< Back to All News

Sergio’s Restaurant Gets Loan From City

The Grass Valley City Council has approved a loan to Sergio’s Restaurant, which will allow them to move to a bigger location on Mill Street. Councilwoman Lisa Swarthout drew the short straw, and voted with Jan Arbuckle and Jason Fouyer to unanimously approve the 210-thousand dollar revolving loan. The city gets the money for the revolving loan through a state block grant, and when the money is repaid, the cash becomes available for other loans. Sergio’s owner Sergio Martignago (mar-tin-YAH-go) says it’s a good program…

Listen to Sergio Martignago 1

Creating seven full time positions is a condition of the loan. Sergio’s is moving from 154 Main Street to 109 Main Street. Martignago says diners will like the new location…

Listen to Sergio Martignago 2

Three council members, including Swarthout, had to recuse themselves from the vote because they own or operate property within 500 feet of the business, but three votes were needed for a quorum, so straws were drawn to determine the third voter. Martignago says he hopes to open the new restaurant in August.

KNCO Web Comments Guidelines

  1. Keep it clean. Comments with inappropriate language, no matter how cleverly spelled or decorated will not be posted.
  2. Comments on the way the story was written or misspelled words will be passed on to the story authors and not posted.
  3. Please use your real name. Anonymous comments or comments posted using a fake name or web handle may not be posted.
  4. Please use your real email address so we can contact you.
  5. No flaming. Any comments that are primarily of a name calling finger pointing nature may not be posted.
  6. The comment section is not a right it is a privilege. KNCO retains all rights as to what is posted on its website.

Leave A Comment



* captcha