Developer eyes former Boos property for apartments
City Engineer and Planner
The project area is within the city's Central Redevelopment Tax Increment Financing area.
"We've been working with them since last July on getting this developed with residential property and we believe we have come to an agreement are ready to move forward," said Heuerman.
The city will sell 1.26 acres at
The buyer will be responsible for purchase, site plans, re-plat, and development of a total two eight unit apartment buildings by
"The actual total development consists of two additional eight unit apartment buildings for a total of 48 units, but only 32 of those are a part of this (city's) agreement," sid Heuerman.
Mayor
Commissioners
In another related matter, the city agreed to re-plat property for Park Ridge Subdivision, in order to allow
Althoff said Hartman stepped up to the plate to develop an area that might otherwise not been developed.
In other matters, the council:
--Introduced
--Recognized the first group to complete the
--Recognized four officers for their work in solving crimes in the city. Police Chief
--Renamed the
--Adopted the annual operations budget for the
--Approved the execution of an economic incentive agreement with
--Approved the recommendation of the
___
(c)2019 the Effingham Daily News (Effingham, Ill.)
Visit the Effingham Daily News (Effingham, Ill.) at www.effinghamdailynews.com
Distributed by Tribune Content Agency, LLC.


European Politics Headlines at 4:53 a.m. GMT
Critical Illness Insurance Market Is Expected To Boom In Coming Years
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Symetra and TIAA Announce Launch of Mariner Re
- Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
More Annuity NewsHealth/Employee Benefits News
- Shopping for ACA plan this year? Here’s what you need to know
- 10 things to know about open enrollment for 2027
- WITH FEDERAL MEDICAID CHANGES, BROWN STUDENTS AIM TO HELP PEOPLE STAY COVERED ON HEALTH INSURANCE
- HEALTH COVERAGE CONSUMERS SHOULD BE WARY OF SUBPAR PRODUCTS
- Study: Colorado's Medicaid covers more services than private insurance
More Health/Employee Benefits NewsLife Insurance News