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Council approves $150,000 incentive to bring Paris Baguette to Buoie Town Center
Summary
The council unanimously adopted Resolution R-56-26 to provide Buoie Legacy Holdings LLC a $150,000 incentive, paid in three $50,000 increments (signed lease; approval of landscape/repair/facade plans; store opening), to secure Paris Baguette at Buoie Town Center as part of a town-center revitalization effort.
The Buoie City Council unanimously adopted Resolution R-56-26 on June 1 to provide a $150,000 economic-development incentive to Buoie Legacy Holdings LLC to help secure a Paris Baguette franchise at Buoie Town Center. The funding is structured in three equal payments:
- $50,000 upon city receipt of a signed lease with Paris Baguette; - $50,000 after the city approves a plan for landscape cleanup/replacement, pothole and sidewalk repairs, and façade improvements; and - $50,000 upon the Paris Baguette store opening.
City staff presented the incentive as a tool to jumpstart town-center revitalization and to encourage the owner to invest in maintenance and physical improvements. Economic development staff described Paris Baguette as a desirable retail/food tenant that could draw visits and complement planned improvements to the center.
The resolution passed with a unanimous vote.
Why it matters: The incentive is intended to attract a new national bakery/cafe tenant, trigger property improvements and signal momentum for broader Buoie Town Center redevelopment. The agreement ties payments to specific deliverables (signed lease, plan approvals and opening) to ensure accountability.
