The Highland industry district growth went sooner than a public listening to final week, and can arise sooner than the town council via the top of the month.
Highland’s industry district is slated for growth via including Glik Park and different spaces to it, totaling 34 parcels of assets and rights-of-way.
The industry district would impose a 1% tax on companies throughout the district for as much as 23 years, which might be used for redevelopment and infrastructure.
Town Supervisor Chris Conrad mentioned 3 other folks spoke on the public listening to final week. One used to be a resident who lives close to the industry district and used to be involved concerning the affect of water runoff and drainage problems for long term building. Some other had questions concerning the gross sales tax, and a 3rd used to be in desire of the industry district method, Conrad mentioned.
“(He mentioned it used to be) a extra honest means for governments to pay for infrastructure and growth as a result of this can be a consumer tax reasonably than a assets tax,” Conrad mentioned.
Underneath a industry district tax, the prices are paid via everybody who comes into Highland and patronizes Highland companies, reasonably than placing all of the burden on assets house owners.
The Highland industry district used to be established in 2017 and amended in 2019. The growth would come with proprieties at the north facet of the present district alongside Illinois 143; the central portion alongside U.S. 40 and Nagel Force; and south of U.S. 40 and north of West Monroe Side road to the south; in addition to assets adjoining to Frank Watson Expressway north and south of Sportsman Highway.
Industry districts can handiest be established in spaces the place there may be financial, environmental or different sorts of blight. The record introduced to the council final month discovered elderly and deteriorated structures, roads in disrepair and deterioration in parking spaces and driveways.
There are a number of annexations of assets pending which might be contingent at the industry district growth, Conrad mentioned. The ones annexations would ordinarily be acted upon on the Nov. 7 council assembly, and have been at the schedule. However Conrad mentioned they might be tabled till the Nov. 21 assembly, which is when the industry district will arise for a vote sooner than the council.
That suggests citizens will find a way to deal with the town council on the Nov. 21 assembly to specific their evaluations concerning the industry district growth, Conrad mentioned. Neighborhood contributors had this chance on the Nov. 7 assembly as neatly.
The council additionally can have its audit presentation on Nov. 21, inspecting the town’s budget.