Daytona Beach Shores, FL - An ordinance enacted by the Daytona Beach Shores City Council in June is already bringing in new business to town. The Economic Development Ordinance contains several ways to get new businesses to open up and keep existing businesses right where they are.
Councilmember Rick Frizalone, who is chair of the Economic Development Council, said Council voted unanimously to begin negotiations with developers, Oceans 25, LLC, for a 25-unit townhome community to be located at 2900 S. Atlantic Avenue. The property is city-owned. Finding developers for city-owned properties is just one part of the economic development ordinance.
Another section of that ordinance pertains to bringing new business to town. Frizalone said that Brendan Galbreath, owner of Aunt Catfish, will be bringing a new theme restaurant to 109 Dunlawton Avenue. He said the theme is still in the planning stages. Galbreath bought the property for $350,000. The ordinance allows for half of a 10% rebate be paid at the start of the restaurant’s construction and the other half when the restaurant opens.
A three-unit strip mall on Beachcomber was purchased and will make use of the economic incentives. The tenants there have already used the facade grant for beautification of signage and to improve the building.
Frizalone said another business, Halifax Health Services, is also coming to Daytona Beach Shores. He says they'll provide urgent care services, imaging and they'll have a doctor on-site.
On a different note, Frizalone said the Council voted to keep the millage rate the same as it was last year, at 5.23. Also approved was the purchase of a half-million-dollar fire truck, without raising taxes. The appropriations and revenue estimate for the Budget for the Fiscal Year 2019-2020 is $21,700,800.
