00 10 backup watoldng 1. The wealy county: Genorsiy his must be the same a = Wweaty under which you clawed) exemption from tax as vesidont an tunrés nin crm Backup withholding i you are & onresio exe ae 2, The weay ancl addheesiay te wore, ines: gives you 9 form other than Form W-9 3. The aril rumber (0 locale sth tax Weary that Fi a Ae owe te requests fares ts cOntang tne saving cause ard is exceptions. ay the, aa seve sont ote hve Farm Wo. 4. The type and amount oF income that qualifies for the Forvign veer. It yu ate @ foreign person, use the exeenation from 1x io vers Wh see Pub. $15, Wityholding of Tox oe 5, Suffciant (acts 16 justly the exemption from tax under cam WB te 1-20) (ca Ne wane Page | of | Aguiar, Erlinda From: Aguiar, Erlinda sent: Monciay, June 02, 2008 3:52 PM ' To Aguiar, Erlinda: mike. pany@wachovia, com: ‘sbosket@caclv.org'; Paulus, Davie rcerrut'48@hotmall. com’ ‘ceteratvaredo@inbrowm; ‘irecior@allentownedo.com nkijne@ivmac.org ce Giguere, Lauren; ledwards@thebridgeworks com ‘Eduardo Eichenwald" Subject: Review Committee Update Attachments: NBR GRANT SUMMARY FINAL 080208.D0C; SPOONERS 060208.D0C Hello, | hope you are the nice spring weather we have today! | wanted to make you aware of @ new program the Mayor and Joyce Matin, aur new Ditector, have approved. This new program is named the Neighbortiood Business Revitalization Grant (NERG) and we hope it will address the needs of the loyal, long-time businesses on Hamilion Street. | tried to keep the guidelines as simpie as possible. We are starting with a total allocation of over $81,000.00. With 2 maximum approved amount of $12,600.00 we anticipate starting with a few grants, but everything depends on the magnitude of the projects and the wilingness of the business owners to provide ali the documentation needed. | tied to Keep these guidelines consistent with those of our Restaurant Row incentive Grant Program (RRIP) end tne Retail incentive Grant Program (RIP). Please review the guidelines and let me know i you have any questions. am aiso proposing to approve Spooner’s application under the new NBRG program instead of the RRIGP, as the NBRG is 2 more suitable program for the customer's request. Please send your vote vie e-mail (or reply with any questions). Thanks in advance Erinda Extinda Ml, Aguiar, WBA Real Estate Development Specialist City of Allentown 435 Hamilton St, 3° floor Allentown PA 18101 39-5976 8/9/2008 CITY OF ALLENTOWN DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT Borrowers: Project Address: Grant Amt Requested: Total Project Costs. Purpose: Committee Date: Summary Grant Request Linda MeGoey, Spooners, LLC 921 Hamilton Street, Allentown PA $12,500.00 Over $150,000 invested Neighborhood Business Revitalization Grant as rent rebate E-mail vote requested June 2, 2008 Applicant: Linda McGoey, Spooners, LLC BACKGROUND Spooners Restaurant has been in operation at 921 Hamilton Street for over a year. However, Mayor Pawlowski recommends this application on the basis of the economic impact of retaining this business in downtown and the level of investment that Mrs. McGoey has made (over $150,000). Spooner's Café caters to the business professionals, shoppers and visitors to downtown Allentown with a wide variety of homemade soups, sandwiches and salads. Spooner's opened in August 2006 for lunch and expanded to breakfast in April 2007. Catering is expanding from area businesses and doctor's offices to private home catering. Linda MeGoey, owner, began her business career in the field of human resources in 1991 and remained in this field for 25 years. After her last employer closed she was invited to participate in the SEA Program through CareerLink. Her decision to open a restaurant was based on her love of making soups, enjoying people and her positive attitude for downtown Allentown GRANT REQUEST The grant would be used to reimburse Ms. McGoey for equipment acquisition and for marketing of the restaurant. The writer referred Ms. McGoey to work with Tatiana Tooley from CADC to develop a strong marketing plan (including advertising) for