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Roselle to consider $500,000 TIF incentive for Dunkin' Donuts relocation at 403 N. Roselle Road
Summary
Staff presented a draft redevelopment agreement proposing up to $500,000 in TIF incentives to relocate a Dunkin' Donuts drive-through to a derelict site at 403 N. Roselle Road; incentives would be $400,000 at occupancy plus $20,000 a year for five years, contingent on continuous operation and ADA improvements.
Roselle community development staff presented a draft redevelopment agreement with Roselle Duncan LLC to relocate an existing Dunkin' Donuts into an underused site at 403 N. Roselle Road (the former Darrelac gas station). Staff said owner Amin Habib is under contract to buy the property for $400,000 and anticipates…
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