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Council clears Southgate subdivision, advances TIF 7 expansion and feasibility study
Mount Carmel City Council · August 19, 2025
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Summary
Council approved subdividing a 1.66‑acre Southgate parcel for industrial use with a $25,000 minimum bid and voted to extend TIF 7, sending a feasibility study to Moran of Metro East; motions passed by roll call.
Mount Carmel City Council approved dividing a roughly 1.66‑acre parcel in the Southgate area for bid with conditions intended to encourage industrial development and voted to extend Tax Increment Financing zone 7 to include additional property near Shopko/Rural King and to authorize a feasibility study.
Staff described the shaded Southgate parcel and proposed…
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