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Coffee bean marketer receives $25,000 loan to open Calipatria office

February 13, 2002|By MARIO RENTERIA, Staff Writer

CALIPATRIA — The City Council here approved a resolution that would loan $250,000 to The Road Enterprises to open an office in the city.

The council unanimously approved the resolution during its meeting Tuesday night.

Councilman Robert Nakadaira was absent from the meeting.

The Road Enterprises is an importer and marketer of Mexican coffee beans. It sells the beans to institutional-type businesses like hotels.

City Manager Rumualdo Medina told the council the company is looking to expand its business by opening an office in the city.

After the office is opened the company will seek to build a warehouse in a year or two.

The council approved the resolution on three conditions:

· The Road Enterprises shall obtain a business license and all other necessary licenses and permits from governing agencies.

· The company shall maintain an office in the city for the entire life of the loan.

· The company shall create a minimum of 10 jobs within a period of two years. A minimum of six jobs shall be for people belonging to the targeted income group (low-income households) and the company shall make an extra effort to recruit residents of the city of Calipatria.

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The loan will be repaid over 15 years at a rate of 7 percent per year. The money will come from the Community Development Block Grant.

In other city business, the council approved the appointment of Jesse Soriano of Brawley as city planner and public works director.

The city's public works director position was left vacant after Trey Faubion resigned in August.

Soriano has worked for the city of Brawley as a planner for four years after working 12 years in the Imperial County Building and Planning Department as a planner.

"Taking the two titles is a new challenge for me," said Soriano.

"After meeting the city manager, he seemed like a nice person to work with," Soriano added.

>> Staff Writer Mario Rentería can be reached at 337-3441.

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