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Glendora pauses restaurant incentive program for more analysis after council questions
Summary
Councilmembers asked staff for more detail on proposed forgivable loans (up to $150,000 each) to attract restaurants; the council continued the item to March to refine terms, underwriting, success metrics and landlord/stakeholder engagement.
The City Council continued consideration of a proposed Restaurant Incentive Program after prolonged debate about whether forgivable loans would best support new versus existing businesses and how the city should measure success.
Economic Development and Housing Manager Tiffany Chu presented the staff proposal: the program would offer up to three forgivable loans of up to $150,000 each (0% interest) to attract full‑service sit‑down restaurants prioritizing Village…
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