TIF
With all of the discussion about tax dollars assisting private development, here’s a bulletin: It’s been going on here for decades. Now, not all of it has been directly for a specific property, as is being proposed for the Tanninger Companies’ quest to turn the Illinois State Bank building into a boutique hotel, but millions…
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QUINCY — The Adams County Board unanimously approved an expansion of the Quincy Adams Brown Enterprise zone to accommodate the construction of a $40 million facility for United Alloy. United Alloy’s current Quincy location is a 24,000 square foot weld-only facility in the Ellington Road industrial park that opened in April 2023. The new site is…
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QUINCY — The Quincy City Council met twice on Monday, with the first meeting to close out the old fiscal year and the second to start the new one. The first meeting, held at 5:30 p..m. is called “sine die” (Latin for “without day”) and legally means the City Council leaves the final meeting of…
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QUINCY — The Quincy City Council has set a hearing date to determine if a new Tax Increment Financing (TIF) district will be established in the city’s Calftown section. At Monday’s meeting, aldermen voted 10-2 to set the hearing for Thursday, March 14 at 7 p.m. in the City Council Chambers. Aldermen Tony Sassen (R-4th…
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Ashley and Brittany spend this week’s Coffee Talk getting the tea on tax increment financing (TIF) from Jason Parrott with the City of Quincy’s planning department.
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Imagine you look at Quincy’s downtown and you decide you want to be a part of it…personally and professionally…and help in its development. You see all the people who have come before you. You see their successes and failures. So what do you do? Maybe it’s helping the downtown through volunteering or just taking the…
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QUINCY — Mayor Mike Troup’s plan that could lead to the razing of the crumbling Welcome Inn received the seal of approval from the Quincy City council on Monday night. Alderman Dave Bauer (D-2), who had requested to table the $500,000 proposal last week, asked Planning and Development Director Chuck Bevelheimer if this money was intended…
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