Spooner's. The advertising/marketing expense is estimated at $12,200 a year (includes TV and radio commercials) plus the application fee which the customer opted to include in the grant request. The writer recommends approval in order to retain an existing restaurant in downtown and also based on the level of investment of the business owner. Ms. McGoey modified her original lease to reflect a total term of 5 years from the time of opening. Therefore, the request is in compliance with the NBRG guidelines Page | of | Aguiar, Erlinda From: — Nathan Kline [nkline@lvmac org] Sent: Monday, June 02, 2008 4:36 PIM To: Aguiar, Einda; mike pany@wachovia.com; doosket@cacl.org; Paulus, David, rcerruti48@hotmail.com; celia alvarado@knbt com; director@allentownedc.com Ge: Giguere, Lauren; leawards@thebridgeworks.com: Eduardo Eichenwatd Subject: Re: Review Committee Update Erlinda! approve the grant of $12,500.00 to Linda McGoey,Spooners,LC Grant to be used as rent rebate, Nate Kline Original Message From: Aguiar, Erinda To: Aguiar, Erlinda ; mike, pany@wachovia com ; dbosket@cacly.org ; Paulus, David ; rcesrutiaS@hotmail com ; celia aivarado@knbt com ; drecior@alientownede. com , nkine@Wvmac org Ce: Giguere, Lauren ; ledwards@ihebridgeworks.com ; Eduardo Bichenwald Sent: Monday, June 02, 2008 3:52 Pat Subject: Review Comittee Update Hello, | hope you are the nice spring weather we have today! | wanted to make you aware of a new program the Mayor and Joyo Marin, our new Director, have approved. This new program is named the Neighborhood Business Revitalization Grant (NBRG) ‘and we hope it will address the needs of the loyal, long-time dusinesses on Hamilton Street. | tied to Keep the guidelines as. simple as possible. We are starting with a total allocation of over $81,000.00, With a maximum approved amount of $12,500.00 we anticipate starting with a few grants, but everything depends on the magnitude of the projects and the willingness of the business owners to provide all the documentation needes. | tned to keep these guidelines consistent wth those of our Restaurant Row Incentive Grant Program (RRIP) and the Retail Incentive Grant Program (RIP). Please review the guidelines ‘and let me know if you have any questions. | am also proposing to approve Spooner's application under the new NBRG program instead of the RRIGP, as the NBRG is a more suitable program for the customer's request. Please send your vote via e-mail (or reply with any questions). Thanks in advance, Eninga Ertinda UW. Aguiar, MEA Real Estate Development Specialist City of Allentown 435 Hamilton St, 3° floor Allentown PA 18101 610-438-6976 E-mail aguiar@allentowncity.org 8/9/2008 Page 1 of 2 Aguiar, Erlinda From: — Nathan Kline {nkline@lvmac.org) Sent: Monday, June 02, 2008 6:04 PM To: Aguiar, Erlinda Subject: Re: Review Committee Update Erlinda, No apology necessary | approve of uses needed as requested Nathan ---- Original Message ~ From: Aguiar, Erinda To: Nathan Kiine ; mike pany@wachovia.com ; cboskel@caclv.org ; Paulus, David; rcerruti48@hotmali.com cea alvarado@knbt.com ; drector@allentownede. com Ge: Giguere, Lauren ; ledwards@thebrdgeworks.com ; Eduardo Eichenwald Sent: Monday, June 02, 2008 4:59 PM Subject: RE: Review Committee Update Hello Nathan, Thank you very much for your promat response. | apologize because when | was updating the summary { failed to update the front page. The grant request being presented is for marketing costs based on the level of investment of Mrs. McGoney {includes improvements fo the space, equipment purchases, ete.) | apologize for the error. Thank you, Evinda From: Nathan Kline {mailto:nkline@ivmac.org] Sent: Monday, June 02, 2008 4:35 PM To! Aguiar, Erlinda; mike.pany@wachovia.com; doosket@caclv.org; Paulus, David; roerruti48@hotmall.com; cela. alvaradog@knbt.com; director @allentownedc.com Ce: Giguere, Lauren; ledwards@thebridgeworks.com; Eduardo Eichenwald Subject: Re: Review Committee Update Erlinda,| approve the grant of $12,600.00 to Linda MoGoey,Spooners,LLC Grant to be used a8 rent rebate. Nate Kline Original Message ~ From: Aguiar, Erlinda