Herkimer village trustees are requesting some documents from the owners of Burrito Jonz before approving a loan agreement.
Burrito Jonz, described as a fast-casual, Cali Mex styled restaurant at 470 French Rd., Utica, has been successful in that location and the owners, John and Amy Winter, are hoping to establish another Burrito Jonz in the former Sprint store, at 147 N. Main St., Herkimer.
The owners have secured $15,000 in funding from the Herkimer County Industrial Development Agency and are seeking a loan from the village’s revolving loan fund.
Village Attorney Nick Macri said he has the final draft of the agreement, but asked if the board plans to request items listed as requirements for securing a loan including tax returns.
The trustees said these items should be submitted prior to approval of the loan. Macri said he would send the owners a letter asking them to submit these documents as soon as possible.
“They should be made aware as soon as possible that these obligations are theirs,” said Macri.
The Winters have requested $25,000 from the loan fund, but board members said at their previous meeting the village may only be able to approve a $15,000 loan in order to avoid depleting the fund.
Trustees also said they are being cautious because one business that borrowed from the fund previously defaulted on the loan.
Winter plans to hire three full-time employees and six to 10 part-time employees.
He has a five-year lease agreement for the building, which is owned by Alex Dorantes.
In other business, the board:
• Heard that Macri had written a letter to Time Warner Cable requesting the length of the new agreement be for 10 years as it was in the past rather than for 15 years as proposed. Macri said he had not received a reply.
• Asked to set a date to meet with the owner of the Waterfront Grille to discuss the Herkimer Port agreement. Phase II of the port project included the construction and expansion of storage space, food service space and additional restrooms for the use of outside patrons and construction of an outside amphitheater with seating and a pavilion. There were also lighting and safety improvements and the project included the restoration of the barge terminal building.
• Turned down a request for a donation to the Herkimer County Historical Society. Trustee William Markey cited a lack of funds.
Herkimer village trustees are requesting some documents from the owners of Burrito Jonz before approving a loan agreement.
Burrito Jonz, described as a fast-casual, Cali Mex styled restaurant at 470 French Rd., Utica, has been successful in that location and the owners, John and Amy Winter, are hoping to establish another Burrito Jonz in the former Sprint store, at 147 N. Main St., Herkimer.
The owners have secured $15,000 in funding from the Herkimer County Industrial Development Agency and are seeking a loan from the village’s revolving loan fund.
Village Attorney Nick Macri said he has the final draft of the agreement, but asked if the board plans to request items listed as requirements for securing a loan including tax returns.
The trustees said these items should be submitted prior to approval of the loan. Macri said he would send the owners a letter asking them to submit these documents as soon as possible.
“They should be made aware as soon as possible that these obligations are theirs,” said Macri.
The Winters have requested $25,000 from the loan fund, but board members said at their previous meeting the village may only be able to approve a $15,000 loan in order to avoid depleting the fund.
Trustees also said they are being cautious because one business that borrowed from the fund previously defaulted on the loan.
Winter plans to hire three full-time employees and six to 10 part-time employees.
He has a five-year lease agreement for the building, which is owned by Alex Dorantes.
In other business, the board:
• Heard that Macri had written a letter to Time Warner Cable requesting the length of the new agreement be for 10 years as it was in the past rather than for 15 years as proposed. Macri said he had not received a reply.
• Asked to set a date to meet with the owner of the Waterfront Grille to discuss the Herkimer Port agreement. Phase II of the port project included the construction and expansion of storage space, food service space and additional restrooms for the use of outside patrons and construction of an outside amphitheater with seating and a pavilion. There were also lighting and safety improvements and the project included the restoration of the barge terminal building.
• Turned down a request for a donation to the Herkimer County Historical Society. Trustee William Markey cited a lack of funds.