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Salem council sets hearing on Perry Township annexation agreement amid questions about 70/30 split and deed‑restriction abatements
Summary
Council introduced Resolution 251202‑72 to set a public hearing on a cooperative economic development agreement with Perry Township. Members pressed staff on whether the '70/30' arrangement is a fee or income‑tax split, who will monitor disbursements, and how 12½‑year abatements on deed‑restricted parcels affect economic development.
The Salem City Council voted Dec. 2 to set a public hearing on a Cooperative Economic Development Agreement concerning annexations with Perry Township, while several council members raised unresolved questions about the pact’s financial mechanics and long‑term development effects.
Council member Mister Noll moved to waive rules to introduce Resolution 251202‑72, which the clerk described as a resolution to set a public hearing on the Cooperative Economic Development Agreement concerning annexations with Perry Township and declaring an…
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