The large company is receiving numerous proposals from Michigan, Ohio, California and Illinois. It is likely that they will get numerous incentives, with a free or very low cost site and infrastructure.
Peoria has shown them a number of locations in and near the city. They are interested in a site in the Growth Cell.
We are getting proposals from land owners who would sell and gift a site to the City or County. This would lower the cost as a result of the tax donation, and also would bring significant State and Federal assistance in constructing the Pioneer Parkway extension and the new interchange.
1. The City/County work with landowners to get an option on the real estate - $3,000,000 + -
2. City/County requests the State extend the life of Enterprise Zone, which now ends in 2013
3. City and County assist in obtaining Federal and State incentive, grants, & stimulus
4. City and County ask Dunlap School District and Kickapoo Township to join Enterprise Zone
5. Area governments requested to consider a longer property tax abatement to close the deal
6. Request substantial Federal and State assistance in infrastructure and development costs