To: Aguiar, Erlinda , mike, pany@wachovia.com ; doosket@eactv.org ; Paulus, David ; reerrull4&@hotmall.com ; celia alvarado@knot com ; director@allentowmedc com ; nkline@lvmac.org Go: Giguere, Lauren : ledwards@thebridgeworks.com ; Eduardo Elchenwald Sent: Monday, June 02, 2008 3:52 PM Subject: Review Committee Update Helio, | hope you are the nice spring weather we have today! | wanted to make you aware of a new program the Mayor and Joyce Marin, our new Director, have approved. This new progrem is named the Neighborhood Business Revitalization Grant (NBRG) and we hope it will adcress the needs of the foyal, jong-time businesses on Hamilion Street. | tried fo keep the guidelines as simple as possible. We are starting with a total allocation of over $61,000.00. With @ maximum approved amount of ‘$12,500 00 we anticipate starting with a few grants, but everything depends on the magnitude of the projects and the willingness of the business owners to provide all the documentation needed. | tried to Keep these guidelines consistent with those of our Restaurant Row Incentve Grant Program (RRIP} and the Retail incentive Grant Program (RIP). Please review the guidelines and let me know if you have any questions. 11am also proposing to approve Spooners application under the new NBRG program instead of the RRIGP, as the NBRG is a more suitable program for the customer's request. Please send your vote via e-mail {or reply with any questions). Thanks in advance, Erinda 8192008 Page 2 of 2 Extinda WU. Aguiar, UEA Reai Estate Development Specialist City of Allentown 435 Hamilton St, 3 floor Allentown PA 18101 610-638-6976 E-mail: aguiar@allentowncily.org 8/9/2008, Aguiar, Erlinda From: Danie! Bosket [dbosket@eaclv.org) Sent: Monday, June 02, 2008 9:21 PM To: Aguiar, Erlinda Subject: RE: Reviow Committee Update 3 approve dar Byam; Aguiar, Erlinda [agulardallentowncity org) Sent: Monday, June 02, 2006 9:52 PM To: Aguiar, Brlinda; mike.panyewachovia.com; Daniel Bosket; Paulus, David; reerrutias @hotmail.com; celia-alvaradoaknbt com) directoreallentownede.com; nklineelvmac.org Cc: Lauren Giguere; Lewis Edwards; Eduardo Eichenwald Subject: Review Committee Update Hello, Y hope you are the nice spring weather we have today! I wanted to make you aware of a new program the Mayor and Joyce Marin, our new Director, have approved. This new program is named the Neighborhood Business Revitalization Grant (NBRG) and we hope it will address the needs of the loyal, long-time businesses on Hamilton Street. I tried to keep the guidelines as simple as possible. We are starting with a total allocation of over $81,000.00. With a maximum approved amount of $12,500.00 we anticipate starting with a few grants, but everything depende on the magnitude of the projects and the willingness of the bupiness owners to provide all the dccumentation needed. I tried to keep these guidelines consistent with those of our Restaurant Row Incentive Grant Progyam (RRIP) and the Retail incentive Grant Program (RIP). Please review the guidelines and let me know if you have any questions 1 am also proposing to approve Spooner’s application under the new NBRG program instead of the RRIGP, as the NBRG is a more suitable program for the customer's request. Please send your voce via e-mail (or reply with any questions). Thanks in advance, Brlinda Erlinda N. Aguiar, NBA Real Estate Development Specialist City of Allentown 435 Hamilton St, 3rd floor Allentown PA 18101 610-439-5976 E-mail: aguiargallentowneity.org Page 1 of | Aguiar, Erlinda From Aguiar, Evinda Sent: Monday, June 02, 2008 3:52 PM T ‘Aguiar, Erlinds ‘mike. pany@wachovie.cont, doosket@caclv.org', Paulus, David; rcerrutia&@hotmal.com’, ‘celia alvarado@knbi.com’,‘director@alientownede.com ‘nkline@Wvmac.org" ce: Giguere, Lauren; ledwards @thebridyeworks.com’, Eduardo Eichenwald! Subject: Review Committee Update Attachments: NBR GRANT SUMMARY FINAL 080208.D0C; SPOONERS 060208.00C Helio, | hope you are the nice spring weather we have loday! | wanted to make you aware of a new program the Mayor and Joyce Matin, ‘our naw Director, have