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The Times
  • Herkimer OKs loan for Burrito Jonz

  • The Herkimer village board voted Monday to approve a $15,000 loan to Burrito Jonz to open a restaurant in Herkimer.

    The vote was 4-0.

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  • The Herkimer village board voted Monday to approve a $15,000 loan to Burrito Jonz to open a restaurant in Herkimer.
    The vote was 4-0.
    Mayor Mark Ainsworth was absent and Trustee Katherine Nichols conducted the meeting.
    The money from the village’s revolving loan fund will go to purchase equipment for the new restaurant, to be located in the former Sprint store at 147 N. Main St.
    The five-year loan agreement calls for a three percent interest rate.
    Village Attorney Nick Macri recommended setting April 1 as the due date for the first payment.
    “We’re very excited about getting this up and running and finally being able to come to Herkimer,” said John Winter, who co-owns Burrito Jonz in Utica with his wife, Amy, when contacted by telephone Tuesday.
    He did not know exactly when the new restaurant would open, as the building’s owner, Alex Dorantes, has work to complete to prepare the building and the Winters will have to obtain the necessary equipment. John Winter said he had not wanted to commit any of his funds until he knew how the money could be used.
    The village’s loan is to be used only for equipment so in case of a default on the loan the village could repossess and sell the items. The village board has stressed members are being cautious because a business defaulted on a previous loan from the revolving fund.
    Winter said he would submit invoices and payment for the equipment would come directly from the village. He will also be required to file paperwork on each piece of equipment that would allow the village to repossess it in case of a default.
    Dorantes told the board at Monday’s meeting he has about two weeks worth of work on the building, including putting in the floor.
    “He (Winter) is in a holding pattern and that puts me in a holding pattern,” said Dorantes.
    The Winters have been working for about a year to open a Burrito Jonz in Herkimer.
    In May 2012, the Herkimer County IDA approved a $15,000 grant for Burrito Jonz.
    Winter has said he plans to hire three full-time employees and six to 10 part-time employees.
    He has a five-year lease agreement with Dorantes.
    Burrito Jonz, at 470 French Road, Utica, is described as a fast-casual, Cali Mex styled restaurant.

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