BUSINESS ASSISTANCE PLAN
CHAPTER 2.3:
CRAIGER’Z ENTERTAINMENT LLC
FRONK’S RESTAURANT
1 Ch. 2.3 - Downtown Restaurant Assistance Program for Regulatory Requirements Adopted on April 8, 2024
Assist existing businesses from prematurely closing
Maximum amount of $20K annually not to exceed a total of $100K Program will terminate if any of the following:
Grantee closes the business for more than 2-weeks; or
Grantee doesn’t stay current with ongoing sales tax payments or previously arranged payment schedules with the California Department of Tax & Fee Administration (CDTFA); or Sales Tax Debt is satisfied by other means
2 Applicant
Craig Frisinger, owner of Craiger’z Entertainment LLC/ Fronk’s Restaurant Located in the downtown since 2014 – Currently 28 employees Purchased business in 2019 and assumed previous owner’s debts including sales tax and IRS debt.
Original amount of $689,170
Paid to date: $214,064 ($475,106 remains)
In discussion with CDTFA for a “Offer & Compromise Agreement” COVID-19 Pandemic – 2020-2021 & Post-pandemic inflation impacts Current debt obligation of $104,275 for 2 missed quarterly payments Application qualifies and meets the requirements
3 Recommendation
Open the public hearing, take testimonial and documentary evidence; and after considering the evidence, consider adopting Resolution No. 24-48 authorizing the City Manager to enter into a grant agreement with Craiger’z Entertainment LLC, in a form approved by the City Attorney; or
Alternatively, discuss and take other action related to this item.
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