The amendment will allow for residential development in the area
By TESA GLASS firstname.lastname@example.org
MT. VERNON — —
The city will be amending its tax increment finance redevelopment plan for the Industrial Park Conservation TIF to allow for residential development in the area.
"The redevelopment plan did not anticipate housing development being a possibility in the IPC TIF district," said City Manager Ron Neibert. "The high school making the area near it as its new site has changed the area a little bit. What was once attractive for heavy industrial development is now attractive for a lighter development that includes some housing."
At this time, there is one developer which has expressed interest in doing some housing in the TIF area, RJ3A, which had a TIF inducement resolution approved by the council in September 2012. Plans from the company include an apartment complex, possibly a hotel and a retail development, located north of the new Mt. Vernon Township High School site on Wells Bypass.
Neibert told members of the City Council on Monday the developer has agreed to pay the $14,000 estimated cost for the redevelopment plan revision up front. The council approved moving forward with the revision.
In other business, the council:
Approved a bid of $37,000 for materials to build two park shelters, one at Veterans Park and the other at Dawson Park. Recent bids for the construction of Veterans Park shelter came in higher than budget, so city employees will now do the labor on both the shelters and purchase the materials from the low bidder of Americana Building Products of Salem;
Held a first reading on an ordinance to revise the liquor ordinance to eliminate the combined wine maker/brew pub retail license and create a wine makers retail license. The license would allow alcoholic liquor to be sold at a winery;
Held a first reading on an ordinance to transfer surplus property to the north of Byrd Watson and a property adjacent to the United Methodist Church parking lot on North 12th Street. The property would be deeded to Byrd Watson, which has expressed an interest in demolishing the existing structures on the properties and converting the areas into additional parking;
Reclassified certain public utilities and sanitation accounts; and
Approved a resolution requesting approval from the Illinois Department of Transportation for closing Illinois Route 15 from Marlow Road to Old Fairfield Road on July 4 for the Salute to Freedom fireworks display.