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Troy Approves TIF Legislation, Votes In Support Of Rebuild Downtowns Grant

By Stephanie Malench

The Troy City Council met on December 20 and formally adopted the three ordinances required to establish the new TIF district downtown. The first ordinance adopted the actual redevelopment plan and project, the second designated the area that will be included in the redevelopment zone. The final ordinance officially adopted the tax increment funding.

A resolution in support of  applying for the Rebuild Downtowns and Main Streets Capital Grant in the amount of $2.6 million. The city is offering to match the project with $450,000 in matching funds, $190,000 from the closeout of the expiring TIF and $260,000 for the parking lot at 110. East  Market St. The city will use the grant money to buy power lines, install decorative lights, and put in ADA compliant sidewalks, all goals of the downtown redevelopment plan.

Another resolution of support was passed for the ACT grant for $100,000 to extend the MCT bike trail to the edge of the city limits instead of ending at the door of C.A. Henning Elementary School. The city’s match for this grant will be approximately $1,000.

An ordinance was passed prohibiting drilling of wells for ground water in the area surrounding the Taco Bell on Edwardsville Rd.  (the 900 block of Edwardsville Rd) from where a truck stop used to be several decades ago. The city already has an ordinance on the books that drilling wells is prohibited within 250 feet of a water main system, but the Illinois Environmental Protection Agency requires an ordinance spelling out the boundaries of the area not to be drilled in due to contamination. The area also includes properties in the 2000 block of Formosa Rd and the right of ways for both roads and the interstate.

Action taken related to this ordinance was a resolution authorizing Mayor Dave Nonn to execute a highway authority agreement limiting access to the right of way  on both sides of Formosa Rd for 904 Edwardsville Rd.

In other business:

•The Metro East Parks and Recreation Department survey is online for residents to vote where they would like the next walking/bike path in the city. The survey will be open until December 31.

• A bid for the Dale Avenue water main replacement project was approved for $64,359.80. The 2 inch cast iron water main has been breaking frequently and is constantly needing repairs.

•The Troy American Legion was granted permission to approach IDOT to close Market St. on May 29 for the return of their Memorial Day parade. The parade will start at Market and Hickory St. and end at the Veteran’s Memorial at Tri-Township Park.

•Building permits are up in 2021 for residential new construction (73) compared to 61 in 2020 and 40 in 2019. There have been no business new construction permits issued this year, only additions/remodels/repairs.

•City Hall will be closed December 25 and December 31 for the Christmas Eve and New Years Eve holidays.

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