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O'Fallon holds public hearings on Park Place sales and amusement taxes
Summary
The O'Fallon City Council opened and closed two public hearings on proposed taxes for the Park Place development: a 1% business district sales tax and a 5% amusement tax for on-site activities. No members of the public spoke for or against either proposal; the sales-tax proposal will be discussed again at the community development committee.
The O'Fallon City Council on March 17 held public hearings on two proposed taxes that would apply only inside the planned Park Place development.
Under the first proposal, the city would establish a business district that levies a 1% tax on items sold inside Park Place, the old food factory site and the adjacent sports park. According to the presentation to the council, revenues from the 1% tax would be rebated to the developer or to the city when…
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