Gibson City backs tax-increment district extension

Gibson City backs tax-increment district extension

GIBSON CITY — Council members endorsed a resolution to extend the city's second tax incrementing financing district for another 12 years.

Mayor Daniel Dickey said the proposal will be put before other affected taxing bodies before an ordinance making the extension official can be voted on by the council.

If approved, the extension would mean that TIF 2 would expire in 2039 rather than 2027. The extension is part of the city's attempt to entice two developers interested in an assisted-living development within the area.

In other business, the council approved:

— A cost not to exceed $16,790 from TIF 3 funds to Opperman Construction of Pontiac to install concrete retaining walls at the police department's pistol range.

— A Community Development Assistance Program (CDAP) loan of $20,000 for Gibson City Meat & Deli LLC. The firm, which is co-owned by father and son Randy and Steve Arends of Melvin, is selling locally produced custom-cut meats in bulk along with deli sandwiches, baked goods, and specialty coffees in the former Alexander Lumber location.

— An 8 p.m. closure of bathroom facilities at the North and South Parks due to continued vandalism. Parks themselves will remain open until 11 p.m.

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