Road cleared for assisted-living facility in Gibson City
GIBSON CITY — Council members have paved the last of a long and winding road for an assisted-living facility development by unanimously approving four ordinances.
The council first approved a formal plat of Railside 3 subdivision, allowing the easternmost lot to be sold by the current owners, Railside Farms LLC and OB LLC to Phillips Warner Realty. The latter is planning to build a 50-unit assisted-living facility on the site.
Next, the council approved a development agreement between those same three entities and the city. The agreement specifies what each must achieve and receive for infrastructure improvements within tax-increment financing 2.
The third agreement amends a redevelopment agreement between Railside Farms and the city. This agreement ties existing development agreements to a new development agreement between Phillips Warner and the city for the development of the assisted-living facility.
The fourth ordinance approved at Monday night's meeting executes a subdivision agreement between the city and Phillips Warner Realty for the assisted-living facility.
In other business, the council approved the low bid from Overman Construction of Gibson City for labor at $18,900 to renovate the rear wall of the city's main garage.
The council also decided not to sell old paver bricks removed during the Wood Street sewer line project, despite public demand for them. Officials believe the bricks may be needed for future repair of the town's historic streets.