La Grange officials edged closer to approving financial help to the La Grange Theatre.

However, it became clear that some Village Board members are not yet sold on the idea of providing g public support to a private business.

In a 3-1/2 hour workshop session Monday, the board, with theater owners John Rot and David Rizner present, picked over a 10-page memo from staff to the board that provided a term sheet, which served as a framework for a proposed redevelopment agreement.

At the foundation of those options, the owners would fund $1.35 million of the total renovation. The village would provide a no-interest loan of $1.35 million that would be repaid  through an entertainment/amusement tax that would essentially increase theater ticket prices by 50 cents. The tax is expected to generate $100,000 annually.

Another 6 page memo was reviewed that contained a financial analysis of potential village funding sources and four options for the board to chose from.

The board is expected to revisit the issue when it meets  Oct. 13.