Aldermen will consider economic development agreements Tuesday night with two businesses.
The agreements are for Maple and May street improvements.
Automation International, Inc. and Watchfire Signs plan to expand their facilities and create and retain jobs, according to the city’s resolution.
Improved access to the business facilities are required from Maple and May streets to accommodate increased traffic and changes in traffic patterns, also according to the city’s resolution.
Improving Maple Street from Bowman to Bahls and May Street from the alley between Pries and Bahls to Bahls is a benefit to the motoring public, the city infrastructure and the economic investments of the businesses, according to city officials.
Also according to city officials, it is necessary for the city to enter into the agreements with the businesses to make the public improvements eligible for state economic development program funds.
The funding can be used to pay up to 50 percent of the public improvements.
The city will apply for $600,000 in funding to help pay for the roadway improvements.
The city will use Motor Fuel Tax funding and funding from the Infrastructure and Economic Development Improvement Fund for the local required funding.
In other business Tuesday, the city council’s Public Works Committee will:
- Review the proposed 2012 tax levy.
- Consider extending and amending the agreement for transit services with CRIS Rural Mass Transit District.
- Consider purchasing 17 street light poles and luminaries for Fairchild Street between Gilbert and Vermilion streets at a cost of $25,789 from Tepper Electric Supply Co. of Champaign. The cost includes delivery.
It’s the city’s desire to maintain a uniform look for street lighting along the Route 1 corridor, according to the city resolution.
- Consider approving a lease with Dan Pipkin Advertising Agency, Inc. for the billboard space on the west side of the building the city now owns at 248 W. Main St.