Classic Hits 103.9 WLPO

News from the Illinois Valley

LPHS approves TIF agreement with Peru

Posted by wlpo on June 5, 2012

TIF Districts are used to spur development.  A TIF that includes the old motels and truck stops and the new Holiday Inn Express in Peru hasn’t seen much development, just a lawsuit.

Still, the boards at LP High School, Illinois Valley Community College and Peru Elementary District have reached an agreement for the commercial TIF district.  The city council approved it Monday night.

Dimmick School District and La Salle County oppose it and are fighting it in court.

Peru Mayor Scott Harl says Peru provides one-third of La Salle County’s sales taxes.  He just doesn’t understand why they would be against the TIF.

Sorry, the comment form is closed at this time.

%d bloggers like this: