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Shelbyville council rescinds Industrial Development Board authority to negotiate PILOTs in 4–2 vote
Shelbyville Mayor and City Council · August 9, 2024
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Summary
A resolution rescinding resolution 13-22 — removing the Industrial Development Board's authority to negotiate and accept payments in lieu of ad valorem taxes — passed 4–2 during the Aug. 8 council meeting.
The Shelbyville City Council voted 4–2 on Aug. 8 to rescind resolution 13-22, removing the Industrial Development Board’s authority to negotiate and accept payments in lieu of ad valorem taxes (PILOTs).
City staff presented the rescission as a resolution to…
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