approved. This new program Is named the Neighborhood Business Revitalization Grant (NBRG) and we hope it will address the needs ofthe loyal, long-time businesses on Hamilton Street. | tried to keep the guidelines 2s simple as possible We are starting with a lotal allocation of over $81,000.00. With = maximum approved amount of $12,500.00 we anticipate starting with 2 few grants, but everything depends on the magnitude of the projects and the willngness of the business ‘owners to provide all the documentation needed. I tried to Keep these guidelines consistent with those of our Restaurant Row incentive Grant Program (RRIP} and the Retail Incentive Grant Program (RIP). Please review the guidelines and let me know i you have any questions, | am also proposing to approve Spooner's application under the new NBRG program instead of the RRIGP, as the NBRG is a more suitable program for the customer's request. Please send your vote via e-mail (or reply with any questions). Thanks in eins (5G Extinda M, Aguiar, UBA ne Real Estate Development Specialist Chr nienoen 435 Hamillon St, 3° floor Allentown PA 18101 al apatesomctvo Dave; Nod your vite. Teun, Ex lode Page I of I Belletieri, Louie From: Aguiar, Erlinda Sent: Wednesday, December 05, 2007 6:19 PM To: Pawiowski, Ed; Giguere, Lauren; Belletior, Louie Ce: Khouri, Jessica ‘Subject: FW. Spooner’s Application for Restaurant incentive Grant Hello, | spoke with the Mayor this afternoon after his press conference and he confirmed that we should NOT waive any requirements for the Spooner's application. We should adhere to the procedures AND the guidelines we follow for all other applications as much as possible, Therefore, | will contact the customer tomorrow and have them ‘complete an application form for the Grant. In advition, Ms. MoGoey will have to pay the application fee of ‘$300.00 either via check witn the application or have it deducted from the approved grant amount as part of the soft costs of the Restaurant Row Incentive Program (provided the request is approved by Committee). ‘The Mayor aiso told me that the request should be for 2 combination of a grant and a loan, not 100% grant funds, {noted that the NBR program does not specifically include ‘marketing costs,” but we may present it to the Review Committee showing the marketing as e “soft cost” of the project, along with other expenses, If you have received any financial information from Ms, MeGoey please provide it to me so! can have a better idea about their financial situation and also the Investments she's made in the business since she started. | must ask for Tax Returns (business and personal) in order to document the NBR application. If you are available, you and | can meet with Ms. McGoey together to go over the details of both the grant and the Joan applications, Thanks, Exlinda X5978 From: Aguiar, Erlinda ‘Sent: Wednesday, November 28, 2007 9:12 AM To: Pawlowski, Ed Ce: Giguere, Lauren; Khouri, Jessica ‘Subject: Spooner's Application for Restaurant Incentive Grant Hello, | explained to Louie Belletieri on Monday morning that we needed to have the owner af Spooner’s complete an. application for the Restaurant Incentive Grant even if we knew up front that they didn’t meet the program guidelines. To date, every single customer has been required to complete an application. | am very concerned ‘bout waiving this requirement because is setting a precedent. With your approval | will contact the customer and have them complete an application. In addition, every single customer has paid an application fee of $300.00 (whether by check or coming out of the grant proceeds). | do not have an application fee for this customer. Non-compliance with this requirement also Concerns me because it sets a precedent. We've never waived filing out an application and the application fee ‘or any applicants Please reply to this e-mail and confirm if you have decided to waive both requirements OR if| have your approval to contact the customer and follow existing procedures. Thanks, Erlinda 12/6/2007 Page | of 2 Belletieri, Louie From: Aguiar, Erlinda Sont: Wednesday, December 06, 2007 7:26 PM To! Belietien, Louie Ce: Giguere, Lauren; Khouti, Jessica Subject: FW. Spooners Attachments: SPOONERS LETTER.DOG; SPOONERS GRANT SUMMARY .DOG; BAAKILI RET GRANT 14272007.D0C Hello Louie, Jessica sent me the attached documents on your behalf. However, atter reviewing what was sent | need to ask if you could please revise these documents in order to follow the procedures we currently have in place, as follows: 4) Only ONE document should be submitted to the Committee for each application (it helps to avoid confusion). 