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.