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Function Coffee Company seeks $35,000 Pioneer grant; board postpones public hearing to April 1
Summary
Function Coffee Company presented plans for a Northlake café and roastery and requested a $35,000 Pioneer grant (split $17,500 each from the EDC and CDC); the board postponed the public hearing and consideration to April 1 to get corrected application materials and tax estimates.
Function Coffee Company representatives presented a Pioneer Grant application to the EDC and CDC for a combined $35,000 award to support a roastery and café in Northlake Commons. Staff described the application as intended to encourage sales-tax-generating businesses and said the applicant estimated initial annual taxable sales of about $600,000 and an estimated payback to the development corporations of roughly 7.8…
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