2) The Summary Page should note the TYPE of grant the customer is requesting (in this case Restaurant Row Incentive Grant for $xx,.0%. xx) under the “grant amount requested.” 3) Total Project Costs: show a breakdown of hare (equipment, real estale, et.) and soft costs (plans, permits, fees, etc.) and a total amount for Doth, as applicable, 4) Completion Date means the date the full application packet was “completed” and/or received from customer (most times it's the same date). | usually do not include the “completion date" field for grant applications, but only for loans, so this field is not needed, 5) usually update the Committee meeting date before | send it out, no problem because | double check. 6) The "Background" section should have more information about the project, Itwould be helpful to the Comimitiee to know the name of the business that is subleasing from Spooner’. Also, please inclucie the owner's experience and qualifications that prepares them to successfully manage the operation. if there ate others involved in running the business, it would be helpful to the Committee members to know this information. How many empioyees work al this business (show impact to downtown}, how long the business has been open {in this case) anc why they were having problems and how they resolved them (being this an existing business that was/is struggling). I they don't own the building, then at minimum, mention the property owner's name. Showing impact to downtown, Weed and Seed, Enterprise Zone, or any other programs in place as well as a high probability of success is very important to make the Commities members feel comfortable with voting in favor of the request. 7) ‘The grant request should reflect compliance with the program guidelines (mention the Program name and which option is being requested -reimbursement of fit out costs ot rent rebate ~in this case “rent rebate’). If not in compliance, then note why not in compliance, and why the request ments to be considered (especially merits for “exceptions” since the application is not completely in compliance with the Restaurant Row incentive guidelines). You should also show @ comparison between the % eligibility (60% or other %) and the actual rent being paid. Also show how the grant funds will be distributed on an annual basis. The guidelines require a maxirnumn of 80% of rent rebate of the first two years of rent up to $50,000. If you are planning to recommend other options also show the calculations for the additional ‘options 8) Your recommendation to the Committee should follow the "Grant Request” section. If this request wes received by you from the Mayors office | would inciude this information and emphasize that the request it is being recommendes by the Mayor. This is especially important because we know this particular request does not meat the requirement of being a "new" restaurant in Allentown. However, your recommendation probably should emphasize that by supporting this existing restaurant we are preserving a restaurant cluster within our target area,” and that “the cost to the City, in both financial and human resources, to recruit a new business to replace the Spooner’s operation would be much higher than the “incentive” being proposed.” | attached a copy of the summary | prepared for Baakili/2H8 which | sent out to the Committee last Monday Please let me know if you want to set aside some time so we can go over the above information tomorrow. Thanks, Erlinda From: Khour, Jessica Sent: Wednesday, November 28, 2007 12:26 PM Tot Aguiar, Erlinda Ce: Belletizr, Louie; Giguere, Lauren ‘Subject: Spooners Hello Erlinda, Per Louie's request, please see the attached. He has additional information to give to you as well ‘Thank you. Jessica C. Khouri Department of Community & Economic Development City of Allentown 435 Hamilton Street Alleniown, PA 18101 610 437 7610 Fax. 610 439 5947 Page 2 of 2 November 28, 2007 Dear Grant Review Committee: After receiving all of the financials } would recommend one of two approaches. 