Common Council Considers
Letting Bombers' Mortgage Go
ONEONTA – With Bombers Burrito Bar bankrupt, Common Council tonight will discuss releasing its $50,000 mortgage on 221 Main St. to the state Business Development Corp. to facilitate, hopefully, the building's resale and reuse.
Owner John Hewitt "owes the lender (NYSBDC) as much as $1 million," said Mayor Gary Herzig. "The lender, of course, is trying to recoup as much of that as possible."
The city loaned Hewitt $50,000 from the Community Development Fund to help the restaurant open in June 2019, but it closed in December.