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HomeMy WebLinkAboutMJCIP Apps (48)RRRCITY OF PALM SPRINGS MEASURE J COMMUNITY INITIATED PROJECTS APPLICATION FORM Name of Applicant: Lisa Hoff Date Submitted: 9/30/2024 Applicant Type: Non-Profit Organization Name of Organization: One PS If yes, provide IRS ID# Tell us about your project: 1.Project Name: Feasibility Study of a Food Co-op in response to a request made by communities residing in a food desert section 2.Project Address: Northwestern Part of Palm Springs (north of Vista Chino and west of Indian Canyon) 3.Project Type: Grant 4.This project improves: Business Community, Health Services, Sustainability/ Conservation, Other: Quality of Life 5. What demographic(s) does this project serve? Children/Students, Entire Palm Springs Community, Individuals with Disabilities, Other: Underserved population 6. Estimated project cost: $50,000.00 7. Short description of proposed project. Co-ops keep more money in their local economy, increase access for locally produced food and prioritize business practices that are good for the community. To determine the viability of a food co-op it is consultants will look at 4 aspects: 1. Community Involvement: Seeks to gauge interest, gather data on local needs, raise awareness and assess demand/available resources. 2. The Market: Examine market area, size, demographics, competition and identify optimal locations based on established criteria. 3. Site Search and Feasibility: Preliminary work supports big picture store feasibility, with site criteria helping to narrow and focus the search which provide a strong foundation for site selection and overall project feasibility. 4. Financial Pro-Forma: Analyze key metrics that indicate the likelihood of a sustainable project such as the development funds, assumptions for key operating expenses and financials for ten years of operations which include income, balance sheet, cash flow. Applicant’s information: Name of Contact Person: Lisa Hoff Contact Person’s Phone Number:(347) 528-7433 Contact Person’s Email Address: LHoff555@yahoo.com