HomeMy WebLinkAboutRP 84-17; Lola's Deli & Market; Redevelopment Permits (RP)HOUSING AND REDEVELOPMENT BSm^T^ REDEVELOPMENT OFFICE
2965 Roosevelt Street
Suite B
Carisbad, CA 92008
(619) 438-5593
Citp of Carl£(bab
September 8, 1986
Ofelia E. Escobedo
Lola's Seven-Up Market
3292 Roosevelt Street
Carlsbad, CA. 92008
Dear Ofelia:
I was in touch with your sister, Connie Trejo, on August 5, 1986
An agreement was reached during this conversation regarding the
brick facade work on Lola's Seven-Up Market. We would like
lo have the last phase of this work completed by the end of
September. Connie discussed the issue with her husband, Mr.
Trejo, and found this to be agreeable.
Please call this office at 438-5593 if you have any questions.
Thank you for your assistance in this matter.
Sincerely,
LYNN FITZC^RALD
Administrative Assistant
Redevelopment
LF:al
HOUSING AND REDEVELOPMENT
March 12, 1986
Virginia Taylor
Bank of America
2550 El Camino Real
Carlsbad, CA. 92008
Citp of Carlsbail
REDEVELOPMENT OFFICE
2965 Roosevelt Street
Suite B
Carlsbad, CA 92008
(619) 438-5593
RE: COMMERCIAL L0AN/7-UP MARKET
Please waive the life insurance on the commercial rehabilitation
loan made to the applicants doing business as 7-Up Market.
If you have questions, call me at 438-5593.
Sincerely,
PATRICIA A. CRATTY
Administrative Assistant II
Redevelopment
PAC:al
12 February I986
CITY OF CARLSBAD
Housing and Redevelopment/
Design Review Board
2965 Roosevelt St. Suite B
Carlsbad, California
ATTN: Chris Salomone
Design Review Board
Gentlemen:
Regarding our remodeling project at "Lola»s Seven-up
Market and Deli", 3292 Roosevelt St. The work has
taken longer than we had anticipated, however, the
work has been of quality value. We have strived to
get the best possible contractors to do the specific
jobs. Now we are in the final stages and 9^fo of the
work is completec The outside brick veneer is still
pending, our brick mason is booked solid at present,
but assures us that he will be able to do the job as
soon as his schedule permits.
If you could please give your approval, so we open
the doors to business, we can assure you that the brick
veneer will be up as soon as possible.
Sincerely
Oferla E. Escobedo
L0LA»S SEVEN-UP MARICET :Sc DELI
3292 Roosevelt Street
Carlsbad, California 92ro8
6l9-Ii.3U-2191
HOUSING AND REDEVELOPMENT
August 12, 1985
Emily Schroder
Bank of America
2550 El Camino Real
Carlsbad, CA. 92008
Citp of Carlsbab
REDEVELOPMENT OFFICE
2965 Roosevelt Street
Suite B
Carlsbad, CA 92008
(619) 438-5593
RE CHIP LOAN - 7-UP MARKET
At their meeting on August 12, 1985, the Loan Committee approved
a loan in the amount of $57,450 to Mrs. Lola Jauraqui, Ofelia
Escobedo and Frances Moreno, DBA 7-Up Market, 3292 Roosevelt St.
The Committee requests the Bank obtain a preliminary title report
and a first trust deed be placed on the property as collateral for
the loan.
The loan will be 10 years at 10%, 100% collateralized.
Please continue processing the loan.
If you need additional information, please me at 438-5593.
Sincerely,
PATRIGTA'A. CRATTY
Administrative Assistant
Redevelopment
PAC:al
ITEM 3
July 26, 1985
TO: REHABILITATION LOAN COMMITTEE
FROM: Redevelopment Office
COMMERCIAL REHABILITATION LOAN - 7 UP MARKET
3292 ROOSEVELT STREET
This loan request is for $4^7-4^0 ($52,450 with a $5,000 contingency)
to renovate the existing 2,450 square foot one story structure
on the northeast corner of Roosevelt and Walnut. The building
served as a market-deli for many years. The market or westerly
portion has been vacant since August 1984. A new market-deli
will occupy this area following renovation. The easterly portion
houses a Greek Bakery which will remain.
Design Review Board approved a Redevelopment Permit for the market-deli
on November 14, 1984.
The applicants for the loan are Mrs. Lola Jauraqui, the property
owner, and her two daughters Ofelia Escobedo and Frances Moreno.
Another daughter, Connie Trejo is a partner in the business but
is not on the loan application. Mrs. Jauragui is leasing the
property to the partnership and has agreed to use the property
as collateral for the loan. There are no liens on the property.
The applicants are acting as their own general contractor but
will also hire a licensed general contractor to supervise the
work.
The applicants state they are putting $10,250 worth of equipment
into the business.
Bank of America has denied the loan because of lack of working
capital into the business and not enough income to service the
debt.
PATRK^ A. CRATTY
PAC:al