1) 30% of rent rebate: $10,300 per year for two years, totaling $20,600 2} 80% of rent rebate: $17,280 for one year, totaling $17,280 Linda MeGoey has invested well over $150,000 into the property prior to opening in August of 2006, Please refer to the enclosed attachments. Sincerely, Louie Belletieri Business Development Specialist CITY OF ALLENTOWN DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT Borrowers: Project Address: Grant Amt Requested: Total Project Costs Purpose: Completion Date: Committee Date: Summary Grant Request Linda McGoey, Spooners, LLC 921 Hamilton Street, Allentown PA $20,000 Over $150,000 invested Rent rebate and marketing August 15, 2008 TBD Borrower: Linda McGoey, Spooners, LLC BACKGROUND GRANT REQUEST Spooners Restaurant has been a significant investment int he facility including improvements of approximately $100,000 on improvements and $50,000 on equipment. The Company has entered into a sublease with a complimentary business to supplement its cashflow and to drive additional traffic, The Company is within a small number of additional customers a day to become a viable business. The grant would be used for rental rebate as well for marketing of the restaurant. Page 1 of 2 Aguiar, Erlinda From: Aguiar, Eriinds Sent: ‘Thursday, December 13, 2007 2:4¢ PM To: Pawlowski, Ed ce: Giguere, Lauren; Belietieri, Louie Subject: Spooners follow up - Restaurant Grant and NBR loan - Need your approval - URGENT Attachments: SPOONERS 112807 L8.D0C Hello, | met with Linda MeGoey this morning in regards to 2 possibie Restaurant Incentive Grant. She understood that we must comply with the program requirements, She will complete the application form and also provide me with 2 copy of her lease, She also understands that if and when the grant is awarded, we wil deduct 2 $300 pplication fee from the proveeds. Because our Comimities meeting is this Monday, December 17", | asked Ms. McGoey to fax me the documents. She indicated that she would take care of it by tomorrow morning. Please note that Spooner's only has a 3-yr lease, which is also an exception to the grant guidelines (@ minimum 5-year lease is required). Ms. McGoey wants to use the grant funds for rent rebate and marketing. "Marketing expenses” is not an allowable category under the current grant guidelines, and It shouldn't be included in the request. You told me that you wanted to offer Ms. McGoey @ combination of grant and loan funds to help her. | reviewed the Summary prepared by Loule Belletieri (attached), and also reviewed the Spooner's performance analysis prepared by Mark Belietior, Ms. MoGoey's accountant. Spooner's pays @ monthly rent of $1,800 (annually $21,600), Therefore, they would qualify for the maximum amount of the grant which is $50,000. However, due to the fact that they are an existing operation and so that we do not significantly depiete the funds we have available, | would recommeng limiting the grant amount to half of their eligibility, or $25,009.00. Spooner's would receive $12,500/year or @ rent rebate of §1,047.67/month, This is generous, yet it does not Lake away the responsibilty that Ms. MicGoey has to increase hier sales volume and Teduce her expenses (as recommended by her accountant) - currently, her sales shortfall per month is $1,328.00. Please note that | recommend presenting to the Committee a request for a totel grant of $25,300 so we can deduct the $300.00 application fee and Ms. McGoey can receive $12,500 a year for the next 2 years as a rent rebate done quarterly after she presents proof of payment. Knowing the usual