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Committee of the Whole reviewed Perry Township annexation agreement; council asks Saad Center for economic model
Summary
The Committee of the Whole considered a proposed economic development/annexation agreement with Perry Township that would let Salem control CRA designations after annexation; council members raised concerns about revenue modeling and asked the Saad Center for a forecast before further action.
The Committee of the Whole reviewed a proposed economic development agreement between Perry Township and the City of Salem that would govern future annexations and community reinvestment-area (CRA) designations, the council reported from committee minutes at its Oct. 7 meeting.
Committee members questioned how CRA control, tax abatement terms and revenue sharing would affect the city's long-term finances. At the Committee of the Whole meeting (09/16/2025), Councilman Jim Harrington asked…
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