Rock Island Today

City of Aledo Tax Increment Financing Committee met Aug. 11.

Here is the agenda provided by the committee:

I. Roll Call

II. Approval of Minutes: 05/27/2025

III. Public Comment: (Note: Each Speaker shall confine comments to five (5) minutes or less, restrict remarks to matters relevant to the governance of the City, avoid repetitious statements and refrain from vulgar or otherwise inappropriate language or references.)

IV. Old Business:

A. Discussion regarding Sponsler Manor Fourth Addition Housing

Development:

i. Sale of Parcel(s) concerning existing Encroachments.

ii. Bids for Sponsler Manor 4th Addition Phase 1.

iii. Sale of Lot Incentives for Phase I.

iv. Covenants.

B. Discussion regarding a Commercial Façade Renovation Program TIF Application, Windborn Inititative, LLC for property located at 115 E Main Street, Aledo, Illinois.

C. Discussion regarding a Commercial Façade Renovation Program (Mural) TIF Application, 112 E Main Street, Aledo, Illinois.

V. New Business:

A. Discussion regarding a Commercial Façade Renovation Program TIF Application, Gail Cooper for property located at 119 S College Avenue, Aledo, Illinois.

B. Discussion regarding a Commercial Façade Renovation Program TIF Application, Aledo Lodge #252 for property located at 101 SW 3rd Street, Aledo, Illinois.

VI. Adjournment:

https://www.aledoil.gov/AgendaCenter/ViewFile/Agenda/_08112025-464