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Peoria council approves Glen Hollow business district and sets Westlake SSA hearing amid debate over taxpayer subsidies
Summary
After extended debate about taxpayer-funded business-district tools, Peoria approved a three-part business-district package for Glen Hollow (including a 1% special tax) and set a public hearing for Westlake SSA’s proposed tax increase; council split on the policy’s fairness to taxpayers and on whether it encourages landlords to defer maintenance.
Peoria City Council on Tuesday approved a business district plan and related ordinances for the Glen Hollow Business Development District and scheduled a public hearing to consider a proposed increase and extension for the Westlake Special Service Area.
The Glen Hollow package — which would allow a 1% retailer/service occupation supplemental tax in the designated district and establishes a business-district plan — drew an extended council debate. Assistant City Manager Richardson and staff explained the eligibility study and criteria showing threshold deterioration;…
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