File #: 230298    Version: Name:
Type: Resolution Status: Passed
File created: 9/5/2023 In control: Village Board of Trustees
On agenda: Final action: 9/21/2023
Title: Grove Tavern Restaurant (2-8 W. St. Charles Road) Recommendation from the Economic and community Development Committee to approve the following grants: 1. A Downtown Renovation and Improvement Grant of up to $50,000 for the proposed façade modifications and related eligible components; and 2. A Restaurant Forgivable Loan of up to $100,000 and a Downtown Retail Business Grant of up to $20,000 for the proposed tenant modification and build out of the existing vacant building at 6 W. St. Charles Road and ancillary and related tenant modifications in the 2 West St. Charles restaurant space. (DISTRICT #1)
Attachments: 1. 230298_ 2-8 W. St Charles Road - Grove Tavern - Three Grant Request., 2. BOARD MEETING 09-21-23 230298 2-8 W St Charles Road Grove Tavern Grant Request, 3. R 49-23.pdf, 4. 10 W St Charles LLC Grove Tavern Restaurant .pdf, 5. Cover Page - 230298.pdf

Title

Grove Tavern Restaurant (2-8 W. St. Charles Road)

Recommendation from the Economic and community Development Committee to approve the following grants:

1.                     A Downtown Renovation and Improvement Grant of up to $50,000 for the proposed façade modifications and related eligible components; and

2.                     A Restaurant Forgivable Loan of up to $100,000 and a Downtown Retail Business Grant of up to $20,000 for the proposed tenant modification and build out of the existing vacant building at 6 W. St. Charles Road and ancillary and related tenant modifications in the 2 West St. Charles restaurant space.  (DISTRICT #1)

Body

[Enter body here.]