Streator City Council Approves Amendments for TIF Districts 2 and 6

Streator City Council made significant strides in urban development during their meeting on July 16, 2025, by advancing multiple ordinances related to Tax Increment Financing (TIF) districts. The council unanimously approved amendments to TIF District 2 and established TIF District 6, aiming to enhance economic growth and property continuity in the downtown area.

The council's first three items focused on TIF District 2, which included removing a proposed development site for the banks station and adding adjacent lots to ensure property continuity. These amendments are expected to streamline future development efforts in the area. The council members voted in favor of these changes, signaling strong support for revitalizing the downtown district.

Following this, the council turned its attention to TIF District 6, approving a redevelopment plan that encompasses properties from a former church site extending towards Owens property. This new district aims to stimulate investment and development in previously underutilized areas. The council emphasized that while the district has been established, further agreements and actions will be necessary to implement specific projects.

In addition to the TIF discussions, the council introduced an ordinance to adopt a municipal grocery retailer's occupation tax. This new tax is intended to support local grocery services and enhance city revenue, although details on its implementation remain to be finalized.

Overall, the decisions made during this meeting reflect the council's commitment to fostering economic development and improving the city's infrastructure. As these initiatives move forward, residents can anticipate positive changes that will contribute to Streator's growth and vitality.