concerns of our Committee members, | hope that this ermount would give them the comfort to vote in favor of the grant | order to address the marketing expenses, | would recommend that Ms. WicGoey applies for an NBR loan to be secured by the equipment she owns or any real estate she may own (real estate reduces the coliaterai risk and. increases the potential for approval). According to Spooner’s P&L, Ms. McGoey spends $750/montn in advertising. Therefore, to cover her annual marketing expenses she needs at least $9,000.00. | would recommend that Ms. MicGoey anplies for a $9,800 NBR loan which will cover her marketing expenses, AEOC closing costs ($500) and the NBR application fee ($300). The repayment risk will be alleviated as Ms. McGoey will be receiving the rent rebate from the City on a quarterly basis | also recommend that Ms. NcGoey receives technical assistance from either Community Action or the Lehigh SBDC. | will make the referral to both organizations. | will also suggest that, if possible, Ms. McGoey receives support from SCORE and is assigned a “mentor” to help her achieve the goals that her accountant has recommended. Both organizations provide free technical assistance, so no additional expenses will be incurred by Ms. MeGoey. Please fet me know ifyou agree with my proposal and | will prepare the Summary for the Review Commitee. Thanks in advance, Erlinda CITY OF ALLENTOWN DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT Borrowers: Project Address: Grant Amt Requested: Total Project Costs: Purpose: Completion Date: Committee Date: Summary Grant Request Linda MeGoey, Spooners, LLC 921 Hamilton Street, Allentown PA $20,000 Over $150,000 invested Rent rebate and marketing August 15, 2006 Borrower: Linda McGoey, Spooners, LLC BACKGROUND GRANT REQUEST Spooners Restaurant has been a significant investment in t he facility including improvements of approximately $100,000 on improvements and $50,000 on equipment. The Company has entered into a sublease with a complimentary business to supplement its cashflow and to drive additional traffic. The Company is within a small number of additional customers a day to become a viable business. The grant would be used for rental rebate as well for marketing of the restaurant Disco rer Colty Allentown November 28, 2007 Dear Grant Review Committee: s I would recommend one of two approaches. Afler receiving all of the finan 1) 50% of rent rebate: $10,300 per year for two years, totaling $20,600 2) 80% of rent rebate: $17,280 for one year, totaling $17,280 Linda MeGoey has invested well over $150,000 into the property prior to opening in August of 2006. Please refer to the enclosed attachments, Sincerely, Louie Belletieri Business Development Specialist Page 1 of 1 Aguiar, Erlinda From: Aguiar, Erlinda Sent: Tuesday, January 16, 2008 8:14 PM To: ‘Lewis Edwards (ledwards@thebridgeworks.com)’ Ce: thorg@allentowned.com ‘Subject: Restaurant incentive Grant io Spooner's Hello Lewis, Linda MeGoey signed the Commitment Letter for the $12,800.00 Restaurant Incentive Grant approved to Spoone's last Friday. | am sending the original file to you via /O mail tomorrow morning to prepare for closing Because the objective of this grant is to provide financial assistance to Ms. McGoey via the rent rebate, itis cortical that the grant reimbursement starts in January 2008 (this is an existing business) so that Ms. MoGoey is 13,90 Cgp67idan7S 5/22 WASRYBT 1288 ior hf Slauctsisey ENS aot 18.99 cn eB 1usr00825 COON, FLOAT 4.49 ee (020677815441 DV SAMBLADE <#> 18-97 susio, ‘SBTOTAL 2.45 sales TH sa Ta Tal sot87 ‘6257 HOME POT ‘noovenduvem267 won gePoT “2487 49040/6024778 ‘AUTH CODE 0274872200880 Th sR run poPERTION FeTUaN PLOY OesNgTEONs DBRS IMS eo paLsey ID) “DAYS. "BoLYeN ENPrRES ov 1 Pa OS UG as sens He Nat 10" gg SHEET | the UNE bor eserves. ne ara 10 Signe ow 7 oe ee Etec Been oes RETARU POLICY Sia IN StoReS Fon + eras AMES eacatnneite a mes 88 24s Ey Se hae oe ae ee Fg pig: MEE EGE HER 58 eet ES Bee os, 8 shbovun aes S, fees Sf eaaeeR 28 Eecg 38 ee ge gq Ged ot ze OBS) be SBE oy seit Ber ge Be 