TIF Incentive Deal Approved for Andy’s Custard

Morton Grove approved Resolution 26-45, entering into an economic incentive and TIF development agreement with Andy’s Frozen Custard Stores LLC for redevelopment of 6724 Dempster. The Village will provide approximately $780,000 in net TIF assistance, secured by a mortgage and performance conditions, to support construction of a new drive-through restaurant and related site improvements.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $780,000 in net TIF assistance; $880,000 note at closing with up to $500,000 refund; $400,000 reimbursement for site improvements

Contract type

OTHER

Contract term

10-year operational requirement for Andy’s or similar operator

Renewal

Agreement includes a 10-year operating requirement for Andy’s or a similar operator; forgiveness of the Village’s note is contingent on project completion and occupancy, but no auto-renewal terms are specified.

Document type

AgendaPacket

Source document

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

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

APPROVED

Morton Grove village (pt.), IllinoisApproximately $780,000 in anticipated net assistanceJul 28, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Andy's Frozen Custard Stores Llc was awarded this government contract by Morton Grove village (pt.), as recorded on August 11, 2026. The contract value is Approximately $780,000 in net TIF assistance; $880,000 note at closing with up to $500,000 refund; $400,000 reimbursement for site improvements.

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 net TIF assistance; $880,000 note at closing with up to $500,000 refund; $400,000 reimbursement for site improvements.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Morton Grove AgendaPacket Regular Meeting 2026-08-11 (AgendaPacket), dated August 11, 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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