Board of Directors Meeting

149 Street Food Corp
(d) Provide at least five hundred square feet of retail space for fresh produce.
Applicant Summary
The Company is a startup and is wholly owned by Frank Pimentel. The Company will be engaged in retail food
sales in Bronx, NY and will serve the local community by providing a source of groceries, including fresh produce,
as well as employment.
Frank Pimentel, President
Mr. Pimentel has over 20 years of experience in the supermarket industry. Mr. Pimentel started as a teenager
packing groceries and stocking shelves at his father's supermarket in the Rockaways, eventually becoming store
manager. Later, he managed a number of grocery stores, and opened his own store in 2000. He currently owns
and operates a Fine Fare supermarket on Morris Avenue in the Bronx.
Emplovee Benefits
Employees will be offered health insurance with employer contribution 1 one week paid vacation after one year of
employment and three weeks after five years of employment, as well as a holiday bonus. Employees also receive
on-the-job training.
Recapture
Pursuant to UTEP, all benefits subject to recapture for a 10-year period.
SEQRA Determination
Type II Action which, if implemented, will not potentially result in significant environmental impacts.
The completed Environmental Assessment Form for this project has been reviewed and signed by Agency staff.
Due Diligence
The Agency conducted a background investigation of the Company and its principals and found no derogatory
information.
Compliance Check:
Not applicable.
Bank Account:
Chase Bank NA.
Bank Check:
Pending.
Supplier Checks:
Customer Checks:
Satisfactory.
Not Applicable.
Unions:
Not Applicable.
Vendex Check:
Pending.
Attorney:
Accountant:
Neal Rosenbloom
Goldberg, Weprin, Finkel, Goldstein LLP
1501 Broadway, 22"' Floor, New York NY 10036
Mitchell Mund
Mund Business Services
100-15 Queens Blvd, Forest Hills, NY 11275
Community Board: Bronx CB 1
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