New daycare facility in Brasher set to receive $50,000 IDA loan
BY JEFF CHUDZINSKI
North Country This Week
BRASHER — A new daycare facility in Brasher is set to receive a $50,000 loan through the St. Lawrence County Industrial Development Agency.
McLincoln Enterprises LLC, doing business as Tri-Town Kids Day Care Center, located at 37 Munson Road, will receive funds for renovation and construction needed to establish the business, IDA documents state.As for the funding, $20,000 is slated to come from the LDC Microenterprise Revolving Loan Fund, with $30,000 set to come from the town of Brasher Microenterprise Revolving Loan Fund.
The $30,000 from the town is administered by the IDA on behalf of the town.
As part of the agreement, Tri-Town Kids Day Care has agreed to create eight full-time equivalent positions.
The borrowers also agree to meet with the New York State Small Business Development Center, as the Microenterprise Revolving Loan Fund deems necessary, to discuss current business operations.
Officials say the borrowers will also make available to the IDA Local Development Corporation all documents necessary to secure liens on collateral, including but not limited to serial numbers on machinery and equipment, allowing photographs of said equipment and periodic inspections and inventory of collateral.
The borrowers must also provide evidence of public liability insurance coverage in an amount that has yet to be determined, officials say.
According to the company’s Facebook page hiring is underway, with a post from Sept. 4 stating that multiple positions were open including lead teachers and assistant teachers. Positions listed were full-time, part-time and per diem with sign on bonus available for qualified lead teachers and assistant teachers.
According to the company’s Facebook page, renovations have been ongoing since September with crews working to open up the floor plan of the 4,800 square foot building.
“The building we purchased has worn a few different hats over the years; starting as a bar/restaurant, turned nightclub, auction house, and most recently housing indoor storage units,” the post states.
Once renovations are complete the facility will include individual rooms for infants, toddlers, pre-school and school age children, as well as a Gross Motor area for children to engage in activities, as well as a working kitchen and cafe.
Floor plans, policies and program needs were also being finalized last month, according to the company’s Facebook page. Parent handbooks for prospective families are also available on the company’s page.
A soft opening was scheduled for Nov. 28 to welcome a few families, with more scheduled to begin in the coming weeks, one post says.