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Dickinson board directs counsel to negotiate $130,000 forgivable loan for Stella’s Fresh Brunch
Summary
The Dickinson Management District voted to direct legal counsel to negotiate terms for a proposed $130,000 forgivable loan to renovate space at Dickinson Plaza for Stella’s Fresh Brunch. The board asked for detailed milestones, security and reporting before final approval.
The Dickinson Management District on Monday directed the district’s legal counsel to negotiate an incentive agreement for Stella’s Fresh Brunch, a restaurant proposing to open at Dickinson Plaza. The board’s action was limited to authorizing negotiations; final approval will require a detailed agreement returned to the board.
Vijay Mishra, representing Dickinson Plaza LLC, asked the board for a $130,000 forgivable loan to renovate the former Little Mexico space and support Stella’s opening. “Stella’s Fresh Brunch is well regarded for its warm hospitality, fresh ingredients, and innovative brunch menu,” Mishra said during his presentation, adding the owners would guarantee the loan alongside Dickinson Plaza LLC.
Sherry Rabenal, one of Stella’s owners,…
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