Morton Grove village (pt.) Awards Financial Services Contract to Andy's Frozen Custard Stores Llc (July 2026)

The Morton Grove Board approved Resolution 26-45, entering into an economic incentive and TIF financing development agreement with Andy's Frozen Custard Stores, LLC that will provide approximately $780,000 in net assistance tied to redevelopment of 6724 Dempster. The agreement includes a 10-year operating requirement and is expected to generate significant new property and sales tax revenue for the Village.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $780,000 in anticipated net assistance

Contract type

FINANCIAL_SERVICES

Contract term

10-year operating requirement for Andy's or similar operator

Renewal

Agreement includes a 10-year requirement for Andy's or a similar operator to maintain operations at the site; additional renewal or extension options are not specified in the minutes.

Document type

Minutes

Source document

Village of Morton Grove Minutes Regular Meeting of the President and Board of Trustees 2026-07-28

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Village of Morton Grove AgendaPacket Regular Meeting 2026-08-11

APPROVED

Morton Grove village (pt.), IllinoisApproximately $780,000 in net TIF assistance; $880,000 note at closing with up to $500,000 refund; $400,000 reimbursement for site improvementsAug 11, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Morton Grove village (pt.)?

Andy's Frozen Custard Stores Llc was awarded this financial services contract by Morton Grove village (pt.), as recorded on July 28, 2026. The contract value is Approximately $780,000 in anticipated net assistance.

How much is the Andy's Frozen Custard Stores Llc contract with Morton Grove village (pt.) worth?

The Andy's Frozen Custard Stores Llc contract with Morton Grove village (pt.) is valued at Approximately $780,000 in anticipated net assistance, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Village of Morton Grove Minutes Regular Meeting of the President and Board of Trustees 2026-07-28 (Minutes), dated July 28, 2026 from Morton Grove village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Andy's Frozen Custard Stores Llc hold?

Andy's Frozen Custard Stores Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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