By Kayleigh Rahn
A Kentucky based developer has applied for a redevelopment agreement with the City of Tuscola that would be the next step in a months-long discussion to develop the Roxanne Moore property adjacent to Interstate 57.
The Tuscola City Council, due to the observance of Veterans Day on Monday, Nov. 12, will meet at 7:30 p.m. Tuesday, Nov. 13 when they will consider the agreement.
“This project concept includes the extension of a new roadway to the north from the southbound 1-57 entrance/exit ramp, essentially creating a four-way intersection at the current three-way traffic light,” City Administrator Drew Hoel wrote in his bi-monthly report. “3-D Development of Lagrange, Ky., has an option to purchase the entire 50-acre property, and they have also secured commitment from Love’s Travel Stops and Country Stores, Inc. to construct a project on approximately 12 of those acres at an approximate cost of $10 million.”
The proposed redevelopment agreement includes commitments from the parties, in addition to funding the intersection and the first 450 feet of the roadway out of the City’s TIF fund, at a cost not to exceed $1.8 million, Hoel noted.
With council approval, the project is slated for Spring 2019 construction.
In other business to be addressed by the council, City Treasurer Alta Long prepared the tax levy ordinance, at the direction of the city aldermen, to reflect a nearly flat 2.5 percent increase. The council must approve a tax levy by the first meeting in December.
Other business will include:
- Employee health insurance renewal with the same carrier, Health Alliance, at an increase of 3 percent.
- A policy prohibiting sexual assault harassment. In early 2018, the council approved the ordinance, which became required under state statute. Since then, the General Assembly has set a new statute that affects notice deadlines for complaints related to the original law.
- Renewal of the Illini FS property lease. The agreement, which has been extended over the past 30 years, has traditionally been extended every five years; however, this agreement will allow the company to terminate the lease at the end of any give year of that five-year term, Hoel’s notes state. If approved, the lease rate will remain at $1,800 per year.
- Execution of the min/max agreement for the city’s property, liability, and workers’ comp insurance renewal with The Illinois Municipal League Risk Management Association. The proposed renewal includes a flat rate over the previous year.