Sunday, April 3, 2016
Cattaraugus County may award loan to new Olean restarauant and bar
Cattaraugus County lawmakers are considering loaning $75,000 to Grand Slam Grill in Olean. The interest bearing loan would have to be paid back in five years. Grand Slam Grill proposes a development and construction project for the creation of a 3,000 square foot, 60 seat restaurant and bar on West State Street. Three full-time and 30 part-time jobs would be created. The funding would come from the county’s economic development revolving loan fund program, using casino funds. Two legislative committees will discuss the plan on Wednesday.
at 10:55:00 AM