•December 14, 2022•
by Crystal Reed

The Sullivan City Council meeting began with a public hearing on the levy and assessment of taxes for the fiscal year beginning May 1, 2022 and ending April 30, 2023. The total levy is $1,204,613 which is up from prior years because TIF 1 has expired. Treasurer Sarah Golden said the tax rate is no higher than it was 10 years ago and the public will not see their tax bills go up.
The council addressed several items in regard to TIF District 4. The first item authorized the execution of a Professional Services Agreement with Jacob and Klein, LTS, The Economic Development Group and city of Sullivan. The group will provide technical advice to assist the city with the TIF.
Another resolution was a third amendment to Sullivan Tax Increment Financing (TIF) District 4 Central Properties and Investments, LLC Redevelopment Project. Mayor Richard Glazebrook said the area is located on Hamilton Street on the east side across from Industrial Way Road and will be apartments. The third item was another proposed third amendment to TIF 4 Legacy Post Frame Home, LLC Redevelopment Project.     Login or Subscribe to read the rest of this story.