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Mahomet village, Mahomet‑Seymour CUSD 3 meet to align economic development plans with school capacity and funding needs
Summary
Village officials outlined an eight‑month market and corridor study and TIF‑funded downtown projects to attract commercial development; the school superintendent detailed classroom shortages, recent $4.8 million health‑safety bonds and how rising property values affect district revenue and taxes.
Mahomet village and the Mahomet‑Seymour CUSD 3 Board of Education met Sept. 29 for a joint session centered on village economic development plans and school‑district capacity and finance updates.
Village officials described a planned US‑150/Bridal Road corridor study that will include a market study, land‑use/zoning analysis and a site‑readiness report. Patrick Brown, the village administrator, said Moran Economic Development will conduct the market study and that the overall redevelopment process should take about eight months, with deliverables expected around April.
"The plan will really include all the areas, say, down to the railroad tracks," Brown said, describing the study’s scope and the market and site‑readiness work the village will use to target redevelopment. He warned that infrastructure — particularly the East Mahomet interceptor sewer — could be costly to extend eastward and may limit development along the railroad.
Brown also recapped recent TIF and downtown work, saying the village used about $300,000 in TIF funding on roughly a $2,000,000 400‑block streetscape project and is planning preliminary engineering for…
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