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Council considers Chapter 380 agreement and budget amendment to support proposed rooftop Tex‑Mex restaurant
Summary
A developer proposed a 7,000‑sq‑ft Tex‑Mex concept with a rooftop bar and asked the city/RDA for $330,000 in assistance; council moved to authorize the Nassau Bay Redevelopment Authority to negotiate a Chapter 380 performance agreement and introduced a budget amendment to free funds, but the transcript does not record a final vote.
An applicant identified as James, presenting himself as an owner/operator associated with 'Stella's,' proposed converting a 7,000‑square‑foot shell at 1740 Nassau Road 1 into a Tex‑Mex restaurant with a rooftop bar and asked council for $330,000 in support. He said the funds would help secure an SBA loan and cover predevelopment and soft opening costs. The applicant projected 65–80 jobs and estimated annual city tax revenues from the project between $96,000 and $160,000.
City staff (Jaime) explained the proposed…
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