5 8 SEE Be THE HOME DEPOT #4108 1900 MACARTHURED. WHTTEHALL, PA 18052 ATT PARKES ~ STORE MANAGER 610-770-6440 THE HOME DEPOT #4140 1 aan 07/7/08 1581 GEWOoD 5T ALLeNrony, “be ibies S108 Ooo febate | 0230 PM (6i00781-8980 Sta, MGR. ROK UTES 4140 a0002 gooss o7o7/08 SALE 61 TGC7PR 08:54 PM 156 L/2K260088 : 6.98 moe g052 oT aw om ae 7s2oFeonoet@ 3sye0 pRnG 65.99 cotS8e7180 JUTL aY > he eigossii0e Jer CaN eat nea” ks 217.49 94.98 + SALES TAK 2.07 sero, te sy iow, 5.82 Sete rgomaomage Keren “i.e $ eae 3 onwonccenasas7 HOHE oenor "194.98 : AH Cine Oovae Sob & | 7 ' st ) Hill AULT eb Be 008 OF E17 atne ea Og Leena 07/19/2088 F132 TUM PoLTeYgerTIONS TURN poLTOY vEFTUTTTONS POLICY ID DAYS POLICY EXPIRES on POLICY ID DAYS POLICY EXPIRES: ee Nt eases 6 ONS PO sraoDe THe HOME Detor Reseives Te azo 10 Te HOME DEPOT RESERVES THe RIOT To That oe heft a See UE fe MeO ob net see SF In FETURN POLY ue 1A Ses fad Ee AR ec Fa tetas tetas ep 17 ystaLLeoe seco 11 nystavenn DOO IDEDEROT Bub HTT ik HEDEPCT COW STALL i voy EDO eo RSTALL Og 8F gouges z SEa 8s xeges= oy fog Yes 58 ae of! 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HOME DEPOT #a1AG SLENWOK ST NENT, Pa TE SiSoM0" i eg RUCK LUTE 4 HE FE HO: thsi aise are 2 /2eSONSCUN te SHLES Th ori. csi ANSE DE nga EN POLICY DEELATTIONS Ch ID GAYS FOLTOY FoPDeE ye D2 He-pepor Heseives VHE AAMT 16 ewe ReTuan, PLEASE SEE THE Ju POLIOY_Sz0h TW STCES FoR we TETAS. a eto 11 Instauien ww. } Outtet 610-264-3985 Lites Bardein THE HOME DEPOT #4140 ‘gts Glewore SP ALLENTOM, "PA e105 The HOME DUT Hague atin ct ye, tn IE MATT PARKES STORE HA oO "RE GAA etosre-BEBD SIR, HOR, RICK LUTES sae our sien i imo nme oes 08/1708 ont S037 ue on Sam ragga mere Koc MLS 287.20 4.49 750208657063 L¥GKE NO.2 she “37 39696 5/8 098 50 ySe BRE BE Eo gee uszaniee, ‘GUARANTEE RIE SEE STORE Ba pee NoSOoY BEATS cuR peices DETAILS, that was easy, Low prices. Every iten, Every day: 2408 Nec Arthur Road Hvitehal, Pa 16052 (610) 21-8711 SALE 1808828 7 00S 95603 079 07/23/08 08:04 ‘rreneecerneceesrecbientaapaerenennetnesetet $5,000 SHOPPING SPREE AT STAPLES! ENTER TO HI! 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See Official Rules online or in store. ig client Rincon Salvadoreno Start Date: 7/28/08 End Date 9/28/08 Local X — Pett fet Sehecuiing | spot #tgh.| sterDate |" end date [wes | type ay Part Rate F | sar| sun] Total 0 | 7raos | ozaa | 9 | Commerciais| cam-t0am | 50.00 T $0.00 60 | _7/26I08 | 972en8 Commerciais | 10am 3pm | $0.00 $0.00 | 60 | 78m | 9i2a/08 Commercials | pm = 8pm _| 60.00 $0.00 60] 7rame | orzane Commercials | Bam = 12mid | 60.00 $0.00 Remote | item-tpm | $1,475.00 $1,475.00 Discount $1,475.00 -$1,475.00 Includes resins [_7Aai08 Promos Van Prizes | ‘Budget payment $100 week ( See coupon Booklet) Package, $7,500.00, $4,500.00) f t [Fetal Commerciais 146 TOTAL GROSS INVESTMENT $1,500.00 LESS AGENCY TOTAL NET 'sindiafed ine above agreement within (15) days trom recupl of nvelce, Ivo are ‘sent onthe fist day of each i an adiional (1.5%) per month on all balances over 30 days, This agreement len the signing parties. Its understood that this centect isnot subject to "Station und the advertiser or oer tepreseniing agency a8 "Advertser, The >the agreement. The conttulas the fll agrooment between the patios hereto, ang any « v/ITMESS WHEREOF, the patios herele have executed the agreement constitutes as @ contact for vest cancellation unde any ite undersigned acknowedges = verbal or wien understand | dae fe cia qu Non-Dues Lehigh Valley @ a Legh Vey Gtr aCe ZZ tine Chamber of Commerce fguryratee as (30) 530.9177 wo Fhighvalleychunbetorg Mr. Jose Burgos Rincon Salvadoreno 958 Hamilton Street Allentown, PA 18101 Greater Lehigh Valley Chamber of Commerce 7172008 7 Invoice # 121965 Grand Opening - July 7, 2008, $50.00 Contact... Rincon Salvadorena Total Due $50.00 FOR YOUR CONVENIENCE, ALL INVOICES MAY NOW BE PAID BY CREDITCARD RE S| MNEs 5 visa AMEX wenerous | | Dacove Raa Rincon Salvadoreno Invoice Number: 121965 Date of Notice: 7/1/2008 7/1/2008 $ 50.00 alphagraphics’

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