•September 7, 2016•

By Mike Brothers

Possible development of an Alzheimer treatment facility south of Sullivan could lead to a new Tax Increment Financing district.

Mayor Ann Short explained that Dr. Faisal Burkhari of Sullivan and a group of investors contacted the city expressing interest in building a treatment facility near Vineyard Church, south of Sullivan on Route 32.

Short noted the area is within the city limits, and if the city of Sullivan annexed property to the east, a TIF 4 district could be formed to allow future growth in the area.

Mayor Short noted those property owners could benefit from increased development of subdivisions as well as commercial expansion without endangering tax bases for existing agricultural operations.

“The city has been able to work with landowners to encourage participation in successful TIF districts, with those expiring possibly included in a new district,” she said.     Login or Subscribe to read the rest of this story.