Village approves incentive for Jimmy’s Handmade Bagels at 716 E. 30th; one trustee recuses

LaGrange Park trustees approved an economic incentive agreement on July 22 to support redevelopment of 716 East 30 First Street into Jimmy’s Handmade Bagels LLC. The agreement provides for reimbursement of eligible project costs from 30 First Street Barnsdale Business District tax receipts up to a maximum of $12,400, and the developer reported total planned investment exceeding $832,000 for the project. Under the terms presented in the packet, eligible project costs include interior improvements and equipment such as a commercial kitchen, exhaust hood, grease traps, refrigeration, and ovens; the village’s reimbursement is limited to business-district taxes generated by the property and terminates either on December 31, 2040, or when the maximum payment is made. Trustee Zora recused from this vote and asked that Trustee Caputo read the item because she disclosed a personal relationship with the owner; trustees recorded a 5-yes vote with one recusal. Trustees voiced general support for retaining and expanding commercial activity in the 30 First Street corridor and said they expect the project to help reduce vacancies and bring services for residents. The agreement is subject to the standard redevelopment and permitting processes and will proceed under the terms specified in the ordinance and incentive agreement.