A renewed property tax incentive for a Hermosa candy wholesale business will help double the size of its full-time workforce under a financial proposal approved by City Council today.

The Cook County Class C renewal will reduce property taxes on the approximately 14,000-squarefoot site at 4535 W. Armitage Ave. by $113,000 over the next 12 years. The tax savings will enable Stock ‘n Save to complete a $290,000 building improvement project, add up to five new full-time employees and retain four full-time and three part-time positions.

In 2009, a $55,000 environmental contamination project was completed on the site. The building and wholesale business are owned by DLM Real Estate LLC.