Public Hearing for Annual Town Meeting for Township of Peoria will be held at City Hall on Tuesday, April 13, 2021 at 6:00 PM. This will include Town Budget, Appropriation Ordinance and Annual Meeting of Town Board of Trustees.
The Council members approved resolution to remove access restriction to Jamestown Road for multi-family residential development on W. King James RD and N. Queen Frances Lane; road improvement project for Northmoor Rd. from Allen Rd. to University St.; denied liquor license at neighborhood grocery store at 1500 NE Jefferson - the business owner was referred to Economic Development for assistance, as well as the small business development program through Bradley University.
After several delays, the Council passed Ordinance designating an area of urban decay and adopting tax abatement for portions of the north valley and south side of Peoria. Councilperson John Kelly has proposed this as a means to invest in the neighborhoods and encourage building and improve land values in the area. Taxes would be paid on value of land but not on new construction for first six years; taxes on new construction would be phased in years seven though ten. Kelly sees this program as an opportunity to recognize and increase the property values in the area for all owners. This measure was opposed by Council Persons Moore, Jenson and Ali. Council Person Moore was concerned about effect on Peoria Public Schools which could be impacted by loss of tax revenue by abatement.
Finally, the Council unanimously deferred Ordinance to approve special use General Commercial use of property at 1217 W. Glen Ave. and 4926 N. University until April 13, 2021.
Connie Romanus, Observer
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