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Consideration of an Unsolicited Proposal from Big Tree BBQ for construction of a restaurant on CRA owned properties on Powerline Road between NW 4th Court and NW 5th Street.
(Fiscal Impact: N/A)
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(Staff Contact: Kimberly Vazquez)
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Summary Explanation/Background:
CRA staff received an unsolicited proposal from Kenneth and Janice Bynum, owners of Big Tree BBQ for the construction of a restaurant on Powerline Road between NW 4th Court and NW 5th Street. The property is owned by the CRA and consists of the following Folio Numbers 484233020220, 484233020230, 484233020550 and 484233040560. The properties were acquired by the CRA in 2006 for a total cost of $199,787.25, and have remained vacant since that time. The proposers have requested the properties be acquired at $0 in an effort to keep the project affordable to construct and allow opportunity for them to become operational.
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
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