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City weighs Lazy Loon’s request for tax abatement

With the higher-than-expected costs of an expanded kitchen and restrooms impacting plans to transform a formerly vacant building into a brewery and restaurant, the Glencoe City Council is considering a request for property tax abatement.
The council directed City Attorney Mark Ostlund Monday, July 15, to draft a property tax abatement agreement that would provide the Lazy Loon $13,697 in tax abatement over five years. The proposed agreement will be considered at the council’s Aug. 5 meeting. It will include a provision stating the business at 610 13th St. E. will not receive the abatement if the business is sold or closes.

(For the complete story, see the July 17 print edition of The Chronicle.)